XRP Final Wave Higher Has Started: Analyst Sets $15 Target and Timeline

Crypto analyst STEPH IS CRYPTO has shared a technical projection for XRP, indicating that it’s entering the final phase of a five-wave Elliott Wave structure.

The pattern displayed adheres to a classic Elliott Wave format, with Wave 1 initiating the impulse move, Wave 2 acting as a corrective leg, and Wave 3 extending significantly higher.

The most recent price action suggests that XRP completed the consolidation phase, Wave 4, and has now entered what the analyst suggests is the fifth and final impulse wave to the upside.

Duration and XRP Price Project

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The annotated chart illustrates the five-wave formation before mid-2024, progressing into mid-to-late 2025. The timeline shows 57 weekly candles, representing nearly 13 months. According to the chart, XRP has already completed the initial four waves within this cycle and has now begun Wave 5, projecting a sharp upward move.

The price scale on the chart suggests that the terminal point for Wave 5 could reach levels in the range of approximately $15 to $23. This forecast would represent a substantial increase from XRP’s current price level, which is about $3.80 as marked on the chart. The vertical axis of the chart includes multiple price reference points, ranging from $0.13 up to $55, further indicating the high-magnitude projection in this fifth wave.

Current Price Position Relative to the Structure

Based on the chart, Wave 4 appears to have bottomed at a level slightly above $1.70 before the recent move upward, which the analyst has labeled as the beginning of Wave 5. The green weekly candlestick following this bottom suggests renewed bullish momentum.

The visual representation shows that the fourth wave formed a clear corrective pattern, which aligns with typical Elliott Wave principles where Wave 4 tends to be a consolidation or retracement before a final upward move.

The price now sits just above the $3.50–$4.00 range, already breaking above previous consolidation resistance levels seen during the Wave 4 structure. This movement reinforces the analyst’s suggestion that a bullish continuation has begun.

Context Within Market Sentiment

Although the tweet does not include broader commentary on fundamental catalysts or macroeconomic conditions influencing the asset, the technical analysis suggests a structured bullish outlook. The chart does not point to external variables such as regulatory developments, liquidity inflows, or partnership news, but remains focused strictly on chart behavior.

The statement accompanying the chart, “The final wave higher for #XRP has started!”, positions the current market phase as a potentially pivotal move. The technical pattern implies a possible culmination of a long-term trend, with XRP now entering what the analyst believes is the concluding and most expansive bullish leg.

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