XRP has been showing exceptional strength in the crypto market, maintaining a strong uptrend above the $0.50 level.
Analysts predict a major breakout for XRP as it has held above the $1.90 mark for over eight months, with low volatility creating pressure for significant movement.
Forecasts using Elliott Wave theory suggest XRP could surpass $30 by mid-2026 through a strong upward trend composed of five distinct waves.
Experts foresee multiple drivers behind XRP's growth, such as RippleNet's potential reach in cross-border payments, adoption for CBDC bridges, and institutional investments from an XRP Spot ETF approval.