XRP Price Expected to Exceed $5 Based on 5-Wave Count Analysis
Crypto analyst XForce predicts that XRP may reach a new all-time high (ATH) above $5, driven by a 5-Wave count analysis. Key points include:
- XRP could rally above $5 as part of a Wave 3 impulsive move.
- The price could potentially surge to $13 by year-end or early next year.
- A correction to around $5 is expected on Wave 4 before a predicted rise to approximately $25 on Wave 5.
- XForce indicates current price movements align with this analysis and supports a bullish outlook.
- Another analyst, CasiTrades, notes XRP's consolidation has peaked, indicating an impending price movement either upwards or a final drop to support levels.
- Resistance remains at $2.25, with potential support levels identified at $2.01, $1.90, and $1.55.
Currently, the price of XRP is around $2.16, reflecting a decrease over the last 24 hours.
