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XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

A top Korean Elliott Wave expert has forecasted that XRP may move between $10 and $40 over the next few months, which reflects possible gains of as much as 1,726% from current market levels. XForceGlobal, Korea’s first ever certified Elliott Wave analyst, is of the view that the cryptocurrency has entered the completion phase of its correction cycle and now stands ready to go into a big bull run. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Technical Pattern Signals End Of Downward Trend XRP has completed what technical analysts term a “WXY corrective pattern” as per XForceGlobal. The technical pattern has often indicated that a period of a pullback is concluding. The analyst said Wave W was the initial response of the market to profit-taking once XRP had risen six times in price. Wave X momentarily picked up the upward trend with minimal momentum before Wave Y concluded the correction with another orderly downward trajectory. The cryptocurrency fell approximately 50% from its January 2025 peak of $3.33 to a low of $1.638. However, it has since rebounded by 34% to trade at $2.20 at the time of reporting. $XRP We’ve been calling for this exact pullback for months. We are inching that much closer to a historic breakout to $10+. Progress may be gradual, but it’s undeniable. https://t.co/QxWbJRPhMq pic.twitter.com/9lbnZjaTHz — XForceGlobal (@XForceGlobal) April 24, 2025 Price Targets Range From $10 To $40 XForceGlobal’s analysis puts XRP in wave 2 of a bigger fifth wave, indicating the next big move would be a strong wave 3. The analyst has had a minimum target of $10, which would be a 350% rise from current levels. His upper target of $40 would be an unprecedented 1,726% rise. The prediction relies on Elliott Wave Theory, which tries to foresee market movements through patterns of investor sentiment expressing themselves in price waves. The predictions rely on the strength and expansion of waves 3 and 5 within the overall structure of the market. Korean Markets Act As Leading Indicators XForceGlobal pointed out that Korean cryptocurrency exchanges play a vital role in the prediction of XRP price fluctuations. In the opinion of the analyst, Korean markets have in the past led in the recognition of significant XRP tops and bottoms. The similarity between XRP’s Korean won (KRW) chart and its US dollar chart was highlighted as especially significant. “We’re seeing the same structure on both charts. That adds conviction that wave 2 may be complete,” the analyst said. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Investment Strategy Recommendations Although the recent 40% advance from lows is the current state, XForceGlobal described recent short-term decline as typical market action. The analyst indicated that “smart money” is already accumulating in XRP as retail interest starts coming back. XForceGlobal compared the strength of XRP’s community against the reported dwindling enthusiasm for Ethereum and Solana. The last stage of this cycle might involve a vertical, parabolic price action, perhaps initiating a new wave of FOMO among investors. Featured image from CoinFlip, chart from TradingView BitcoinSistemi

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Bitcoin (BTC) Blasts Toward $95K: Is $103K Next?

According to data from most exchanges, Bitcoin surged past $95,000 on Friday and early Sunday after a volatile ride in the past several weeks. Up more than 11% over the last seven days and with a market cap hovering just under $1.88 trillion, BTC has social media ablaze with shouts of $100K+ price predictions, even as some seasoned voices warn retail traders to tread carefully. $103K on the Cards Analyst Titan of Crypto ignited the bullish case, claiming a “bull flag” breakout is underway, and predicting a short-term move to $103,000 in a post on X. The asset’s recent price movement coincided with substantial accumulation by large investors. According to Santiment, wallets holding between 10 and 10,000 BTC have been aggressively adding to their positions, with Bitcoin advocate Kyle Chassé calling it “THE STRONGEST SIGNAL IN THE GAME!!!” Santiment also revealed that market sentiment has reached its most greed-dominated level since November 2024, when the flagship cryptocurrency last peaked before correcting 13%. The analytics platform suggested whales were ready to mop up any BTC offloaded by profit-seeking retail traders in this period, potentially giving the asset a leg up past $100,000: “If they sell here because they think we are seeing a top, whales would likely scoop up those coins and potentially push Bitcoin above $100K in the next 1-2 weeks.” Some prominent market watchers have also highlighted key technical developments, including Daan Crypto Trades, who observed Bitcoin’s resilience at key Fibonacci levels. “$BTC Strong bounce and continuation from the .382 Fibonacci Retracement level,” he stated, expressing his fondness for “higher timeframe trends.” Bull Cycle Incoming? Adding to the narrative, Michaël van de Poppe suggested the market might be entering a major bull cycle. He cited a chart by TechDev_52 showing that BTC has been in its longest bear run, lasting four years, and implied a reverse cycle was imminent. “We’re about to start the biggest bull cycle ever,” the crypto investor wrote. However, the Santiment team offered a more cautious perspective, noting that excessive crowd greed might lead to a local top formation, while more measured behavior could allow BTC to maintain its divergence from traditional markets like the S&P 500. With its dominance holding at 61.2% and institutional interest remaining strong, the cryptocurrency’s next move could set the tone for the rest of the digital asset market in the next week. The post Bitcoin (BTC) Blasts Toward $95K: Is $103K Next? appeared first on CryptoPotato . BitcoinSistemi