BULLISH 📈 : XRP Eyes 1,500% Surge to $24 After Current Correction

Crypto analyst Austin predicts a potential 1,500% increase in the price of XRP, reaching $24 based on Elliott Wave theory. He emphasizes quick market movements once the current correction ends.

XRP Price Projection

  • Austin's analysis indicates XRP could reach between $8 and $14 during Wave 3.
  • The macro 3rd wave may result in rapid price discovery.
  • Targets include extensions at $8.47 (2.618) and $13.64 (4.236).

XRP Chart

Market Structure and Regulatory Clarity

  • XRP has formed a 7-year contracting triangle accumulation structure.
  • Underwent a significant correction phase, seen as macro wave 2.
  • Regulatory clarity achieved post-SEC lawsuit settlement.
  • Ripple is advancing infrastructure for global adoption and institutional DeFi on XRPL.

Currently, XRP trades at approximately $1.44, showing daily gains.