XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025

Crypto analyst Egrag Crypto predicts XRP will reach $15 by May 5, 2025. This prediction uses Fibonacci levels and Elliott Wave theory on a weekly XRP chart. The analysis suggests XRP is in Wave 4, a corrective phase before Wave 5, a significant price increase. Wave 5 is projected to be approximately 391% based on the gains of previous waves. This projection aligns with broader positive sentiment surrounding XRP for early 2025. While XRP has recently declined, the long-term outlook remains bullish. The $15 target is based on calculations within Elliott Wave theory. The analyst acknowledges uncertainty about the exact timing of the price surge. Despite current selling pressure and a recent price drop from $2.82, fundamental factors suggest a potential price upswing. Currently, XRP trades around $2.18.