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Analyst Says This XRP Chart Caught My Eye. Here’s why

Crypto analyst Carolina shared a long-term Elliott Wave chart suggesting XRP could climb toward $4 and potentially reach $8, though she emphasized that the projection is a prediction rather than a guarantee.

Analyst Says This XRP Chart Caught My Eye. Here’s why

XRP has the potential to climb toward $4 and possibly reach $8, provided the long-term Elliott Wave framework detailed in a recent chart by Carolina plays out as forecasted.

In her tweet, the crypto enthusiast offered the chart as a technical projection rather than a certainty, though her breakdown highlights several key price milestones that might define XRP’s upcoming major market cycle.

Covering price action spanning from 2018 to 2026 on a weekly XRP/USD chart, Carolina noted that the visual drew her attention due to the extended Elliott Wave pattern visible throughout XRP’s history.

Her outlook suggests XRP is poised for an upward trajectory following the completion of multiple corrective phases, with the chart outlining preceding waves A, B, and C prior to transitioning into a numbered wave framework.

Carolina Identifies $4 as the First Target

According to Carolina, $4 represents the initial major milestone XRP could achieve if the anticipated structure continues to unfold.

The visual maps XRP climbing from its current zone to roughly $4 during a forecasted Wave 1 movement, followed by a retracement to a lower price point prior to a subsequent rally during Wave 3.

Additionally, Carolina pointed to $8 as an ambitious objective situated within the projected Wave 3 expansion, indicating that XRP might surpass the initial $4 target significantly if the broader pattern gains stronger momentum.

Subsequent mapping outlines another retracement ahead of a final Wave 5 push, extending the ultimate projection toward the $20 region, although Carolina’s written commentary centers primarily on the $4 and $8 marks.

Emphasizing the speculative character of the outlook, she noted that the forecast is “a prediction, not a guarantee,” while adding that the macro structure is nonetheless notable.

Elliott Wave Analysis Drives the Projection

The evaluation relies on Elliott Wave principles to decode XRP’s extended price trends, separating significant market periods into impulse and corrective waves to forecast potential future movements.

Furthermore, the chart bridges XRP’s past market cycles with newer activity, highlighting critical turning points spanning from 2018 to 2024 before introducing a nascent wave sequence that started around 2024–2025.

As a result, Carolina’s forecast centers on macro market architecture over short-term price fluctuations, relying on XRP to adhere to the exact path laid out on the weekly timeframe.

Reacting to the post, a user named PLAYER 589 offered a lighthearted reply, acknowledging a lack of expertise in Elliott Wave theory while noting that the chart lines trended in a favorable direction before concluding with the word “BELIEVE.”

Ultimately, Carolina’s primary emphasis remains centered on the anticipated trajectory toward $4 and potentially $8.

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