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Key Takeaways:
- XRPunkie’s Elliott Wave count suggests XRP is in an aggressive bullish phase, with significant upside potential.
- Key take-profit zones include $4.12, $5.31, $6.16, and beyond—culminating near $13.59.
- While no fixed timeline is given, the chart’s wave structure and momentum indicators point toward sustained bullish action.
Crypto analyst XRPunkie has released a detailed Elliott Wave analysis on the XRP/USDT daily chart, suggesting the token may be in the early stages of a powerful Wave 3 rally. Backed by key Fibonacci extension levels, his technical projection places XRP’s long-term target between $10 and $15—a massive potential upside from its current trading level near $3.05.
Those fib levels above could be some little Take Profits area for the Wave 3? I believe it could over extend to reach $13. Which is my target of $10-$15. We shall see. $XRP pic.twitter.com/EFtiMnwKRl
— XRPunkie (@Shawnmark7899) July 25, 2025
Wave 3 Begins: Fibonacci Levels as Take-Profit Zones
According to XRPunkie, XRP recently completed Waves I through IV, and has now entered Wave 3, a typically aggressive upward phase in Elliott Wave theory. His analysis overlays Fibonacci extension levels from previous price action spanning early 2024 to July 2025 to define potential profit-taking targets.
Among the most critical Fibonacci levels:
- $4.12 (1.272 extension)
- $5.31 (1.618 extension)
- $6.00 and $6.16 (1.786 and 2.272 extensions)
These zones represent early to mid-range take-profit opportunities during Wave 3. Higher targets include $7.55 (2.618) and $9.45 (3.0 extension)—areas where XRP may face strong resistance or peak demand.
$13.59 Target in Sight: Wave V and Extended Bull Scenario
XRPunkie’s forecast doesn’t stop at short-term levels. He identifies the 3.618 Fibonacci extension at $13.59 as a potential climax of the entire bullish cycle—particularly if XRP’s Wave 3 extends beyond typical parameters.
This aligns with his broader price target range of $10 to $15, contingent on continued momentum and bullish market structure. The recent breakout from a multi-month consolidation phase (Feb–June 2025) adds technical support to his thesis.
Momentum indicators back the case:
- The 21-period EMA and 33-period SMA are both trending upward.
- XRP’s ability to stay above $3.00 USDT during pullbacks suggests solid support beneath.
Also Read: XRP Price Analysis: Analysts Predict $30 Target While Dismissing Whale Sale Concerns
Market Timing and Technical Structure Over Dates
Though XRPunkie didn’t specify a timeline, his analysis is rooted in structure rather than date-based predictions. The July 25 TradingView chart he posted shows XRP trading around $3.05, respecting key Fibonacci levels during its upward trajectory.
The analyst emphasized that Wave 3 can behave unpredictably, with potential to overshoot typical extensions. This adds credibility to the ambitious $13.59 high-end forecast while giving traders a framework for risk management.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
