Analyst Tells XRP Investors Historic Price Surge Is Coming

Back in July 2025, XRP reached an all-time peak of $3.65, a point many investors mistook for the cycle’s ceiling. However, crypto analyst CasiTrades (@CasiTrades) views the situation differently, and her technical breakdown is gaining widespread attention.

She published a macro Elliott Wave study on XRP, asserting that the $3.65 record high was not the end of the cycle. Instead, she categorizes it as Wave 5 of a finished five-wave impulse pattern that kicked off when XRP broke out from $0.50 in late 2024.

According to Elliott Wave Theory, a completed five-wave impulse is naturally followed by a corrective period before the initiation of the next larger-degree impulse. She contends that XRP is currently navigating precisely this corrective phase.

PEOPLE HAVE NO IDEA HOW BULLISH THIS IS GOING TO GET!!!

I don't think most people realize that ripple:native is STILL in the same macro bullish trend that began with the $0.50 breakout in 2024.

THAT ALL-TIME HIGH WAS JUST WAVE 1 ON A MASSIVE SCALE!!!

What we're… pic.twitter.com/7bSoLI29sG

— CasiTrades (@CasiTrades) November 6, 2026

Where XRP Stands Today

Trading near $1.18, XRP is positioned within what CasiTrades defines as a macro Wave 2 correction. Her charts highlight an essential support area spanning roughly between $0.86 and $1.09, where multiple Fibonacci levels converge. Furthermore, the $0.77 low recorded on Binance acts as a vital benchmark, which she designates as a potential Wave 2 bottom.

The Case for Wave 3

CasiTrades remains clear about her future outlook. “That all-time high was just Wave 1 on a massive scale,” she noted. Based on her wave count, the entire 2024-2025 surge that drove XRP to its all-time high of $3.65 forms merely the initial wave of a much broader macro framework. Should this count hold true, the upcoming phase will be the macro-degree Wave 3.

Within Elliott Wave principles, Wave 3 is typically the longest and strongest wave inside an impulse sequence. Her technical projections outline Wave 3 goals stretching from $2.41 at the 0.382 extension to $3.28 and beyond, with additional Fibonacci extension targets reaching $3.60 and higher.

The structure visible on the right portion of her chart demonstrates Wave 3 breaking down into its own separate five-wave sequence, with subwave targets mapped out across 2026 and extending into 2027.

Early Subwaves Already in Motion

During subsequent updates, CasiTrades proposed that the macro Wave 3 may have already kicked off. “Technically, macro W3 may have already started with the $0.77 low printed on Binance,” she wrote. “We are just in the early subwaves of it.” She additionally emphasized that there is “no better entry than W2.”

This perspective treats current market activity not as an extension of the correction, but rather as the foundational phase of the next substantial rally. She pointed out that “most consider wave 3/3 the bull run,” pointing to the third wave inside Wave 3 as the cycle’s most explosive phase.

Frequently Asked Questions

What was XRP’s all-time high and when did it occur?

XRP reached an all-time high of $3.65 in July 2025.

What is CasiTrades’ Elliott Wave interpretation of XRP’s price action?

CasiTrades argues that the $3.65 all-time high was not a cycle peak, but rather Wave 5 of a completed five-wave impulse sequence originating from the late 2024 breakout at $0.50. She views the subsequent correction as a macro Wave 2.

What are the key support levels identified for XRP?

Her chart highlights a critical support zone between approximately $0.86 and $1.09, with a Binance low of $0.77 serving as a key reference point for a potential Wave 2 bottom.

What is expected during Wave 3?

Wave 3 is typically the longest and strongest wave in an impulse sequence. Projected targets range from $2.41 up to $3.28 and past $3.60 using Fibonacci extensions.