XRP’s (XRP-USD) price action is entering what many analysts believe is the final stage of its current cycle. TradingView analyst Ahmad Kazemii has mapped out two possible scenarios using Elliott Wave theory, and both point to a bullish push that could take XRP well beyond today’s levels. The question now is whether this rally stops short near $9 or stretches toward $11 before momentum fades.
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XRP Creates a Base Case Path Toward $9
Kazemii’s preferred scenario, marked in blue on his chart, shows XRP building toward a final impulse wave. According to this view, the token has room to climb into the $8 to $9 range as the cycle nears completion. This would represent roughly a 3X move from current prices.
The technical story supports this view. XRP has already logged two explosive runs: first from $0.50 to $3.40 before pulling back to $1.60, and then from there to $3.66 before cooling at $2.69. Now, with XRP stabilizing just above $3, the chart suggests another surge could be imminent.
Crucially, Kazemii stresses that this next push may be the one that finally allows XRP to clear its stubborn 2018 high near $3.84. If that resistance is broken, the momentum could carry higher, giving bulls their strongest confirmation yet that the cycle still has fuel left.
XRP Faces the Red Scenario with Room to Hit $11
The alternative path, marked in red, sketches a more aggressive rally. If buying pressure overwhelms resistance zones, XRP could continue powering higher toward the $11 level. Kazemii labels this region as a “Potential Reversal Zone,” a point where heavy resistance might force the market to turn.
Even so, this projection isn’t being dismissed as fantasy. Other market voices echo the $11 call. Analyst Dark Defender, also applying Elliott Wave analysis, recently argued that XRP has cleared its early resistance and is now tracking toward $6 in the near term. CryptoInsightUK adds further weight, pointing to rising institutional demand through CME futures volume, alongside upcoming launches of DeFi projects like Flare and the much-anticipated XRP ETF applications. Together, these catalysts reinforce the idea that $8 to $11 is achievable in this cycle.
This Is a Decisive Test for XRP’s Breakout Potential
Both scenarios show bullish potential, though the levels should not be mistaken for absolute tops. As Kazemii explains, traders will need to watch how XRP reacts at resistance points to determine which scenario is playing out.
What is clear is that this phase of the cycle carries outsized importance. If XRP breaks decisively beyond $3.84, the $9 zone becomes realistic. If the market overshoots on heavy momentum, $11 may come into view. This moment looks less like the end of a run and more like the test that decides whether XRP’s long-awaited breakout is finally here.
At the time of writing, XRP is sitting at $3.0792.
