Technical Analyst: The Next Wave Higher for XRP Will Be Epic. Here’s Why

A charged sense of anticipation now hangs over the XRP market. The sentiment isn’t just fueled by speculative optimism but by the mounting evidence that a powerful technical setup is forming.

Traders and analysts are reading the charts with renewed intensity, suggesting that XRP could be gearing up for a structural shift that might redefine its trajectory. What’s coming next, if confirmed, could mark the start of an extraordinary new phase for the digital asset.

Steph Is Crypto’s Bullish Projection

The renewed excitement was ignited by STEPH IS CRYPTO, a respected market analyst known for his detailed chart work and data-driven insights. In a recent X post, Steph shared a 1-week Bitstamp chart of XRP/USD, annotated with Elliott Wave labels (A–D) that indicate a potential bullish continuation pattern.

His analysis implies that XRP may have completed a multi-wave corrective structure and is now preparing for the next impulsive advance, a move that, according to the Elliott Wave framework, could be “epic” in scale if validated.

Current Market Context and Price Dynamics

As of report time, XRP trades around $2.48, a remarkable recovery from the early October dip. The broader cryptocurrency market has also gained momentum, with renewed inflows into high-cap assets following a wave of institutional activity and ETF approvals across the sector.

On Bitstamp, XRP’s liquidity and volume metrics have improved significantly, aligning with the conditions that often precede large-scale breakouts in technical models.

Steph’s projection places this current consolidation as the springboard for the next wave higher, a move that would mirror the explosive fifth-wave patterns often seen in major Elliott Wave expansions.

Historically, such impulsive waves tend to capture the largest share of gains within a full cycle, particularly when coupled with favorable macroeconomic and regulatory conditions.

Why Analysts Are Paying Attention

Elliott Wave theory isn’t new to the crypto scene, but its relevance intensifies when market structure aligns with historical fractals and volume confirmation. Multiple independent analysts have also identified similar bullish formations in XRP’s long-term charts, lending further weight to Steph’s outlook.

The combination of completed corrective phases, tightening volatility, and strong weekly closes paints a scenario that could soon trigger renewed investor confidence.

Moreover, XRP’s current momentum aligns with broader fundamental tailwinds, including Ripple’s growing institutional partnerships, the stabilization of regulatory clarity in 2025, and the increasing use of XRP for cross-border liquidity solutions. These developments form a supportive backdrop for any technical rally to gain traction.

Risks and the Road Ahead

Still, technical projections are not certainties. XRP must defend its current weekly support levels to sustain its bullish outlook. A breakdown below these zones could invalidate Steph’s wave count and trigger a deeper consolidation phase.

Macro risks from shifts in U.S. monetary policy to fluctuations in Bitcoin dominance also remain factors that could influence XRP’s short-term performance.

If, however, XRP confirms a weekly breakout above its current resistance range, the conditions could align perfectly for the next leg upward. That, according to Steph’s chart, is when the “epic” wave truly begins.

Final Thoughts

Steph’s analysis doesn’t just offer hope; it presents a technical roadmap grounded in established market structure and historical precedent. The coming weeks will reveal whether XRP follows through on this formation or pauses for another round of accumulation.

Either way, all eyes are on the charts as traders brace for what could be one of the most significant waves in XRP’s history.