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Elliott Wave Expert Says There’s an Extremely High Chance XRP Will Hit $30 This Cycle

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Korean market technician, XForceGlobal, has asserted that XRP still has a very high probability of reaching $30 before the current cycle ends

This projection adds another bold forecast to a growing list of predictions expecting a major XRP breakout in the coming months.

XRP Cycle Target Remains $15 to $30

Community Reactions

For instance, trader Nico argued that a move to $15–$30 would require a scale of expansion not seen in past cycles. He noted that previous XRP cycle tops produced only 3x–5x gains from similar setups and timeframes.

To Nico, a rally up to $30 is closer to a “moonshot scenario” than a typical cycle target from the current phase.

Meanwhile, trader Justin Oleary questioned the timing rather than the possibility. He asked whether the next major impulse would arrive “in 8 months, years, or decades.”

The comment highlights the frustration across the XRP community amid ongoing stagnant prices. This frustration is also highlighted by analysts like EGRAG, who said traders often confuse pre-breakout compression with weakness.

XRP Could “Melt Faces” in 4–6 Weeks

Meanwhile, XForceGlobal’s bullish call aligns with a cluster of recent optimistic projections from other market analysts.

XRP Could Follow Zcash’s 1,775% Surge

Separately, macroeconomist Mikybull recently argued that XRP could mimic Zcash’s extraordinary 18x rally, placing conservative short-term XRP targets at $8–$10.

Adding to the bullish outlook, analyst Matt Hughes revealed that XRP has built its first-ever multi-quarter base above the 3-month Ichimoku Cloud’s key trend lines.

No previous cycle — not 2017, not 2021 — produced this formation. Hughes called it one of the strongest long-term structures XRP has ever displayed. His earlier Fibonacci checkpoints include $4.70–$9.30 and $12.30.

XRP-5.49%
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