XRP Price Action – Is Ripple About to Rally？

• Elliott Wave analysis suggests XRP could surge to $50 in a major breakout.
• XRP currently sits in a corrective phase, with a short-term target of $3.50.
• Political support and potential ETF approval could drive massive gains in 2025.

A major move might be ahead for Ripple‘s XRP. A well-known Elliott Wave analyst, X Force Global, predicts a massive breakout. Charts suggest strong bullish momentum, signaling a potential surge. Late last year, XRP delivered a sixfold return, but that rally might have been just the beginning. Could this digital asset climb even higher？ Let’s break it down.

Elliott Wave Theory Signals a Massive XRP Breakout

Elliott Wave Theory helps traders spot trends by tracking wave patterns. Analysts believe XRP has entered the fifth impulsive wave. This phase typically brings strong buying pressure, pushing prices higher. The analyst predicts a long-term target of $50, which would create a market valuation of $2.6 trillion. That number surpasses Bitcoins all-time high. For this to happen, Ripple must replace the SWIFT network for global payments.

This shift remains uncertain, but institutional interest continues growing. On a smaller scale, charts show a corrective phase with three waves—A, B, and C. XRP recently entered the ‘A’ wave, causing a short-term pullback. If the pattern holds, the next move could push prices toward $3.50. A minor dip might follow before a surge to $20. Eventually, the final impulsive wave could complete the rally at $50.

Key Factors That Could Drive XRP Higher

The crypto market doesnt move in a straight line. Several outside forces influence price action. Economic conditions, political changes, and investor sentiment all play a role. Despite uncertainty, multiple bullish factors support further gains.

Donald Trump shares a strong connection with Ripple CEO Brad Garlinghouse. Many believe this relationship could lead to favorable regulations. The pro-crypto SEC might also approve a spot XRP ETF, attracting institutional investment.

If these catalysts align, XRP could become one of the best assets for massive gains in 2025. Bulls remain in control, and momentum keeps building. A major breakout may be just around the corner.