XRP Analyst Sees New Trend Emerging as Price Surpasses Expectations

An analyst who previously predicted XRP would hit $0.87 has revised their expectation, suggesting the asset may have already bottomed out and is now on a new trend.

This comes after BTC surged past $82,000-$84,000, with the analyst declaring that once this level was breached, a bull market would be confirmed.

XRP's price action has also deviated from expectations, leading the analyst to wonder what its new bull targets might be if it is indeed in a new trend.

The expert forecasts XRP could reach $1.78 as part of the first five waves up, followed by a larger correction targeting $2.57, and ultimately reaching $2.90, which would complete Wave 1 of the macro Wave 3.