Cryptocurrency analyst Behdark predicted that the price of XRP would reach $28. This prediction follows him Elliot wave theory The analysis, which also showed when the cryptocurrency will reach this double-digit price target.
When the price of XRP reaches double digits
In a TradingView ShareBehdark’s Elliot Wave theory analysis showed that the price of XRP could reach double digits by 2026. The analyst’s accompanying chart showed that the first double-digit target for XRP would be $15, after which the cryptocurrency could eventually rise to $28. Behdark also provided more thoughts on Current price action of XRP Why could this gathering occur?
First, the analyst mentioned that the price of XRP currently appears to be within a moving triangle. In line with this, Bhadrak noted that wave D may complete its movement by catching All time high (ATH) Priced at $3.84. He stated that there may be a price correction for wave E next.
Once the XRP price correction occurs, Behdrak predicts that the next step will be a post-pattern move targeting a level above $15. This is where the $28 price target comes into the picture, as the accompanying analyst chart shows it is a possible target for the cryptocurrency, although it may not happen this market cycle.
The price of XRP rising to $28 means that the cryptocurrency will have value Market value Worth $2.8 trillion. However, Bhadrak suggested that this is still possible. He noted that his focus was on chart analysis and not fundamentals, even though fundamentals are reflected in the chart itself.
Meanwhile, the analyst told market participants that if a clear and defined pattern emerges when the XRP price reaches wave E of the triangle, they could position themselves for a major move to double digits.
Confirmation of this double-digit target
Cryptographic analyzer Dark Defender She also recently shared an analysis of Elliot Wave Theory, which showed that the price of XRP could actually reach double digits. Specifically, the accompanying analyst chart showed that XRP could rise as high as $18 when the wave 5 impulsive move occurs.
Interestingly, unlike the Behdark chart, which showed that a rise to double digits would occur in 2026, the Dark Defender chart showed that Rising to $18 It could happen as early as mid-2025. Meanwhile, the analyst said that the price of XRP is currently in the third wave, and the cryptocurrency is expected to rise to $5 when this next impulsive move occurs.
After that, the price of XRP is expected to see a corrective move that will lead it to fall to a low of $4. The next impulsive move after that could send XRP to the $18 target.
At the time of writing, the price of XRP is trading at around $1.55, up more than 10% over the past 24 hours, according to Data From Coin Market Cap.
Featured image created with Dall.E, chart from Tradingview.com
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