XRP Price Prediction: Wave 3 Maps $15-$31, But $3.6 Must Be Reclaimed

XRP has taken a hit in 2025, shedding more than 22% since January and sitting near $1.44 as of late February. But underneath the short-term pain, a longer-term Elliott Wave framework tracked by analyst Egrag Crypto suggests the bigger picture may still be intact. According to this XRP price prediction, the current dip is part of a corrective Wave 2 phase, not a structural breakdown, and the next major move could be explosive if one key level gets cleared.

814% Wave 1 Rally Set the Stage for a Deep Correction

To understand where XRP might be headed, it helps to look at where it came from. Between July 2024 and early 2025, XRP staged a massive Wave 1 rally, climbing from roughly $0.39 all the way to $3.66, an 814% surge that established a major swing high. That kind of move naturally invites profit-taking, and the pullback that followed has been significant.

The $3.6 level is not just resistance, it’s the line between consolidation and the next expansion phase.

XRP corrected about 60.5% from that peak, dragging price down toward the current $1.4 range. That lines up well with classic Fibonacci retracement behavior, typically between 50% and 61.8%, and the chart shows price found support near $1.1 along the lower edge of the broader channel. Importantly, XRP is still holding inside that channel, which keeps the bullish structure technically alive

$3.6 Is the Trigger: Wave 3 Targets Range From $15 to $31

If XRP can reclaim $3.6, the Elliott Wave roadmap opens up a much larger opportunity. Wave 3 targets on the chart sit near $15.08 and $31.19, aligned with standard Fibonacci extension zones that often define the length of impulsive third waves. For more context on how these broader targets are framed, XRP Price Forecast: $27 and $100 Targets in Play as Bullish Wave Structure Holds lays out an even more ambitious macro case. A separate technical view also worth reading, XRP Price Prediction: Triangle Setup Maps $7.7, $15, and $33, arrives at similar upside levels through a different pattern entirely, which adds some confluence to the $15 zone specifically.

The core thesis here is straightforward: $3.6 is the decision point. A clean break above it would confirm that Wave 2 is over and that bullish momentum has returned, potentially triggering a broad shift in crypto risk sentiment. Failure to reclaim it, on the other hand, keeps the setup in limbo and prolongs the corrective backdrop. For a deeper look at the extension mechanics behind a potential Wave 3, XRP Elliott Wave Analysis: Macro Structure Points to 161.8%-200% Extension in Potential Wave 3 Surge breaks down the math in detail. Bottom line: this XRP price prediction is less about the upside targets and more about whether XRP can take out the level that defines the next trend decision.