<ul><li>Wave 3&#39;s potential could push XRP to $6, with analysts projecting highs up to $45, reflecting strong market sentiment.</li><li>XRP/BTC chart signals bullish reversal with double bottom and falling wedge patterns, indicating potential price surge.</li><li>XRP&#39;s key support levels are at 0.00000800 BTC and 0.00000750 BTC, with breakout resistance at 0.00001100 BTC.</li></ul>The recent Elliott Wave analysis of <a href="https://cryptotale.org/xrp-and-toncoin-surge-as-bitcoin-crosses-66k-and-ethereum-dips/" rel="noopener noreferrer nofollow">XRP</a> presents an intriguing picture for investors. According to <a href="https://x.com/ChartingGuy/status/1816229544715862411" rel="noopener noreferrer nofollow">Charting Guy’s</a> two-day chart, XRP has completed Wave 2 with a notable drop to $0.3825 on July 5. This development sets the stage for Wave 3, which is typically characterized by significant bullish momentum.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdTPPd2sPYmzmTwEAYwjptkN0Uf3AvPiezaZUt04sUFp-hRTebqU4kbGmYiMdd9siUdcl11EZpv4C_p3u4Di_X9DxrPud4CzooAATb3uLn9ABanDBnwUAHcLp_EU3JbhPJfNlpMLWAcq-GZPBB1eHsOYdY?key&#61;MDm3XgXxiHbjI7oz9dqqlg" />Charting Guy&#39;s projections suggest that Wave 3 could drive XRP’s price up to $6. However, historical predictions and current analysis present a range of potential targets.Related: <a href="https://cryptotale.org/analysts-insight-xrps-2017-style-surge-begins-whats-next/" rel="noopener noreferrer nofollow">https://cryptotale.org/analysts-insight-xrps-2017-style-surge-begins-whats-next/</a>In the past, analysts have been optimistic about XRP’s performance during Wave 3. For instance, CryptoBull <a href="https://x.com/CryptoBull2020/status/1729961247594967293" rel="noopener noreferrer nofollow">forecasted</a> a potential peak of $27 for XRP during this wave last December. More recently, Cryptobilbuwoo <a href="https://x.com/Cryptobilbuwoo0/status/1805920082713043153" rel="noopener noreferrer nofollow">suggested</a> that Wave 3 could push XRP into a price range between $21 and $45. This range reflects varying levels of bullish sentiment in the market.<a href="https://cryptotale.org/wave-5-projections-for-xrp-could-price-reach-22-analysts-weigh-in/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Wave 5 Projections for XRP: Could Price Reach $22? Analysts Weigh In

CryptoTale

Other articles published on Jul 26, 2024

BlackRock's Robert Mitchnick: Bitcoin Is Not Risk Asset, Possible Flight to Safety

Michael Novogratz’s Galaxy Digital Acquires $1B in Ethereum Staking Assets

Terra’s Bankruptcy Court Order Spurs Major Reopening of Shuttle Bridge and Destruction of 150 Mil...

XRP to Reach $10 This Year, According to ChatGPT – Implications for Major Altcoins

BNP Paribas launches Slovenia’s 1st sovereign bond on Canton blockchain

Defunct Bitcoin Exchange Mt. Gox: Billion-dollar Repayments Begin

Join our free newsletter for daily crypto updates!