Cryptocurrency analyst Mr. Xoom has shared an updated market outlook indicating that XRP may have entered the fifth and final stage of its current Elliott Wave cycle. According to his assessment, the asset has moved beyond Wave 3, contrary to some traders’ views, and is now progressing through Wave 5, a phase that often signals the conclusion of a bullish market sequence. Review of Previous Waves In Mr. Xoom’s analysis, Wave 3 served as the primary breakout phase for XRP in this cycle. Prices advanced sharply from around $0.50 in early November to approximately $3.39 by late January, reflecting a gain of about 575%. Historically, within Elliott Wave Theory, Wave 3 is recognized as the most extended and forceful upward move, a characteristic that he believes was demonstrated in this period. Following this surge, the market transitioned into Wave 4, a corrective phase marked by price consolidation. During this stage, XRP retreated from above $3, fell under the $2 threshold, and reached a low of $1.60 in April. This correction, according to the analysis, allowed the market to stabilize before preparing for the next upward movement. I’ve seen a few people on X talk about how XRP is on wave 3, that’s simply not true. Wave 3 was when XRP went from $0.50- $3.39 (+575%) XRP is currently on its last leg up (wave 5). Wave 3 is typically stronger and longer than wave 5. Targets for wave 5? $7-$10 (320% – 500%) pic.twitter.com/ChwK2GJs7f — xoom (@Mr_Xoom) July 25, 2025 Emergence of Wave 5 From the April low of $1.60, XRP began a strong recovery, which Mr. Xoom interprets as the beginning of Wave 5. This rebound has pushed the asset to notable highs, with the price reaching $3.66 in mid-July, a level not seen in nearly eight years. The July peak represented an increase of approximately 129% from the April bottom. Although the price has since eased to $3.21 , the analyst maintains that the broader upward structure remains intact. Price Targets for the Final Leg Based on his projections, Mr. Xoom anticipates that Wave 5 could lift XRP to a range between $7 and $10. At current pricing, this would represent an upside potential of roughly 120% to 215%. He also notes that while the final phase may not replicate the magnitude of Wave 3’s advance, it could still deliver a significant market peak for this cycle. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A price of $7 would place XRP’s market capitalization near $415 billion, comparable to the current valuations of some major publicly traded companies. A $10 valuation would push the market cap to roughly $600 billion, on par with global payment giants such as Visa. Other Elliott Wave-Based Predictions Several analysts have presented similar forecasts. In April, South Korea’s first certified Elliott Wave analyst, XForceGlobal, suggested XRP could be positioned for a breakout to $10 or higher, citing a completed WXY corrective structure. In June, analyst EGRAG used a combination of Elliott Wave analysis and Fibonacci extension levels to identify a Wave 5 target between $9 and $10, with an extended target of $27 if bullish momentum continues over a prolonged period. The convergence of these independent projections indicates that multiple market observers view XRP’s current position as a potential final rally stage within the Elliott Wave framework, with substantial upside still possible before the cycle concludes. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Forecast XRP Price for Wave 5 appeared first on Times Tabloid .