After a sustained downtrend, XRP price may be ready to break out, as per a crypto analyst's Elliot Wave analysis.
XRP experienced a 600% rally in 2024, and XRPunkie suggests a similar rally is imminent as the third wave is in motion.
The analyst predicts XRP could surge beyond $15, aiming for new all-time highs.
However, XRP's current trading volume is lower than during the November surge, indicating a need for significant volume increase for a successful rally.