XRP Price Eyes $10 Surge as Analysts Predict Fifth Wave Rally

XRP price stands around $2.30, as analysts report that the $1.90-2.00 range is a crucial support. The Wave models forecast a fifth-wave rally of $5.8510 in the next cycle. Technical Fibonacci indicators and institutional adoption support a medium-term bullish outlook for the XRP cryptocurrency.

XRP Price Prediction: $1.90–$2.00 Support Zone

Market analyst Ali Martinez pointed out that the XRP price is magnetized to the support zone of $1.90-$2.00. His chart indicates that repeated tests at this level suggest it is a key level at which buyers re-enter. This trend also indicates a mid-term retracement period within the broader consolidation pattern.

Currently trading near $2.32, XRP has maintained stability above this critical support despite previous volatility. The $1.90–$2.00 is where previous corrections found strong buying interest. Maintaining this support could set the stage for renewed momentum once the market returns to normal volume.

Further analysis revealed that lower highs are creating a downward structure, indicating that the next direction will depend on whether XRP can support itself at the $2.00 level or not. Failure would lead traders to predict possible dips at $1.85, followed by a rebound.

Analysts Predict Ripple Fifth Wave to $10

Analyst Dark provided a chart to show that XRP price has finished the third Elliot Wave on the monthly chart and that the fifth wave is underway. The forecast shows that the target in the next cycle is between $5.85 and $10. The primary support zone, where his analysis shows that the fourth wave bottomed out, is at $2.22.

According to the chart, XRP price correction phase aligns with a 23.6% Fibonacci retracement level near $2.23. This area coincides with the recent price behavior seen across the daily chart, suggesting that buyers are defending the structure. The 70% Fibonacci zone, corresponding to around $3.01, forms the first resistance region before the potential advance toward $5.85 and beyond.

Dark stated that many traders may revise their outlooks to a bullish bias by the end of November, as market structure confirms the initiation of the fifth wave. The setup suggests that XRP could enter a momentum-driven stage if the $2.22 level remains intact.

Institutional Developments Reinforce Long-Term Outlook

The XRP technical forecasts are further complemented by macro analysis. Covering Ripple Swell 2025, he wrote that Ripple announced a $40 billion valuation, a $500 million war chest, and a $2 billion share buyback. The company also launched custody and prime brokerage solutions that targeted financial institutions.

A new stablecoin of Ripple, RLUSD, crossed a $1 billion market cap shortly after launchPartnerships with Gemini, Mastercard, and Securitize now enable settlement of real-world assets on the XRP Ledger (XRPL).  Moreover, conventional finance providers such as Nasdaq, BlackRock, and Fidelity are investing capital into tokenized asset markets using the infrastructure of Ripple.

These advancements are a significant milestone in institutional-grade adoption of XRP. A combination of real-world assets and on-chain financial products aligns with long-term utility growth, which underpins medium-term price projections from analysts. The inflows of liquidity in combination with growth of corporate involvement are even more solid grounds for potential XRP high prices.

Fibonacci Levels Support an $8 Target Scenario

Another analyst, Cantonese Cat, wrote of the significance of the 0.886 Fibonacci level at $2.23. In his analysis, as long as XRP is structured in this way, a shift to $8 is possible. His chart indicates a long Fibonacci projection, the 1.272 mark of approximately $7.80, and the 1.618 mark of $12.60 as higher targets.

The present arrangement is a mid-cycle accumulation zone, like past bull-market formations. Maintaining this range will enable XRP to shift between consolidation and expansion.