XRP Price Could Soar to $4, Then $8, According to Technical Analyst

A technical analyst named Carolina has mapped out a long-term price trajectory for XRP that could see the token climb to $4 before extending gains toward $8, based on a weekly chart spanning nearly a decade of market history.

The projection, shared on X in early October, frames XRP's recent price action as the start of a new impulse sequence after an extended corrective period.

Carolina's chart, which covers price movements from 2018 through 2026, identifies the $4 level as the first major milestone if the structure unfolds as anticipated.

The analysis relies on Elliott Wave theory, a framework that interprets market cycles as a series of five impulse waves in the direction of the prevailing trend, followed by three corrective waves.