I just revisited the XRP chart and noticed something quite interesting. Although the market is challenging, XRP's long-term target remains intact at $15-20 USD.

Currently, XRP is trading around $1.44, down about 35% over the past year. Selling pressure still exists, but looking at the Elliott wave structure from 2022 onward, this correction could just be part of a larger upward trend.

According to analysis from experts, XRP bottomed at $0.28 in June 2022. From there, it recovered to $0.94 in July 2023 (thanks to the SEC ruling at that time), then corrected down to $0.38 before bouncing to $3.4 in early 2025. The Elliott Wave structure suggests this could be wave 3, and we are currently in wave 4 — a correction phase.

The interesting part is that it’s still unclear whether the current downtrend is wave 4 or a larger wave 2 within a broader structure. Either way, the macro target remains unchanged.

Looking at Fibonacci levels, if this is wave 4, then wave 5 will ultimately push XRP into the $15-20 USD range. But if this is truly wave 2 of a larger cycle, then the next wave 3 could be much stronger, heading toward $29.37 according to the 2.0 extension levels.

There is a target box from $17-$23 with a 0.236 correction level around $17.69, quite close to the expected $15-$20. The key point is that this Elliott Wave pattern is still unfolding, and regardless of the exact structure, the price still has the potential to reach these targets in the future.

Of course, the market still has many variables, but for investors waiting for an opportunity with XRP, these targets are still worth monitoring.