An analyst using Elliott Wave theory has laid out a detailed roadmap that could take XRP toward $8 or higher in the coming months, provided the current corrective pattern holds. The crypto asset spent more than six years, from 2018 through 2024, tracing a large symmetrical triangle on the weekly chart.
XRP is showing a textbook liquidity grab, with the $1.42–$1.44 resistance zone now flipping into a strong support base that could act as a launchpad for the next move.
Meanwhile, the underlying asset surged to a multi-week peak of its own before it was rejected at $1.50.
Ripple's XRP extended its recent upswing this week, supported by accelerating 'institutional demand' via spot ETFs and a widening set of real-world integrations that are strengthening the token's utility narrative beyond speculative trading. As of April 18, XRP was changing hands around $1.44, up roughly 6.7% over the past seven days.
Between 30% and 50% of retail XRP holders with significant positions are expected to sell at least part of their holdings if the token hits $10 — a threshold that would represent life-changing money for many of them.
Rakuten began enabling XRP in Japan on April 15, letting users buy with points and spend via Rakuten Cash across millions of merchants.
XRP is trading around $1.43 as Bitcoin's breakout above its descending channel lifts broader market sentiment. The altcoin has staged a slight recovery from the recent low, but continues to lag meaningfully behind BTC's move.
In a recent response on X, Ripple CTO emeritus David Schwartz shares an XRP transaction hash, alongside which he wrote, "XRP sent," causing attention on X.
Ripple has shared a public statement on the new stage of XRP regarding its institutional adoption via spot XRP ETFs.
XRP price had begun crashing after hitting a cycle peak of $3.6 back in July 2025. Since then, the digital asset's price has crashed by more than 50%, naturally leading to a rapid decline in investor participation.
Wrapped XRP on Solana lets XRP holders access Jupiter, Phantom, and Meteora without selling the asset, the latest step in Hex Trust's multi-chain wXRP rollout first announced in December.
XRP gains momentum as technical signals improve while ETF competition grows among major asset managers.