While XRP has faced resistance to its latest recovery effort, XForceGlobal believes it remains in an Elliott Wave structure that could push prices beyond $20.

For context, XRP tried to extend its recent rebound after jumping 8.71% to $2.22 on Nov. 24, buoyed by the launch of new XRP spot ETFs from Grayscale and Franklin Templeton. 

However, the altcoin met resistance at this $2.2 region and has slipped to $2.17 at press time. Despite this pullback, Elliott Wave analyst XForceGlobal maintains that XRP still follows a larger market structure that can eventually lift it toward much higher price levels.

XRP Now Following Its Alternative Route

According to XForceGlobal, XRP continues to move within a broader bullish setup that he has tracked for more than a year. He revisited this analysis after confirming that his earlier expectation of a clean five-wave impulse directly to the upside no longer fits current price action. 

Notably, he noted that the earlier scenario was the faster and more straightforward path higher. However, the alternative scenario, which he previously highlighted as the more realistic and more bullish route, now appears to guide the market.

For context, this second path forms what Elliott Wave theory calls a flat pattern. XForceGlobal explained that this structure forces the market to clear out inefficiencies before any meaningful rally begins. 

He highlighted the Oct. 10 crash, when multiple altcoins dropped 50% to 70% amid a broader market collapse. Specifically, XRP collapsed 43% to $1.58 on Bitstamp. 

Notably, this move created one of the biggest chart distortions in months and made wave counts harder to read. Nonetheless, after the 43% drop, XRP rebounded quickly above $2. XForceGlobal believes this rebound turned into a major positive signal for the long term.

XRP Trading Within a Range 

To reduce the distortion, the analyst switched from the candlestick chart to the line chart, which removes extreme wicks and shows clearer closing prices. Looking at the four-hour line chart, he saw a range that XRP has followed for a full year. The altcoin has traded between $1.6 and $3.6 within this range since January.

XForceGlobal suggested that this range was a sign of upward accumulation rather than weakness. The line chart also helped him confirm that XRP still completes a larger flat pattern and that the final C-wave needs a full five-wave structure before the market can move higher.

Two Possible Dip Scenarios Before Rebound

Based on his analysis, XRP now trades close to a major macro bottom as long as the market holds above key levels. He added that a flat structure can end in two ways. First, a running flat would allow XRP to reverse higher without breaking its previous low of around $1.6. However, this pattern rarely plays out. 

Meanwhile, the expanded flat represents the second option, where the price dips slightly below its earlier low before turning sharply upward. Such a dip could push XRP toward $1.4 before a recovery higher. The analyst noted that both variations act as fake-outs because they briefly mislead traders before the true trend resumes.

Either Scenario Leads to $20+ for Wave 3

Speaking further, XForceGlobal also called attention to smaller wave movements that could lead to a diagonal forming a Wave 1, followed by a completed Wave 2 and a developing sequence of Waves 3, 4, and 5. 

He said the last portion could even form an ending diagonal or combine into complex ABC or WXY structures. Such moves would also lead toward the $1.4 low. Notably, these setups often create several fake-outs, but the analyst believes this is part of how the market sets up for stronger moves.

XForceGlobal acknowledged that Bitcoin (BTC) still leaves room for another downward step, which could create the deeper expanded flat to $1.4. Despite this, he noted that the overall structure still points upward. If XRP continues to follow this path, he expects Wave 3 to reach the $20 area and Wave 5 to move somewhere between $30 and $50.

A prominent trader has projected where XRP could head during its next leg up, suggesting that the generational wealth journey is close to an end.

XRP continues to struggle after its sharp rise at the start of the year. It jumped by 580% to reach $3.4 in January 2025, but later slipped below that zone and has dealt with steady selling pressure around $2. XRP recently dropped under this level again and now trades at $2.18, leaving many holders frustrated.

Despite the recent weakness on the back of a broader market downturn, several pundits believe XRP still has room to run. One such pundit is well-known trader The Bearable Bull, who says XRP’s next major move could take it to $8. He called this coming phase the next chapter for XRP.

