XRP Price Outlook: Technical Analysis Predicts Potential Breakout to $5

Technical analyst Charting Guy recently outlined a projection for XRP’s price trajectory, suggesting it could reach $5 within the coming months. His analysis points towards an extended fourth wave within its Elliott Wave cycle, mirroring historical patterns seen in previous waves two and three. This suggests continued choppy price action before a potential breakout. The timing aligns with Bitcoin’s 852-day cycle and the symmetrical triangle forming around XRP, adding to bullish anticipation for an upward move.