Crypto Bitlord highlights $20 XRP target in long term Elliott Wave analysis

XRP price projection draws renewed interest

The chart applies Elliott Wave theory to map out a long-term path for XRP, which is Ripple‘s native digital asset.

The analysis tracks XRP’s price activity from 2018 onward, classifying movements into impulsive and corrective waves according to Elliott Wave principles. It then builds a larger wave structure atop the most recent price swings, projecting several significant advances interspaced with corrections, with the final move targeting a level near $20.

Although the chart positions the $20 milestone late in its timeline and does not suggest it as an immediate forecast, the size of the projected move has generated considerable discussion. The projected sequence culminates in a final Wave (5) approaching $20, with waves extended into 2027.

Multi-stage chart scenario for XRP

The projected move to $20 depends on XRP first navigating several anticipated stages. The proposed scenario starts after XRP’s most recent decline, which the chart identifies as a completed corrective phase near $1. The forecast anticipates a fresh advance (labeled Wave (1)), followed by a pullback (Wave (2)), then a stronger rise (Wave (3)), another corrective wave, and finally, Wave (5) driving the price toward the $20 region.