XRP’s Bullish Surge: Analyst Predicts $10 Breakout Amid Wave Theory Confirmation

Elliott Wave specialist XForceGlobal has identified a bullish setup for XRP, forecasting a potential rally to $10. The cryptocurrency has already surged 40% from recent lows, signaling the possible start of a macro uptrend.

XRP Poised for Historic Breakout as Analyst Predicts $10 Surge

Korean Elliott Wave specialist XForceGlobal has identified a bullish setup for XRP, forecasting a potential rally to $10. The asset has already surged 40% from recent lows despite a temporary pullback—a pattern consistent with wave theory’s WXY correction phase.

Technical analysis suggests XRP’s corrective period has concluded, paving the way for continuation of its macro uptrend. The analyst emphasizes that current price action on shorter timeframes reveals telltale signs of accumulation before the next leg up.

Brazil Launches World’s First Spot XRP ETF, XRPH11

Brazil has made history with the launch of the world’s first spot XRP ETF, XRPH11. The fund, managed by Hashdex, began trading on Brazil’s B3 stock exchange, marking a significant milestone in crypto adoption. This development underscores Brazil’s progressive stance on digital assets, contrasting sharply with the U.S., where regulatory challenges persist.

XRPH11 is structured to track XRP’s performance, allocating at least 95% of its assets to direct or indirect XRP exposure. The ETF combines spot holdings, futures, and other crypto instruments, offering investors a diversified gateway to the digital asset. While initial trading volumes remain undisclosed, the fund’s listing on B3 signals strong institutional interest.

Hashdex now boasts nine crypto ETFs on B3, cementing its position as a leader in Latin America’s burgeoning crypto market. The rapid approval of XRPH11 highlights Brazil’s willingness to embrace innovation, setting a precedent for other jurisdictions.

XRP Price Prediction: Is a Surge to $33–$100 Realistic? Here’s the Truth

Sistine Research’s bullish XRP price forecast of $33–$100, based on a cup-and-handle pattern, has ignited debate. While the technical setup suggests explosive upside potential, market veterans emphasize fundamental catalysts must align for such gains to materialize.

The analysis hinges on historical precedent—cup-and-handle patterns often precede major breakouts. Yet skeptics counter that macroeconomic conditions, regulatory clarity, and adoption metrics remain critical variables unaccounted for in pure chart analysis.

Nasdaq-Listed Firm Digital Commodity Capital Adds XRP to Treasury

Digital Commodity Capital, a Nasdaq-listed firm, has disclosed holdings of 103,000 XRP in its corporate treasury—a $225,570 position at current prices. The move signals growing institutional confidence in XRP as regulatory clarity improves.

The allocation, though modest, marks a strategic endorsement of XRP’s post-litigation trajectory. Public company treasuries rarely hold cryptocurrencies, making this a notable departure from conventional asset management practices.