Widely followed crypto trader and YouTuber “Freedom By 40” has shared his price prediction for XRP, saying it could rise to between $5 and $9
XRP is currently trading around $1.49, well below his projected range. Meanwhile, his TradingView chart presents a long-term Elliott Wave analysis suggesting that XRP could rise toward $9
Freedom By 40’s XRP/USD chart on Bitstamp uses Elliott Waves, Fibonacci levels, and trendlines to argue how XRP could rise into the 5–9 range
The analysis starts with XRP’s long period of sideways movement from 2023 to late 2024. During this time, the price formed a pattern of lower highs and higher lows. XRP broke out of this pattern in late 2024 at around $0.50 and then rallied above $3 in early 2025. That represented a gain of more than 6X
Notably, the chart labels this rally as Wave A, followed by a correction called Wave B. It then suggests that a new Wave C is set to push XRP well above its previous high
Indeed, after XRP’s 2025 peak, the price entered another correction. The chart shows this with downward-sloping green trendlines and smaller waves numbered 1 through 5. Wave 5 has reached around $0.90. This explains XRP’s price fall from its $3.66 peak to $0.98 between mid-2025 and mid-2026
Meanwhile, the $0.90 area also lines up with the 0.618 Fibonacci retracement level, which the analyst sees as the bottom of the correction
Indeed, XRP’s price has bounced significantly from that point, soaring to $1.70 before retracing to around $1.50 presently. The coin’s recovery may therefore mark the start of another upward move
The next Fibonacci levels to watch are around $1.167, $1.325, and $1.439, which are marked as areas of support should the coin lose momentum during the ongoing bounce
Beyond these levels, the chart’s projected target zone stretches to $5.80 and $9.40. The lower target aligns with the 0.786 Fibonacci extension, while the upper boundary corresponds to the 1.0 extension shown on the chart
If XRP rises from its current price of $1.49 to $5.80, it would represent a gain of about 289%. Reaching $9.40 would amount to a gain of roughly 530%
For a holder of 100,000 XRP, a move to $9.40 would put the holdings at approximately $940,000, approaching the lofty $1 million mark
While promising, it is worth noting that the $5.80 to $9.40 targets are technical projections. Elliott Wave analysis changes as new price data emerges, meaning the projected wave structure and targets could be invalidated if XRP fails to follow the anticipated pattern
The overall idea is that XRP’s correction phase is over and that the bull market is just starting, although there will still be ups and downs along the way
