The analyst who accurately predicted that the price of XRP would rise from $1.4 to $2.8 has revealed his other predictions.
This analyst previously accurately predicted that XRP could rise above $2.8.
Recently, the price of XRP has skyrocketed, shocking the entire cryptocurrency community, and it continues to rise. Cryptocurrency expert Behdark on TradingView initially thought XRP was worth $1.4, but later predicted it could rise between $2.7 and $4.2.
Behdark stated that since his last analysis, XRP has risen over 105%, reaching a critical position, which also validates his prediction of over $2.7. According to CoinMarketCap, XRP is now worth $2.71, having increased by 12.6% in 24 hours.
Behdark believes that the price of XRP may be forming a "running triangle," which is the consolidation pattern in the Elliott Wave Theory consisting of waves A, B, C, D, and E. He posted a detailed XRP price chart on TradingView, showing that wave D is nearing its end. This indicates that XRP is close to reaching a resistance level, marked in red on the chart.
Behdark mentioned that wave D is about to touch the historical high, which means XRP may soon break through important levels. He predicts that after this major rise, XRP will experience a slight pullback before entering wave E.
Wave E could be the final consolidation phase of the running triangle. Behdark expects that after the triangle forms, the price could surge above $15. Wave E of XRP indicates that strong bullish momentum could push XRP to new highs in a bull market.
XRP could rise to $30: A major surge is imminent.
After accurately predicting that XRP would exceed $2.8, Behdark made another prediction based on his technical analysis that XRP could rise above $30. He also provided three long-term targets for XRP.
Firstly, he expects XRP to reach $30 by 2026. By 2025, XRP will first rise to around $3.1 in a major resistance zone, then break through and stabilize between $5.5 and $6.5.
By 2026, XRP may pull back to the $3.1 resistance zone before soaring to $8-9, $14-17, and $25-30.
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