XRP Price Prediction: Here’s Why Ripple Could Be Headed Toward $4 Soon

Jakarta, Pintu News – The price movement of XRP (XRP) has recently shown a fairly volatile up and down pattern. Analysts continue to monitor important levels to see the direction of the next movement.

Although the market did experience some corrections, the long-term picture still holds hope for XRP supporters.

Key Resistance Still Holding XRP Back

According to Coinpedia (5/21), recently, XRP tried to break through the strong resistance zone in the range of $2.55 to $2.62. However, as before, the price was again rejected in this area.

This zone has long been a barrier to XRP’s movement, as it has been for many other altcoins.

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After the rejection, the price had a slight correction, but still stayed above the important support level.

Long-term Trend Still Bullish

Despite the small dip, XRP’s main trend continues to show an upward movement. On the daily chart, XRP continues to print higher highs and higher lows – a hallmark of an uptrend.

As of May 21, the price is testing the support zone between $2.30 to $2.34, which was previously an area of resistance. As long as XRP stays above this level, the bullish momentum is expected to continue.

However, if the price drops below $2.30, the next important support is in the range of $2.10 to $2.15. A drop below this area could trigger a deeper correction in the short term.

Short-term Price Movements: Calm Before the Big Move

XRP is still under the influence of the recent bearish divergence, which caused a small drop followed by a sideways price movement. At the moment, it doesn’t look like XRP will make any major moves in the near future.

Bitcoin (BTC) – which often sets the tone for the crypto market – is still showing strength. When Bitcoin stabilizes, altcoins like XRP usually tend to move quietly before following the next trend.

Many market observers believe that if Bitcoin continues its uptrend, XRP will likely begin to recover in the coming days.

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Elliott Wave Analysis: There’s One More Upward Wave

Based on recent analysis using Elliott Wave theory – a popular tool for predicting market cycles – XRP is likely still in its fifth and final wave to the upside. This wave is thought to have started when XRP bottomed out in July last year.

If this pattern continues, XRP could target new highs in the long term, with targets in the range of $4.20, $5.00, or even $5.65 before a major market correction occurs.

As of May 21, XRP is still in a tight price range. Major resistance is slightly above $3.30, while strong support is at $1.21. As long as the price remains above $1.21, the bullish outlook still prevails.

However, if the price falls below this level, the technical structure could be weakened and the forecast should be re-evaluated.

For the short term, XRP is said to have completed a five-wave pattern, and as per Elliott Wave rules, the next three-wave correction is likely to appear.

The expected support zone for this correction is between $2.60 to $1.79. As long as the price stays above $1.79, the bullish trend is expected to remain safe.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. XRP Price Prediction: Ripple Could Soar to $4 if This Pattern Continues. Accessed on May 22, 2025