Analyst projects XRP $15–$20 if Wave 2 scenario plays out

HovWaves keeps $15–$20 target for XRP. Path depends on Wave 2 or Wave 4.

Crypto analyst HovWaves reiterated his macro view on X. He still sees $15–$20 for XRP even if the correction label changes. Source.

He says the current move can be a smaller Wave 4 or a deeper Wave 2. If it is Wave 2, the final target likely goes higher than $20. Details.

The bi‑weekly count tracks back to 2013. The chart shows a five‑wave rise into the 2018 peak near $3.4, then an ABC correction bottoming in 2020. Chart.

From the 2020 low, a new impulse started. Wave 3 topped at an all‑time high near $3.65 in July 2025. The analyst maps a current Wave 4 consolidation before a fifth wave toward $15–$20. Chart.

At press time, XRP trades near $1.43. Traders watch a push above $1.50. Price update.

  • Target unchanged at $15–$20 HovWaves
  • Wave 4 implies one path, Wave 2 implies higher final target Explanation
  • Key near term level $1.50 NewsBTC

HovWaves XRP Elliott Wave chart