A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels.
With Wave 2 already complete, the analyst anticipates that Wave 3 could trigger a strong price rally, potentially propelling XRP to $7.4.
In the final wave, XRP could rise to $13.5 and potentially even surge as high as $27.4.
Whales continue accumulating XRP, with recent purchases of 40 million XRP suggesting confidence in the cryptocurrency's bullish outlook.