XRP Price Poised for $10 Surge as Elliott Wave Analysis Points to Strong Upside – Is a Major Breakout on the Horizon in This Bullish Macro Trend?
XRP (XRP) has dipped 2% over the past 24 hours, now trading at $2.14 following a broader weekend pullback in the crypto market.
Despite a recent whale transaction—29.5 million XRP moved to Coinbase, worth approximately $64.4 million—suggesting possible short-term pressure, it may also reflect strategic positioning ahead of a larger move.
While large transfers can raise concerns, they don’t always signal impending sell-offs, particularly when overall market sentiment is shifting bullish.
Adding to the optimism, XRP’s weekly chart is starting to resemble a historical pattern that has previously signaled major rallies—potentially laying the groundwork for a significant rebound.
If history is any guide, the recent pullback could be the quiet before the storm, reinforcing a bullish outlook for XRP in the coming weeks.
XRP Could Rise to $7+ if This Historical Pattern Repeats
Elliott Wave analysis suggests XRP may be entering the final leg of its current uptrend, potentially setting the stage for a strong move toward the $7 level in the coming months.
XRP’s current price action is beginning to echo the setup seen in November 2020, when the 21-day EMA crossed above the 200-day EMA—a bullish signal that preceded a surge from $0.697 to nearly $2 within six months.
A similar crossover occurred last November and has since pushed XRP close to its all-time highs. If history repeats, this pattern supports a potential rally toward the $7 mark in the near future.
Momentum indicators on the weekly chart are also showing encouraging signs. The MACD histogram’s negative readings have been tapering off, indicating weakening bearish momentum. As long as XRP remains above the 21-week EMA, the bullish case remains intact.
So, could XRP reach $10 this year? While the $10 target may still be ambitious in the short term, a move to $7 seems increasingly feasible—representing a potential 227% gain from current levels.
With market sentiment improving, attention is also turning to promising crypto presales. One standout is MIND of Pepe (MIND), an AI-driven token that’s generating buzz among early investors. With only a few days remaining to buy at the discounted presale price, now may be the ideal time to consider this high-upside opportunity.
Last Chance? MIND of Pepe Nears $9M as Presale Closes In and Hype Explodes
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Currently priced at just $0.0037515, $MIND presents a strong early-stage investment opportunity with significant upside potential.
To purchase $MIND, visit the official MIND of Pepe website and connect your wallet (such as Best Wallet). You can complete your purchase using USDT, ETH, or even a bank card for added convenience.
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