XRP Price: Expert’s Green Box Targets

What to Know:

• A market analyst known as “Freedom by 40” has reiterated his bullish outlook on XRP, citing its favorable chart structure.
• This analysis is set against a backdrop of XRP’s recent recovery and broader crypto market trends.
• The analyst suggests XRP could target a price range between $4.5 and $8.39 based on Elliott Wave analysis.

A well-known market analyst recently highlighted XRP’s weekly chart as particularly appealing, pointing to a potential target zone based on his technical analysis. This comes amid a broader recovery in the crypto markets, with XRP outperforming many of its peers year-to-date. The analyst’s perspective offers insight into XRP’s potential trajectory, though market participants should consider a range of factors.

XRP’s Chart Structure Attracts Attention

Following a significant downturn in Q4 2025, which saw XRP decline by 35%, the digital asset has demonstrated a strong recovery in the new year. So far in 2026, XRP has surged 30%, surpassing the gains of Bitcoin, Ethereum, Solana, and BNB. This recovery has prompted the analyst “Freedom by 40” to reiterate his positive outlook on XRP’s chart, reinforcing an analysis that dates back to October 2025.

Elliott Wave Analysis and XRP’s Trajectory

The analyst’s assessment is rooted in Elliott Wave theory, which suggests that XRP has been following a five-wave pattern since early 2023. The initial wave concluded with XRP reaching $0.94 in July 2023, spurred by a favorable legal ruling. The subsequent correction formed Wave 2, bottoming out at $0.38 in July 2024. Wave 3 culminated in XRP hitting a peak of $3.4 in January 2025, coinciding with a broader market rally. The subsequent decline represented Wave 4, setting the stage for a potential Wave 5 surge.

Recovery Push and Target Zone

XRP’s recent rebound from lows of $1.82 in December 2025 aligns with the analyst’s Wave 5 expectation. This alignment has reinforced his view that XRP’s chart remains constructive. 

According to his analysis, Wave 5 could potentially push XRP into a target range between $4.5 and $8.39, marked as a “green box” on his chart. This range is based on Fibonacci retracement levels, with $4.5 representing the 0.5 Fibonacci level and $8.39 the 0.786 level. Achieving these targets would require substantial gains of 89% to 252% from current levels.

Broader Market Context and Considerations

While the analyst suggests an extended rally to a higher range between $8.39 and $13.36 is possible, he deems it less probable. Institutional investors often look at technical analysis in conjunction with on-chain data, order book depth, and macro factors. Regulatory clarity, ETF developments, and overall market sentiment will likely play a significant role in XRP’s price action.

Conclusion

The technical analysis presented by “Freedom by 40” offers a bullish perspective on XRP’s potential trajectory. While technical indicators can provide valuable insights, they should be considered alongside fundamental analysis and risk management strategies. Investors should remain vigilant and aware of the inherent volatility in the digital asset market.

Related: Crypto: XRP Bullish, Bitcoin Targets $100K

Source: Original article