Is Ripple’s (XRP) Next Stop a New ATH? Wave 5 Suggests More Upside

XRP trades close to $2.85 as analysts observe Wave 5, a cup and deal with, and 2017-style patterns with targets as much as $8.

Ripple’s XRP is buying and selling above $2.90 as analysts observe technical patterns that might set the stage for the token’s subsequent transfer. Every day buying and selling quantity stands at round $5 billion.

Whereas XRP is barely down over the previous day and week, chart watchers see indicators that the value may push greater if momentum holds.

Elliott Wave Construction Factors Increased

Analyst Darkish Defender shared a weekly chart displaying XRP has accomplished its fourth Elliott Wave and is now transferring into the fifth. Targets are set at $3.33 and $3.66, with assist resting at $2.70 and $2.64.

#XRP within the weekly time-frame closed a weekly candle yesterday.

We had addressed the 4th and fifth White Waves on February thirteenth (Month-to-month Construction).

4th Wave is full.
fifth Wave is in progress.

This wave can nonetheless lengthen into double digits.

I do know all people is bearish.
I… pic.twitter.com/sfPN5Moj54

— Darkish Defender (@DefendDark) September 30, 2025

The evaluation additionally contains Fibonacci projections of $4.17 and $5.85 for longer-term strikes. Darkish Defender famous, “This wave can nonetheless lengthen into double digits,” whereas acknowledging present bearish sentiment and wider market uncertainty. Regardless of that, XRP not too long ago closed a weekly candle above the 50% retracement stage, reinforcing its assist vary.

Cup and Deal with Formation in Play

CryptoBull identified a cup and deal with within the works on the weekly time-frame for XRP. The rounded base was initiated towards the top of 2024, with resistance forming close to $3 someday earlier this yr. The sideways motion from August onward appears to be forming the deal with itself.

The value stays above the 200-day transferring common, which has served as a key assist line. CryptoBull said, “Subsequent cease $8,” if the deal with resolves upward with robust shopping for. The setup requires XRP to interrupt previous the neckline close to $3 to substantiate the bullish construction.

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#XRP cup and deal with sample virtually full. Subsequent cease $8. pic.twitter.com/XfVpKrKSDK

— CryptoBull (@CryptoBull2020) September 30, 2025

Echoes of 2017 Bull Run

One other analyst, CRYPTOWZRD, in contrast XRP’s present motion to its 2017 bull run. At the moment, prolonged consolidation led to a parabolic rally into new highs. The latest sample of boxed consolidations and breakouts resembles that cycle.

XRP is at present near $3.00. The chart highlights $3.65 as the extent to look at. A breakout and weekly shut above that mark may result in $4.50 or greater. “It’s a query of when, not if,” CRYPTOWZRD remarked, referring to the potential for XRP getting into value discovery.

Moreover, Market Prophit reported that total sentiment for XRP is bullish throughout each crowd information and its personal measures. In the meantime, studies noted a scarcity of company purchase orders regardless of rising reserves, displaying that institutional participation should still be restricted.

XRP is at present buying and selling above the assist ranges, and analysts are viewing $3.33, $3.66, and $3.65 as the numerous break factors subsequent in line. Merchants are ready to see if the continuing construction can affirm a sustained upward motion.