Analyst Predicts XRP Price Wil Target 450% Rally To $7

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst Diana has predicted that the XRP price could rally to $7, representing a 450% gain for the altcoin. She alluded to technical setups that prove that the token could reach this price target this year, which would mark a new all-time high (ATH). XRP Price Eyes 450% Rally To $7 In an X post , Diana stated that the XRP price technical setup targets $7 next based on the Elliot Wave and Fibonacci levels. She noted that right now, the altcoin is sitting at a critical support zone between $1.50 and $1.55 and that this is the level buyers must defend. If this support holds, the analyst predicts that XRP can rise to between $1.88 and $2 with volume, which could lead to the chart opening up fast. Related Reading Analyst Predicts XRP Price Wil Target 450% Rally To $7 Just now Diana also highlighted the short, medium, and long-term outlook for the XRP price even as it looks to surge to the $7 target this year. In the short term, she expects a clean breakout above $2, which could send XRP to between $2.20 and $2.70, a move that the analyst noted will finish the current local wave . Source: Chart from Diana on X For the medium-term outlook, Diana noted that the XRP price structure looks like the start of a larger wave 5 impulse from the 2025 to 2026 lows. Using Fibonacci extensions and channel projections, she stated that the major target lands in the $5 to $8 zone, with $7 lining up perfectly as the next realistic cycle high. The analyst also predicted that the XRP price could reach this target within the next four to eight months if momentum continues. She added that XRP could peak between June and October 2026 in bullish scenarios. XRP Could Soon Begin Wave 4 Move To The Upside In an X post , crypto analyst CasiTrades stated that she expects the Wave 4 relief move to begin soon for the XRP price as the altcoin has held its current support nicely. She noted that the first resistance she is watching is the .382 retrace at $1.78, which also coincides with the prior support breakdown . Related Reading XRP Price Falls Below $1.6: You Won’t Believe What Institutions Are Doing Amid The Crash 2 days ago CasiTrades also noted that the Wave 2 move was very shallow, with the XRP price only retracing to .382, and that in Elliot Wave , shallow Wave 2 moves often lead to deeper Wave 4 retraces. As such, she believes that it is possible that this Wave 4 move could push higher toward $1.93 or even up to the $2.03 macro .5 retracement level. The analyst added that the XRP price needs to reclaim $2.03 and hold it as support. This would invalidate the need for another wave down toward $1.55 or lower, thereby causing Wave 5 to fail. At the time of writing, the XRP price is trading at around $1.58, down in the last 24 hours, according to data from CoinMarketCap. XRP trading at $1.60 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Peakpx, chart from Tradingview.com