Analyst Predicts Potential XRP Rally Toward $3 Based on Elliott Wave Setup
An Elliott Wave analysis suggests XRP could surge if recent lows mark the end of its correction phase.
An Elliott Wave analysis suggests XRP could surge if recent lows mark the end of its correction phase. XRP (XRP) is trading at ₹126 ($1.33), up 0.8% since this brief published. This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Fri, 23 Oct 2026 06:45:01 UTC.
This analysis highlights a potential bullish scenario for XRP, which could impact investor sentiment and trading strategies in the near term.
- XRP price is currently around $1.32, down 1.59% in the last 24 hours.
- Analyst XForceGlobal identifies a bullish Elliott Wave pattern for XRP.
- The setup suggests a potential rally toward $3 if the recent low holds.
- Market conditions remain neutral with a Fear & Greed index of 50.
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- Analyst Predicts Potential XRP Rally Toward $3 Based on Elliott Wave Setup — this brief
XRP is currently trading at approximately $1.32, marking a 1.59% decrease over the past 24 hours and a 0.66% decline over the last seven days. The token's market cap stands at $83.48 billion amidst a broader market downturn.
Analyst XForceGlobal has proposed an Elliott Wave setup that could potentially drive XRP's price back toward the $3 mark. This analysis is based on the premise that the recent low of $1.33 represents the bottom of the current correction phase.
The Elliott Wave theory suggests that markets move in predictable cycles, and if XRP follows this pattern, it could enter a new bullish impulse. However, this forecast is contingent on the $1.33 level holding as a support point.
The broader cryptocurrency market remains in a state of consolidation, with the total market cap at $2.81 trillion. 
Bitcoin has experienced a 1.27% drop in the last 24 hours, and the overall market sentiment, as indicated by the Fear & Greed index, is neutral at 50.
While this analysis presents an optimistic outlook for XRP, it is important to note that Elliott Wave setups are subjective and rely on the interpretation of price patterns. Investors should monitor XRP's price action around the $1.33 level for confirmation of the predicted trend.
Since this brief published about 1 hour ago, XRP (XRP) has moved from ₹125.27$1.32 to ₹126.22$1.33 — +0.76%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹137.99 (about $1.33), down 1.1% over 24 hours. The rupee itself trades about 9.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Analyst Predicts Potential XRP Rally Toward $3 Based on Elli — questions & answers
What is the current price of XRP?
XRP is trading at $1.32, down 1.59% in the last 24 hours.
What is the potential price target for XRP according to the analysis?
The analysis suggests a potential rally toward $3 if the recent low holds.
What is the overall market sentiment?
The overall market sentiment is neutral with a Fear & Greed index of 50.
How much is 1 XRP worth in rupee today?
About ₹137.99 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.33. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.76% since this brief first published — trading at ₹126 ($1.33) now versus ₹125 ($1.32) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.