HomeCrypto NewsMarketElliott Wave Expert Says There’s an Extremely High Chance XRP Will Hit $30 This Cycle

Elliott Wave Expert Says There’s an Extremely High Chance XRP Will Hit $30 This Cycle

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Korean market technician, XForceGlobal, has asserted that XRP still has a very high probability of reaching $30 before the current cycle ends. 

This projection adds another bold forecast to a growing list of predictions expecting a major XRP breakout in the coming months.

XRP Cycle Target Remains $15 to $30

In a tweet, XForceGlobal, who calls himself the first Korean Certified Elliott Wave Analyst, said he still believes XRP is on track to hit $15–$30 this cycle. His confidence is based on a combination of technical analyses, including Elliott Wave structures, and bullish developments surrounding XRP.

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With XRP trading in the low $2 range, his target implies a 6x to 12x gain. This ambitious outlook comes as the year draws to a close, with XRP continuing to trade around the same price levels it has maintained for most of 2025.

Many believe XRP may have already exhausted its bullish phase, and the targets XForceGlobal is projecting may be too ambitious for the current timeframe.

Community Reactions

For instance, trader Nico argued that a move to $15–$30 would require a scale of expansion not seen in past cycles. He noted that previous XRP cycle tops produced only 3x–5x gains from similar setups and timeframes.

To Nico, a rally up to $30 is closer to a “moonshot scenario” than a typical cycle target from the current phase.

Meanwhile, trader Justin Oleary questioned the timing rather than the possibility. He asked whether the next major impulse would arrive “in 8 months, years, or decades.”

The comment highlights the frustration across the XRP community amid ongoing stagnant prices. This frustration is also highlighted by analysts like EGRAG, who said traders often confuse pre-breakout compression with weakness.

XRP Could “Melt Faces” in 4–6 Weeks

Meanwhile, XForceGlobal’s bullish call aligns with a cluster of recent optimistic projections from other market analysts.

For instance, EGRAG identified repeating historical setups similar to 2017 and 2021, arguing that XRP is entering a tight compression phase that typically precedes explosive moves. His Fibonacci targets range from $6 to $10 and $37. He believes XRP price breakouts occur quickly, typically within 4 to 6 weeks, suggesting XRP will “melt faces.”

XRP Could Follow Zcash’s 1,775% Surge

Separately, macroeconomist Mikybull recently argued that XRP could mimic Zcash’s extraordinary 18x rally, placing conservative short-term XRP targets at $8–$10.

Adding to the bullish outlook, analyst Matt Hughes revealed that XRP has built its first-ever multi-quarter base above the 3-month Ichimoku Cloud’s key trend lines.

No previous cycle — not 2017, not 2021 — produced this formation. Hughes called it one of the strongest long-term structures XRP has ever displayed. His earlier Fibonacci checkpoints include $4.70–$9.30 and $12.30.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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