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XRP PRICE TO $28: WAVE ANALYSIS REVEALS WHEN IT WILL REACH DOUBLE-DIGITS

by Scott Matherson
3 hours ago
in Altcoin News
0


Crypto analyst Behdark has predicted that the XRP price can reach $28. This
prediction follows his Elliot Wave theory analysis, which also showed when the
crypto will reach this double-digit price target. 


WHEN XRP PRICE WILL REACH DOUBLE DIGITS

In a TradingView post, Behdark’s Elliot Wave theory analysis showed that the XRP
price can reach double digits by 2026. The analyst’s accompanying chart showed
that the first double digits target for XRP will be $15, after which the crypto
could eventually rally to $28. Behdark also provided more insights into XRP’s
current price action and why this rally could happen. 


Related Reading: Hidden Bullish Divergence Appears On Dogecoin Price Chart,
Here’s What To Expect Next
Source: X

First, the analyst mentioned that the XRP price looks to be currently within a
running triangle. In line with this, Behdark remarked that wave D might complete
its movement by hunting the all-time high (ATH) at $3.84. He mentioned that
there could be a price correction for wave E afterward. 

Once that XRP price correction happens, Behdrak predicts the next move will be
the post-pattern movement targeting a level above $15. This is where the price
target of $28 comes into the picture, as the analyst’s accompanying chart shows
it is a feasible target for the crypto, although it might not happen in this
market cycle. 

An XRP price rally to $28 would mean that the crypto would have a market cap of
$2.8 trillion. However, Behdrak suggested that this was still feasible. He noted
that his focus was on chart analysis and not fundamentals, even though
fundamentals are reflected in the chart itself. 

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Meanwhile, the analyst told market participants that if a clear and identifiable
pattern emerges when the XRP price reaches wave E of the triangle, they could
position themselves for the main move to double digits. 


A CONFIRMATION OF THIS DOUBLE DIGIT TARGET

Crypto analyst Dark Defender also recently shared an Elliot Wave theory
analysis, which showed that the XRP price could indeed reach double digits.
Specifically, the analyst’s accompanying chart showed that XRP could rally as
high as $18 when the wave 5 impulsive move occurs. 


Related Reading: Analyst Says the Shiba Inu Price ‘Looks Like Dogecoin’, Shares
New Target
Source: X

Interestingly, unlike Behdark’s chart, which showed that the rally to double
digits would happen in 2026, Dark Defender’s chart showed that the rally to $18
could happen as early as mid-2025. Meanwhile, the analyst said that the XRP
price is currently in the third wave, with the crypto expected to rally to $5
when this next impulsive move occurs. 

Afterward, the XRP price is expected to witness a corrective move that will
cause it to drop to as low as $4. The next impulsive move after this could send
XRP to the $18 target. 

At the time of writing, the XRP price is trading at around $1.55, up over 10% in
the last 24 hours, according to data from CoinMarketCap. 

Token price moves above $1 | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com

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SCOTT MATHERSON

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp
analytical mind and a deep understanding of the digital currency landscape.
Scott has earned a reputation for delivering thought-provoking and
well-researched articles that resonate with both newcomers and seasoned crypto
enthusiasts. Outside of his writing, Scott is passionate about promoting crypto
literacy and often works to educate the public on the potential of blockchain.




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