XRP Poised for Massive Rally: Wave 3 Targets $36 Amid Bullish Technical Patterns
XRP is showing strong signs of a trend reversal, having broken out of a triangle consolidation pattern that concluded its cooling phase. Analysts are drawing comparisons to the 2017 bull market, highlighting an identical bullish flag formation on the monthly chart. The altcoin is currently entering Wave 3 of an Elliott Wave structure, a phase known for significant upward momentum. Fibonacci extension levels indicate key resistance zones, with a potential target of $36. This setup mirrors historical patterns that preceded major price surges, fueling Optimism among investors and traders alike.
XRP Ready to Explode As Wave 3 Predicts Move To $36
XRP has signaled a trend reversal, breaking out of a triangle consolidation pattern that marked the end of its cooling phase. Analysts draw parallels to the 2017 bull market, noting an identical bullish flag formation on the monthly timeframe.
The altcoin's current setup suggests it is entering Wave 3 of an Elliott Wave structure, historically a phase of strong upward momentum. Fibonacci extension levels point to key resistance zones at $13, $18, and $36, with the $1.88 breakout area serving as a critical threshold.
Recent price action mirrors the 2017 pattern where XRP consolidated before a parabolic rise. The monthly candle close above trend resistance confirms the start of a new impulse leg, with technical indicators projecting a potential rally toward $3.66 as an initial target.
XRP Price Prediction: Caution Advised Amid Rally Prospects as Unilabs Gains Traction
Ripple's XRP faces a divided market sentiment despite its 50% monthly surge to $3.20. Analysts warn of a potential 50% correction after any rally toward Zach Rector's bullish $20-$30 targets, with ETF delays compounding uncertainty.
Meanwhile, Unilabs Finance emerges as a competitor, attracting 10,000 holders with AI-driven offerings. Changelly's conservative 2026 forecast of $5.56-$6.54 underscores the tempered outlook for XRP compared to alternative projects gaining momentum.
XRP Price Path to $5.20 Gains Clarity as Cup-and-Handle Pattern Emerges
XRP extended its rally for a third consecutive day, outpacing most altcoins in a broad market rebound. The token's ascent to $3.25 marks a 10% recovery from last month's lows and a 100% surge since April, fueled by a textbook cup-and-handle formation—a technical pattern historically preceding major breakouts.
The setup projects a 60% upside target NEAR $5.20, measured from the pattern's $3.39 neckline. Institutional interest appears to be mounting, with XXRP and UXRP ETFs witnessing notable capital inflows. Daily charts confirm bullish momentum, with XRP holding firmly above both 50-day and 200-day moving averages.
April's $1.6173 low now serves as a foundational support level, while the recent pullback completed the handle portion of the pattern—a classic consolidation before continuation. Market technicians interpret this structure as evidence that bulls remain firmly in control.
XRP Price Eyes Breakout Toward $4.80 as Bullish Momentum Builds
XRP is positioning itself as a standout performer in the crypto market, with technical indicators suggesting an imminent breakout. Holding firmly above the critical $2.47 support level, the token has ignited optimism among investors, targeting a potential surge to $4.80.
A decisive MOVE above $3.60 could trigger a FOMO-driven rally, potentially propelling XRP toward $7.13. The token's resilience is underscored by robust liquidity and renewed demand, making it a focal point in the broader crypto recovery.
Currently trading at $3.25, XRP has posted a 2.31% gain in the past 24 hours, accompanied by a $11.27 billion trading volume and a $193.21 billion market cap. These metrics reflect growing investor confidence and substantial capital inflows.
