A viral XRP analysis done by crypto analyst and XRP enthusiast XRPunkie hints at the possibility of XRP price recreating its 600% rally. Which is a part of a meteoric Wave 3 Elliot structure. The thesis highlights that the altcoin could zoom past its highs to target the $13-$15 range.
This theory has gained the attention of the community, amidst the recent bullish developments. Seems to good to be true? Is this prediction backed by facts, or speculation driven by hopes?
CoinPedia decode the claim.
Also Read : Ripple Price Prediction After XRP ETF Approval
5. Fundamentals Are Strong, But Not Enough Alone
- XRP Ledger just launched its EVM-compatible sidechain, boosting DeFi prospects.
- Ripple secured an RLUSD collateral deal and received SEC approval for Grayscale’s XRP ETF, both bullish milestones.
- The Ripple vs. SEC lawsuit could soon reach a resolution.
- Yet, the price remains modest at $2.26, up just 1.92% in 7 days, indicating skepticism in market reaction.
Summary Table: Claim vs Coinpedia’s Evidence
| Claim Made by Theory | Coinpedia’s Counter-Evidence |
| XRP surged 600% in 73 days before, so it can again | Past performance ≠ future results, depends on the cycle context |
| Wave 3 will drive XRP to $13–$15 | Fibonacci levels are projections, not price guarantees |
| Strong fundamentals will ignite Wave 3 | Fundamentals help, but don’t guarantee price spikes |
| Breakout from consolidation is bullish | Breakouts need volume + momentum to sustain big moves |
| The market is ready for an altcoin wave | BTC dominance is high, altcoin season is not confirmed yet |
Conclusion
The theory that XRP could hit $13–$15 based on Wave 3 projections is plausible but highly speculative. While XRP’s strong fundamentals, recent ETF approval, and sidechain launch support bullish sentiment, technical and macro factors do not yet confirm the conditions needed for a 600% rally.
We would suggest investors to watch for a breakout above $2.50 with rising volume and signs of altcoin dominance before considering this theory for purchases.
