XRP To $13 in 40 Days? Analyst Predicts Explosive | XRP News
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XRP has spent the higher half of the final seven years digging itself out of the crater left by the 2018 peak, but technician Tony “The Bull” Severino, CMT, now sees the likelihood of a violent climax that may rival—even mirror—the final euphoric leg of the 2017 cycle. Posting to X, the analyst requested followers to ponder “the final move in XRP — projected as high as ~$13 — happened within 40 days” and equipped the weekly‑scale TradingView chart.
$13 XRP Only 40 Days Away?
The research is an Elliott Wave construction that labels the 2017 blow‑off high because the terminus of Primary wave ③ and the next, almost seven‑12 months trading vary as a textbook fourth‑wave contracting triangle. Price motion from 2018 by way of late‑2024 traces the acquainted A–B–C–D–E sequence, with every swing bounded by ever‑converging black trend‑strains that compress towards a late‑2024 apex.
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Severino’s annotation calls explicit consideration to symmetry: the space between the 2017 high and the 2018 low measures $2.55, or 1,903.50 % from the sub wave‑4 pivot, and it unfolded in six weekly candles (42 days) on quantity of 2.7 billion XRP.
With the triangle now resolved to the upside, the analyst counts the initial thrust as wave (1) of the terminal Primary ⑤ and flags a minor pennant developing as wave (4) of the impulse’s lesser degree.
A pink vertical projection equal to the 2017 proportion ascent—+1,903.39 %—is transposed from the post‑triangle base at roughly $0.64 (implicit in the $12 peak of the arrow) and terminates at $12.73496, a stage Severino marks in crimson throughout the correct axis. The time analogue stays putting: a dashed line, 42 days to the correct of the current bar, brackets what can be week six of the possible surge, accompanied by a placeholder quantity word of 113.7 million XRP.
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Should the fractal relationship maintain—because the inset schematic of a “4th Wave Triangle” and “Regular Triangle Breakout Projection” implies—XRP must speed up by roughly 250 % every week for the following six weeks to fulfill the vertical and temporal targets concurrently, a tempo equivalent to the parabolic advance that culminated in January 2018.
Severino’s comply with‑up remark hints that any such spectacle wouldn’t obviate a subsequent bear cycle; as an alternative, it might full the 5‑wave motive construction and usher in the bigger‑degree correction that per Elliott doctrine follows each full impulse.
For adherents, the sensible query will not be philosophical admiration of chart symmetry however whether or not their positioning and risk framework can stand up to the volatility inherent in a transfer that, if realised, would add almost $9 per coin in little more than a month.
At press time, XRP traded at $3.49
Featured image created with DALL.E, chart from TradingView.com
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