After an extended phase of price compression and consolidation, XRP’s long-term technical structure has become a focal point within the crypto market.
A recent analysis by XForceGlobal (@XForceGlobal), a certified Elliott Wave analyst, suggests that XRP may be positioned for a major advance following what he identifies as a confirmed breakout from a multi-year triangle formation.
The chart posted by XForceGlobal outlines a complex series of Elliott Wave structures spanning from 2018 through late 2025, reflecting years of alternating accumulation and corrective phases.
The analyst marked the completion of a large corrective wave sequence and highlighted a key technical event that signaled the end of a prolonged corrective pattern, and pushed the asset up by over 500% between November 2024 and January 2025.
Get ready for $10+ as a conservative wave 3 target.
There are minor market inefficiencies on the local timeframes, but the macro chart shows clear accumulation and a solid price floor after almost a year of distribution. pic.twitter.com/hGq0kL4vz1
— XForceGlobal (@XForceGlobal) October 29, 2025
A Defined Wave Structure Points to Higher Targets
In his post, XForceGlobal stated, “Get ready for $10+ as a conservative wave 3 target.” The projection aligns with classical Elliott Wave theory, which often anticipates that wave three in a five-wave structure exhibits the strongest momentum and steepest price advance.
The chart further identifies earlier impulse and corrective phases labeled from wave (1) to (2), suggesting that the next major movement could constitute wave (3). The projected path on the chart extends to values exceeding $10.
Following the Elliott Wave pattern, the chart shows an extended target zone near $30. This illustrates what the analyst called a possible continuation of XRP’s macro bullish cycle.
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XForceGlobal also referenced “market inefficiency of shorter timeframe C wave vs a larger efficient ABC flat,” cautioning that smaller corrective adjustments may still occur within the broader uptrend. He advised focusing on longer timeframes, signaling that temporary fluctuations in local charts may not invalidate the larger bullish formation.
Macro Chart Shows Established Support Base
The analyst emphasized that the broader technical picture reflects what he described as “clear accumulation and a solid price floor after almost a year of distribution.” This observation corresponds with the price behavior seen between mid-2023 and late 2024 on the chart, where XRP appeared to stabilize after successive declines.
According to the wave mapping, that extended accumulation phase appears to have provided the foundation for renewed momentum. The confirmed breakout from the descending trendline and the alignment of impulse counts imply that sentiment may be shifting toward sustained growth in the short and long term.
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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