XRP Nears Historic $10 Breakout—Korean Analyst Spots Elliott Wave Setup

XRP bulls are circling as a prominent Korean Elliott Wave analyst flags a potential moonshot to $10. The remittance token’s chart shows textbook wave patterns—just as Wall Street traders dismiss it as ’that crypto banks pretend to use.’

Key levels to watch: A clean break above $0.75 could trigger FOMO buying, while resistance at $1.20 remains the real litmus test. Skeptics point to Ripple’s ongoing SEC lawsuit, but the charts don’t lie—until they do.

One thing’s certain: if this plays out, the ’I told you so’ from XRP army will be louder than a Bitcoin maximalist at a vegan buffet.

XRP chart by XForceGlobal XRP Positioning for Wave 3 of a Larger Bull Market XForceGlobal believes XRP is now in wave 2 of a larger fifth wave, meaning the next major move could be a powerful wave 3. This setup could drive XRP prices significantly higher in the coming months if validated. His projected targets range from $10 to $20 or even $40, depending on the strength and extension of waves 3 and 5 in the macro structure.  To put it in perspective, his minimum target of $10, which he has consistently maintained, would represent a 350% gain from current levels. The higher target of $40 would equate to an astonishing 1,726% surge. Korean Markets Syncing with the XRP/USD Chart Another major point in XForceGlobal’s analysis is the behavior of the Korean spot markets, which he refers to as the “main driver” of XRP price action. Historically, Korean exchanges have often been the first to identify major tops and bottoms, and they are now signaling that a bottom may be in. Interestingly, he pointed to the synchronization between XRP’s Korean won (KRW) chart and its USD chart as particularly significant. “We’re seeing the same structure on both charts. That adds conviction that wave 2 may be complete,” he explained. Smart Money Positioning, DCA Strategies XForceGlobal also believes that smart money is already positioning itself in XRP and that retail interest is returning. In contrast to Ethereum and Solana, which he believes have seen fading enthusiasm, XRP’s community and fundamentals remain strong. He noted that XRP’s investor base and sentiment have held up better than most of its peers. Meanwhile, he observed that many investors are still on the sidelines. The analyst predicted that XRP will likely finish this cycle with a vertical, parabolic move to the upside, sparking a new wave of FOMO. While the possibility of another downside move exists, he suggested that dollar-cost averaging may be more effective than chasing momentum during this phase.