Analysts Forecast XRP to Surge Past $10, Backed by Elliott Wave Pattern and Rising ETF Inflows

Jakarta, Pintu News – The price of XRP (XRP) has been flat in recent days as the bullish rally that took place earlier starts to slow down. On October 29, Ripple was trading at $2.6290, up about 50% from its low this month.

However, a crypto analyst predicted that the token will experience a huge spike to reach $10, referring to the Elliot Wave pattern and the ongoing inflow of funds into ETFs.

Analysts Predict XRP Price Could Break $10 Based on Elliot Wave Patterns

XForceGlobal, a popular crypto analyst on the X platform (formerly Twitter), predicts that in the long term, the price of XRP could surge to hit the important resistance level of $10. Currently, the XRP token is trading at $2.68, which means it would need to increase by about 285% to reach that target.

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While this increase sounds huge, Ripple’s price has experienced similar spikes in the past. For example, the price of XRP rose by more than 550% between November 5 last year and January 7 this year. Even more recently, the price of Zcash (ZEC), which was previously in a consolidation phase, managed to jump over 642% in less than three weeks.

If XRP does reach a price of $10, its market capitalization will exceed $520 billion – far surpassing Ethereum’s valuation which is currently above $483 billion.

The analyst’s prediction is based on the Elliot Wave pattern, one of the most popular technical analysis approaches that identifies price movements in multiple waves over time. He mentions that XRP is currently in the second phase of an impulsive wave, which is usually a corrective phase.

As such, he predicts that as XRP enters the third phase of the Elliot Wave pattern, the price will head towards the next resistance at $10. However, he also cautioned that the journey to that mark will not be linear as short-term volatility will still occur.

XRP ETF Growth and New ETF Approval

The main factor driving XRP’s current price rise comes from recent developments in the United States, where the Securities and Exchange Commission (SEC) began approving altcoin ETFs despite the government shutdown.

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On Tuesday, the SEC approved spot ETFs for Hedera (HBAR), Solana (SOL), and Litecoin (LTC), and two of them have already started trading. As such, analysts expect the SEC to also soon approve XRP ETF filings from major firms such as Franklin Templeton and Invesco.

These ETFs have the potential to attract huge interest from American investors due to the high popularity of the XRP token in the country. A case in point is the recently launched XRP REX-Osprey ETF which raised over $115 million in assets in just one month.

In addition, the CME XRP Futures product has also become one of the most popular in recent months, with its notional value reaching over $26 billion in just the first five months. Therefore, increased inflows into XRP ETFs and futures products could potentially provide a significant boost to the price of this token.

Another potential catalyst for XRP is the launch of Ripple Prime, which was formed following the company’s acquisition of Hidden Road. This move is believed to drive more activity in the RLUSD stablecoin ecosystem and the XRP Ledger network.

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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:

• Coingape. Expert Predicts XRP Price to Hit $10 as Elliot Wave, XRPR ETF Inflows Align. Accessed on October 30, 2025