- XRP price structure shows rare stability near historical highs this cycle
- Technical patterns suggest XRP consolidation may precede strong upward price expansion
- Analyst identifies $5 XRP target using wave structure and market psychology
Crypto market analyst XForceGlobal has released a new technical outlook explaining why XRP could realistically surge to $5 during the current market cycle, with the assessment shared via an X post and expanded through a detailed video analysis centered on price structure. The update has drawn attention due to XRP’s ability to hold firm near historical highs, as the asset has avoided the sharp post-rally declines seen in previous cycles.
According to XForceGlobal, this prolonged consolidation signals the formation of a durable price floor, reflecting stronger holder conviction and reduced panic selling across the market. The analyst emphasized price action over speculation throughout the breakdown, using Elliott Wave Theory as the primary framework guiding the analysis. Within this framework, corrective phases are viewed as pauses rather than trend reversals, placing current XRP movement within a broader bullish context.
Market Structure Shows Unusual Stability
XRP has remained confined within a narrow macro range for an extended period, with price holding closer to historical highs than in previous cycles. Extended consolidation often reflects equilibrium between buyers and sellers, a balance that typically appears before renewed directional movement.
Also Read: RippleX Reveals Why XRP Is Quietly Becoming a Core Asset for Global Finance
Recent volatility created irregular wicks that complicated short-term analysis, while low trading volume amplified these inefficiencies across lower time frames. To address this, the analyst relied on line chart data instead of candlesticks, an adjustment that removed noise and clarified the underlying structure. According to XForceGlobal, the broader pattern aligns with a flat corrective formation, which often acts as a continuation setup within trending markets.
Wave Formation Supports a $5 XRP Target
The internal wave count suggests a running flat configuration that avoids breaking prior lows and often traps bearish positioning. Evidence also points to the completion of the corrective phase, which would place XRP at the start of an impulsive expansion stage. Recent upward movement displays impulsive characteristics rather than corrective behavior, strengthening the case for continued upside momentum.
Nested wave formations are also emerging across lower time frames, and such setups often precede stronger price extensions. According to XForceGlobal, $5 represents a realistic minimum target for this cycle, with projections based on historical wave behavior rather than sentiment-driven forecasts. Higher price levels above $10 were mentioned as possible extensions, although those scenarios depend on sustained momentum and pattern validation.
From a broader market perspective, long consolidation periods often precede major breakouts, as stronger bases tend to support larger directional moves. Traders continue monitoring key structural levels for confirmation, since a decisive breakout would reinforce the technical case presented.
Also Read: XRP Prints Striking Bullish Historical Formation – See Double Digits Target
