Egrag Crypto Sees XRP Soaring to $17+ in Next Major Wave
Crypto analyst Egrag Crypto has published a three-month macro chart outlining potential targets for XRP's fifth wave. According to his analysis, Wave 1 triggered 225%, while Wave 3 reached roughly 300% to 365%. The move did not follow an exact textbook projection, but variations in individual wave sizes do not invalidate the broader structure.
Egrag Crypto examined XRP on the three-month timeframe and focused on the relationship between the first, third, and anticipated fifth waves. His chart shows XRP moving through a larger Elliott Wave sequence, with Waves 1 through 4 already identified and Wave 5 representing the next major projection. The current price of XRP is around $1.36.
Egrag Crypto calculated the combined performance of Wave 1 and Wave 3 at approximately 589%. He then applied a common Wave 5 measurement based on 61.8% of the combined move, placing the first major target zone between $6.19 and $8.07. This zone is also highlighted as important Fibonacci extension levels.
The chart also points toward a $13-plus cycle expansion zone and an upper macro target above $17. Egrag Crypto stressed that he is not attempting to identify one exact future price for XRP, but rather areas where different macro measurements converge.