Ripple’s Next Rally: Analysts Predict $7-$10 Price Target

Analysts predict a significant surge for Ripple’s XRP price, potentially reaching between $7 and $10 in the coming months. Crypto analyst Mr. Xoom, using Elliott Wave Theory to forecast market movements, highlights a potential upward trend driven by expanding DeFi applications and growing institutional interest. Mr. Xoom’s analysis suggests that XRP has surpassed the third wave of its current bullish cycle, which historically has been characterized as one of the strongest rallies in price action.