The well-known South Korean Elliott Wave analyst XFORCEGLOBAL has again made a daring prediction about the course of XRP. According to his analysis, XRP could reach a price of $ 20 to $ 40, possibly this year or in 2026. This prospect was recently discussed in an X Space discussion that also participated in popular crypto-youtuber Zach rector.
Elliott Wave theory and XRP’s potential
XFORCEGLOBAL bases its prognoses on the Elliott Wave theory, a method that maps market cycles and investor sentiment. Earlier this year he indicated that XRP followed a fifth wave within an upward Elliott Wave movement, with initial price goals between $ 7 and $ 12 and a further potential towards $ 40.
Source: XForceGlobal on Tradingview
He also points to the Kimchi Premium, a phenomenon in which cryptocurrencies such as XRP in South Korea are traded 5 to 10% more expensive than elsewhere. This indicates a strong local question, which supports its optimistic price target.
These ambitious predictions come at a time when XRP, together with the rest of the cryptomarket, goes through a period of low investor confidence. Despite recent price falls, XRP shows resilience. The price rose today by 1.75%, which records a weekly profit of 8.28% at a current price of $ 2.29.
Can XRP really go to $ 40?
If XRP reached a course of $ 40, that would mean an exceptional price increase compared to the current value. Although these prospects seem attractive, some analysts question the feasibility of such a rapid advance. They state that the market first needs more structural growth before such ratings become realistic.
Conservative market followers consider a more realistic goal for this cycle between $ 7 and $ 10. According to them, $ 40 is only feasible in the long term, possibly around 2030. Analysts from the Telegaon platform and the Changelly-Exchange support this vision and predict that XRP will only reach this milestone in 2030 and 2032 respectively.
The future of XRP remains the subject of discussion. Some analysts provide a substantial increase in value in the coming years, while others warn of excessive optimism. Blind trust in extreme price goals can cause investors only to act when the momentum decreases, so that they leave valuable opportunities.
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Source: https://newsbit.nl/elliott-wave-expert-voorspelt-xrp-koers-van-40/
