The XRP price appears to be approaching one of the most critical technical phases in its long-term structure, according to a new analysis shared by EGRAG CRYPTO. The analyst, known for his bullish takes on XRP, says the cryptocurrency is still “missing the fifth wave,” implying that the next leg could push its price far into new all-time highs.

Despite recent consolidation just above $2.2, Elliott Wave projections show that the cryptocurrency is only just gathering strength before launching into price targets as high as $27.

XRP Is Still Missing Its 5th Wave

EGRAG CRYPTO’s latest update on X presents XRP’s price action within an extended five-wave structure typical of the Elliott Wave Theory. His analysis, which was done on the 5-day timeframe chart, proposes that X

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