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This Trader Updates His XRP Price Prediction – Elliott Wave Points to Further Upside | AxiomFinity

This Trader Updates His XRP Price Prediction – Elliott Wave Points to Further Upside

Petar Jovanović
Petar Jovanović
Author · Updated April 17, 2026

XRP finally broke out of the $1.30‑$1.40 range that trapped it for weeks. The token is now trading around $1.49 after a 5% pump today. Nothing crazy – it is in line with the broader market. But for XRP holders who endured months of boredom, any green candle is welcome.

XRP has a big community, and there are many "analysts" posting bullish XRP price predictions. But only a few deserve your attention. One of them is More Crypto Online, a very high‑profile technical crypto analyst known for his detailed Elliott Wave work. He just posted a live screen recording of the XRP/USD 4‑hour chart, walking through his latest wave count.

More Crypto Online's Elliott Wave Update – Both XRP Scenarios Still Bullish

The video is a 75‑second screen recording of the XRP/USD 4‑hour chart on Bitstamp (TradingView). The analyst uses his cursor to point out key levels, wave labels, and Fibonacci targets. There is no separate voice‑over transcript – the visual walkthrough directly illustrates the post caption.

His overall thesis: both the orange scenario and the white scenario he has been tracking remain valid and bullish. The two counts are aligned in direction, and both continue to allow for higher prices. He emphasizes that nothing has invalidated either path yet. The structure remains constructive for more upside.

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Source: X/@Morecryptoonl

In the orange scenario, which is the main focus of the video, price has now reached the target zone for orange wave C of the larger D wave. He highlights the recent impulsive‑looking move up – labeled as waves 1‑2‑3‑4‑5 inside the C leg – and shows how it has arrived exactly in the Fibonacci extension cluster he had previously projected for the end of wave C.

Even though the C‑of‑D target has been hit, the wave structure still allows for a further extension of the entire D wave. He points out that the internal sub‑waves are not yet complete in a way that forces an immediate top. There is still "room to run" inside the D wave before it finishes.

Read also: Ripple Regulatory Wins Keep Piling Up, But Here's Why the XRP Price Is Still Stuck

XRP Price Forecast: Key Levels and Fibonacci Extensions – What to Watch Next

The analyst repeatedly points to specific Fibonacci levels on the chart. The upside extensions are shown in a blue box: 100% at $1.44191, 123.6% at $1.47230, 138.2% at $1.49117, and 161.8% at $1.52287. Price is currently near the 138.2% level. The 161.8% extension at $1.52 is the next visible target within the current leg.

Above that, a descending orange trendline or channel acts as dynamic resistance overhead. That is the next major hurdle. On the downside, support is labeled as "range support (B)-wave support" with a brown shaded area: 61.8% at $1.26597 and 78.6% at $1.19894. These are the zones where a pullback could find buyers.

The larger wave labels (A), (B), (C), (D), (E) are visible in the bigger corrective structure, along with the micro waves (1)-(2)-(3)-(4)-(5) inside the current leg. The XRP chart is zoomed to recent weeks (February to June 2026), with the current date on April 17. He briefly zooms out to show that the larger wave count from the February lows remains intact.

He does not give concrete "XRP will hit $X by date Y" predictions. The message is purely structural: the count is still bullish, the orange C‑of‑D target has been met, but the D wave can stretch higher. Both main scenarios remain on the table for additional upside.

The wave C target of the larger D wave has been reached, but the internal sub‑waves are not yet complete, leaving room for the entire D wave to extend higher. Fibonacci extensions point to $1.52 (161.8%) as the next visible upside level, while support sits at $1.27‑$1.20 on any pullback.

All in all, XRP is still in a constructive Elliott Wave setup. The price action has fulfilled the orange wave C‑of‑D target zone, yet the pattern allows for more extension inside the larger D wave. Both the orange and white scenarios continue to point higher, with no invalidation yet. For traders watching XRP, the message is clear: more upside is possible, and the structure remains bullish.

Frequently Asked Questions

1. Is XRP worth buying?

XRP has strong regulatory clarity (not a security), seven spot ETFs, and growing institutional partnerships. The Elliott Wave structure remains bullish, but short-term volatility exists. For long-term believers, current levels near $1.49 may offer value.

2. Is XRP actually used for anything?

Yes. XRP powers the XRP Ledger, which handles fast, low-cost cross-border payments. Ripple uses XRP for on-demand liquidity (ODL), and the network supports tokenization, DeFi, and stablecoins like RLUSD. Recent partnerships include Kyobo Life Insurance for tokenized bond settlements.

3. Will XRP price go up?

Based on More Crypto Online's Elliott Wave analysis, both scenarios point higher with no invalidation yet. The token broke out of its $1.30‑$1.40 range and is targeting $1.52 next.

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