Market participants often search for structure during periods of uncertainty, and some analysts point to recurring patterns as they assess future price behavior.
A recent post from ChartNerd (@ChartNerdTA), a well-known crypto analyst, has revealed a notable structure for XRP, placing the asset at what he views as a critical stage.
His analysis features a chart labeled with consolidation phases and an Elliott Wave structure, which he described as XRP’s “Staircase To Valhalla”. His chart arranges past price behavior into repeating sequences that he believes set the stage for an upcoming expansion.
$XRP Staircase To Valhalla https://t.co/UKwbAsywwb https://t.co/nMYiajXjMV
— ChartNerd 📊 (@ChartNerdTA) November 15, 2025
The Current XRP 5-Wave Pattern
The chart depicts several labeled segments that show alternating consolidation zones and strong upward movements. ChartNerd marks these areas as consecutive waves, with each expansion following a period of compressed trading.
The Elliott Wave structure began forming in 2023 and hit its stride in late 2024, when Wave 3 pushed XRP up by over 500%. This rally pushed XRP to a peak of $3.39 in January 2025, and it built on this momentum, hitting an all-time high of $3.65 in July after months of consolidation.
He labels two segments as consolidation. The first preceded the 500% surge, and the second is XRP’s current performance, beginning in early 2025, and now nearing its end. The end of this consolidation lines up with Wave 5 of the Elliott Wave pattern, as the analyst suggests a massive surge once this breakout occurs.
Potential Targets for XRP
ChartNerd’s chart shows XRP trading at $2.25, but suggests a massive surge is imminent. Potential targets are $3, $7, and $15, with the first target matching a crucial resistance level that XRP must turn into support, and the final two levels representing new peaks for the digital asset.
The analyst referenced an older post in which he highlighted a missing blow-off top, burn, providing a broader view of XRP’s trajectory. Crucially, XRP has remained above a long-term support level that previously held it down. This adds to the bullish signals for the digital asset.
His updated analysis has highlighted these potential targets, suggesting the blow-off top could reach double digits. His new condensed chart signals that the key takeaway lies in the most recent segment. The context from the earlier chart supports his belief that the asset tends to follow a recurring pattern, culminating in a pronounced upward surge.