XRP Generational Wealth Journey Nears an End

In a post on X, The Bearable Bull said he expects XRP to climb toward $8 and called this stage the closing stretch of what many long-term investors once viewed as a path toward generational wealth. According to him, this would mark a new beginning for the XRP community. 

Speaking on his personal journey, he noted that he stayed anonymous for seven years while building several successful crypto businesses. According to him, privacy gave him room to speak openly, build quietly, and avoid the pressure that comes with sudden fame at a young age.

He explained that staying out of the spotlight protected him from the emotional strain of managing large amounts of money under public eyes. Privacy gave him the freedom to make mistakes without loud criticism. Now, he says he feels prepared to step forward and make a wider impact because he has reached the limits of what he could achieve while remaining unknown.

Meanwhile, in a subsequent message, The Bearable Bull said holding XRP for eight years challenged him more than most people realize. He said he often felt right about his views but still suffered financially from what he believes was government interference. Despite the hardship, he insists the struggle is about to pay off. The run to $8 could be the start of this new phase.

The XRP to $8 Target

Interestingly, other analysts have also projected the $8 target. In February, market analyst Dark Defender said XRP was forming a corrective Wave 2 in a five-wave pattern and predicted the fifth wave would lift the token to $8. 

Meanwhile, last November, analyst EGRAG Crypto said XRP could break above $8 if it captured 10% of the $5 trillion crypto market valuation that Ripple CEO Brad Garlinghouse projected at the time. 

However, another market commentator, Xena, said $8 is a reasonable goal for this year, but urged investors not to limit their expectations because she believes XRP could climb much higher. Notably, at $8, most XRP holders may not secure life-changing gains.

For context, roughly 5.96 million wallets, or 81.6% of all XRP wallets, hold 500 XRP or less. At today’s price of $1.94, 500 XRP equals about $970. If XRP reaches $8, that amount grows to $4,000. Essentially, should XRP grow to $8, over 81% of XRP wallets would only make $4,000 or less.

Notably, other analysts believe XRP has the potential to reach higher targets. For instance, EGRAG predicts possible long-term upside toward $27, levels where 500 XRP would be worth $13,500. However, hitting this price area would demand more from XRP.

In addition, while The Bearable Bull focuses on the push to $8, he also looks further ahead. Two months ago, he predicted that a BlackRock XRP ETF would eventually launch. At the time, he said he expected XRP to rise to $8 to $10, while still seeing a possible cycle peak at $27. Today, two spot XRP ETFs from Canary Capital and Bitwise have already launched, with more on the way.

Pumpius, who entered the Bitcoin market over a decade ago, now believes investors could retire their bloodlines with XRP.

The crypto market offers investors the chance to realize significant returns within relatively short periods, unlike the traditional stock market, where market participants typically hold their positions for years before realizing substantial gains.

This divergence is due to the greater volatility observed with cryptocurrencies, which could push an asset up by 300% within weeks. While Bitcoin (BTC), the original cryptocurrency, set the stage in 2009, market pundits have now turned their attention to altcoins like XRP, which they believe could deliver the gains most investors anticipate.

“XRP Could Retire Your Bloodline”

In one of his commentaries, Pumpius, who began investing in Bitcoin four years after its launch, suggested that XRP may be the next best thing for investors. 

Notably, XRP made its debut in mid-2012, three years after Bitcoin emerged. With XRP now over a decade old, some investors believe they have missed out on the profit they could have made if they invested earlier.

For context, with XRP currently trading for $2.18, the altcoin has gained 32,608% from its earliest trading price of $0.00587 in August 2013. As a result, an investor who committed $1,000 in 2013 would today be sitting on over $327,000. 

However, Pumpius believes any investor who enters the XRP market at the current level is still early. This aligns with a commentary from XRP community pundit BankXRP, who suggested last month that XRP investors were still early. 

Interestingly, Pumpius believes market participants who enter the market now are not only early, but they have an opportunity to record massive gains that could help them retire their families. “You’re not just early — You’re about to retire your entire bloodline,” the market pundit suggested in his disclosure.

