Cryptocurrency analyst Behdark predicted that the price of XRP could reach $28. This prediction is consistent with his Elliot wave theory analysis that also showed when the cryptocurrency would reach this double-digit price target.
When the price of XRP reaches double digits
In TradeView entryBehdark’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 information on this topic Current XRP price action and why this rally was allowed to take place.
First, the analyst mentioned that the XRP price currently looks within a moving triangle. Accordingly, Behdark noted that the D-wave could end its move by hunting for highest level ever (ATH) at a price of $3.84. He mentioned that there may be a price correction later as part of wave E.
Once the XRP price corrects, Behdrak predicts that the next move will be a pattern move with a target of above $15. This is where the $28 price target comes in, as the accompanying analyst chart shows that this is a viable target for the cryptocurrency, although it may not happen this market cycle.
An escalate in XRP prices to $28 would mean that the cryptocurrency would have: market capitalization worth USD 2.8 trillion. However, Behdrak suggested it was still feasible. He noted that he focused on analyzing the charts rather than the fundamentals, even though the fundamentals are reflected in the chart itself.
Meanwhile, the analyst told market participants that if a clear and identifiable pattern emerges as the XRP price reaches the E triangle wave, they can brace for a major move towards double digits.
Confirmation of this double-digit goal
Cryptocurrency analyst Gloomy Defender also recently shared an analysis of the Elliot Wave theory that showed that the price of XRP could indeed reach double digits. In particular, the attached analyst chart showed that XRP could rise as high as $18 when wave 5 impulsive movement occurs.
Interestingly, unlike Behdark’s chart, which indicated that double-digit growth would occur in 2026, Gloomy Defender’s chart showed that escalate to $18 could happen as early as mid-2025. Meanwhile, the analyst said that the XRP price is currently in its third wave, and the cryptocurrency is expected to rise to $5 when the next impulsive move occurs.
Thereafter, the XRP price is expected to experience a corrective move that will cause it to drop to as low as $4. The next impulsive move could propel XRP towards its $18 target.
At the time of writing, XRP is trading at around $1.55, up over 10% in the last 24 hours, according to data from CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com
