Crypto investor RWA_Investor has shared a new technical outlook for XRP, arguing that the asset could rise toward $12 and $14 as part of a larger Elliott Wave formation.
In the post on X, the analyst stated, “The way to 12-14$ (I guess in August) XRP. Only a few will make it. a bumpy ride in the short term.”
The tweet included two charts to explain the projected path for XRP. The first image displayed a detailed XRP/USD chart with several wave counts, Fibonacci retracement levels, and projected upward targets. The second image explained the broader Elliott Wave Theory structure, highlighting the difference between impulse waves and corrective waves.
According to the chart shared by RWA_Investor, XRP currently appears to be completing a corrective phase before entering what the analyst believes could become a strong upward move. The projection suggests that XRP may first experience short-term volatility before starting a larger breakout.
The way to 12-14$(I guess in August) #XRP
Only a few will make it.
a bumpy ride in the short term https://t.co/3EkAHRveVO pic.twitter.com/Q031MvPKyg— RWA_Investor (@RWA_Investor) May 24, 2026
Elliott Wave Theory Forms the Basis of the Projection
The technical setup in the tweet relies heavily on Elliott Wave Theory, a framework that traders use to identify repeating market cycles driven by investor psychology. The theory typically divides price action into five-wave impulse structures followed by three-wave corrective movements.
In the chart attached to the tweet, the impulse wave section showed a five-step upward structure labeled one through five. A-B-C decline then followed the corrective phase. RWA_Investor appeared to apply this framework directly to XRP’s current market structure.
The XRP chart itself identified several wave labels and retracement levels, including Fibonacci targets extending above the current market price. The projection showed XRP moving through a recovery phase before accelerating toward higher levels associated with wave three. The chart specifically highlighted targets near $7, $9, and eventually the $12 and $14 range.
Short-Term Volatility Remains Part of the Outlook
Although the analyst maintained a bullish long-term outlook, the tweet also warned traders of short-term instability. The phrase “a bumpy ride in the short term” suggests that the projected move may not happen at once.
The chart reflected this possibility by outlining a temporary pullback before the next upward continuation. Several retracement zones were marked around the lower price range, indicating areas where XRP could consolidate before any larger breakout attempt.
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RWA_Investor also suggested that timing may play an important role in the setup. The analyst estimated that the projected move toward $12 to $14 could happen around August if the wave structure continues to develop as expected.
XRP Traders Continue Monitoring Technical Setups
The post arrives as XRP traders continue to focus on technical analysis models to anticipate the asset’s next major move. Elliott Wave structures remain widely used among crypto analysts because they attempt to map both bullish expansions and corrective periods within volatile markets.
While the projection remains speculative, RWA_Investor’s chart presents a clear technical roadmap based on wave sequencing and Fibonacci extensions. The analysis ultimately argues that XRP may still be in the middle stages of a broader bullish cycle despite current market uncertainty.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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