- XRP appears ready to start Wave 5 after completing its corrective Wave 4, potentially driving the price toward $18.
- Analysts highlight key Fibonacci levels at $1.88 and $5.86 as milestones in the upcoming rally.
XRP may be preparing for a surge as market data points to the completion of its corrective Wave 4 and the imminent start of Wave 5. Analysts suggest that this next phase could push the coin to new highs, with $18 emerging as a potential peak.
The Elliott Wave Structure Behind XRP
Since the 2022 bottom triggered by the Terra ecosystem collapse, XRP has been moving within a 5-phase Elliott Wave structure. Wave 1 began as XRP recovered from $0.28 in June 2022, rising to $0.93 by July 2023. Also, Wave 2 saw a correction to $0.38 by July 2024, followed by a strong Wave 3 rally that peaked at $3.4 in January 2025.
Wave 4, the current corrective phase, has been marked by an ABC structure. XRP dropped to $1.61 in April 2025, surged to $3.66 in July 2025, and later retraced to current levels around $1.4. Market data now suggests that Wave 4 may have concluded, paving the way for Wave 5.
Wave 5 Targets New Heights
Market expert Dark Defender highlights that Wave 5 often signals a strong recovery from the preceding downtrend. For XRP, this could translate into a multi-phase rally. The first notable target is $1.88, corresponding to the 161.80% Fibonacci extension.
From there, XRP could reach $5.86, establishing a new all-time high in line with the 261.80% Fibonacci extension. Wave 5 could push XRP to $18.22, offering traders a potential gain of over 1,150% from its current price of $1.45.
What Traders Should Watch
The beginning of Wave 5 is expected to bring renewed buying interest and upward momentum. Traders are closely monitoring XRP’s ability to break above key resistance levels, particularly around the $1.88 and $5.86 marks. A sustained upward trajectory could confirm that Wave 5 is underway, potentially triggering one of the most notable rallies in XRP’s recent history.
While Elliott Wave analysis provides a framework for anticipating market movements, it is important for investors to consider overall market conditions and potential volatility. XRP’s upcoming trajectory will depend on broader market sentiment, adoption trends, and macroeconomic factors.
With Wave 4 likely completed, XRP stands at the threshold of Wave 5, and an aggressive rally toward $18 could be on the horizon. For traders and investors, this development underscores a critical moment in XRP’s price journey, offering both significant upside potential and a reminder of the inherent risks in cryptocurrency trading.
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