“What’s Happening Right Now with XRP”

Pumpius argued that market participants are on the verge of building generational wealth, advising that they do not relent. He implied that only investors who “understand what’s happening right now with XRP” would realize why he has made the bold declaration. 

For instance, while Ripple has continued to make acquisitions and seal partnerships in an effort to cement its place in traditional finance, CEO Brad Garlinghouse recently revealed that XRP sits at the center of all these moves. This essentially goes against the narrative that Ripple is abandoning XRP.

Meanwhile, besides Ripple’s moves, institutional interest in XRP has continued to grow. Most recently, Canary Capital launched the first spot XRP ETF in the U.S., and the product has witnessed over $306 million worth of inflows over six days. Bitwise also launched its XRP ETF on Nov. 20, commanding $116 million in inflows over two days.

Additionally, Franklin Templeton, Grayscale, and other issuers plan to launch their respective products in the coming weeks. Market commentators believe the capital inflows from these ETF products could lead to massive price surges for XRP. Pumpius’ optimism hinges on these factors.

While most analysts have predicted a possible XRP rally to prices ranging from $10 to $13, Pumpius already has his eyes set on $100. In a July commentary, he argued that most investors will miss the XRP rally to $100. 

Market analyst 24HrsCrypto insists that the XRP to three-digit price target is not a far-fetched dream, suggesting that it relies on math, liquidity, and patience.

For months, XRP traded around the $2 region amid market uncertainty that dominated the scene. However, despite the weakness, most analysts believed a recovery was imminent. Some suggested that a rebound could drive the price toward $5, $10, or even $13, based on their market assessments.

However, others took a much more ambitious view, calling for audacious targets like an XRP to $100 surge. For instance, Black Swan Capitalist founder Versan Aljarrah suggested in September that the XRP to $100 run could begin with accumulation by large institutions.

Interestingly, this outlook remains alive despite XRP’s recent drop below the $2 support amid the current bearish environment. With XRP now trading at $1.92, the altcoin would need to climb more than 5,100% to reach the $100 mark. This gap has bolstered the skepticism among market participants. 

XRP to $100 Not a Dream

Nonetheless, market analyst 24HrsCrypto recently repeated his conviction that XRP can reach the target. “Rest assured, $100 XRP is not a dream. It’s math, liquidity, and patience,” he said in a post on X. Essentially, he sought to indicate that his view relies on measurable factors rather than blind optimism.

Meanwhile, besides XRP, Bitcoin (BTC) has also been a subject of ambitious price predictions. For instance, Ark Invest’s Cathie Wood argued earlier this year that Bitcoin could rally to $1.5 million by 2030, citing her firm’s projections.

24HrsCrypto believes that if Bitcoin could hit $1.5 million from the current price below $85,000, then XRP has the potential to reach $100. However, XRP could yield better returns if both outcomes materialize.

To illustrate this, the market analyst walked through an investment instance. He asked his audience to imagine placing $5,000 into XRP and holding it until 2030. He called this a fair comparison, even though he believes most investors misunderstand where Bitcoin’s future gains originate. 

24HrsCrypto then compared the future outcomes of Bitcoin and XRP with the original investment of $5,000. Under his scenario, Bitcoin at $1.5 million would return roughly $89,000, while XRP at $100 would produce about $259,000. 

“XRP Growth Comes from Utility”

The market pundit attributed this difference to the forces that drive value for each asset. He argued that Bitcoin grows mostly because of investor speculation, while XRP’s growth comes from “utility, settlement demand, and global liquidity needs.”

Essentially, he encouraged investors not to overlook XRP, which he believes is an asset built for real settlement and deep liquidity support. According to him, long-term belief and consistent strategy will always outperform hype-driven reactions.

Interestingly, 24HrsCrypto remains one of the market pundits consistently championing the XRP to $100 narrative. In October, he claimed that something big was coming for XRP, and that it could rally to the $100 price before 2030. Earlier that month, 24HrsCrypto had claimed that XRP could reach $100 by 2030, but suggested that he could be wrong, as the timeline may be shorter.