I just looked at the 2-week chart of XRP again and saw something quite interesting. The current price is around $1.42, down about 35% over the past year, but the long-term target remains quite optimistic if you look at the Elliott wave structure from 2022 onward.

Experts are tracking a complex wave network since the $0.28 bottom in 2022. Since then, XRP recovered to $0.94 in 2023 (marking Wave 1), then corrected down to $0.38 in 2024 (Wave 2). From there, it surged to $3.6 in July 2025 (Wave 3), but is now correcting from that peak. The issue is we still don't know whether the current decline is Wave 4 or part of a larger Elliott wave structure.

But anyway, the macro target remains at around $15-20. If this is a normal Wave 4, then Wave 5 will push XRP into that range. But if this is actually a deeper correction of Wave 2 within a larger Elliott wave structure, the potential could be much higher, possibly up to $29.

Fibonacci extension levels also support this, with the 1.618 level at $12.2 and the 2.0 level at $29.37. The $17-23 zone is also close to the initial expectations. Of course, this is just technical analysis, but it shows XRP still has plenty of room to run if this wave structure continues as expected.