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XRP has spent the higher a part of the final seven years digging itself out of the crater left by the 2018 peak, but technician Tony “The Bull” Severino, CMT, now sees the opportunity of a violent climax that will rival—even mirror—the final euphoric leg of the 2017 cycle. Posting to X, the analyst requested followers to ponder “the ultimate transfer in XRP — projected as excessive as ~$13 — occurred inside 40 days” and provided the weekly‑scale TradingView chart.
$13 XRP Solely 40 Days Away?
The study is an Elliott Wave building that labels the 2017 blow‑off excessive because the terminus of Major wave ③ and the next, almost seven‑12 months buying and selling vary as a textbook fourth‑wave contracting triangle. Worth motion from 2018 by way of late‑2024 traces the acquainted A–B–C–D–E sequence, with every swing bounded by ever‑converging black development‑traces that compress towards a late‑2024 apex.
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Severino’s annotation calls specific consideration to symmetry: the gap between the 2017 excessive and the 2018 low measures $2.55, or 1,903.50 % from the sub wave‑4 pivot, and it unfolded in six weekly candles (42 days) on quantity of two.7 billion XRP.
With the triangle now resolved to the upside, the analyst counts the preliminary thrust as wave (1) of the terminal Major ⑤ and flags a minor pennant creating as wave (4) of the impulse’s lesser diploma.
A purple vertical projection equal to the 2017 share ascent—+1,903.39 %—is transposed from the submit‑triangle base at roughly $0.64 (implicit within the $12 top of the arrow) and terminates at $12.73496, a stage Severino marks in crimson throughout the appropriate axis. The time analogue stays putting: a dashed line, 42 days to the appropriate of the current bar, brackets what can be week six of the possible surge, accompanied by a placeholder quantity word of 113.7 million XRP.
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Ought to the fractal relationship maintain—because the inset schematic of a “4th Wave Triangle” and “Common Triangle Breakout Projection” implies—XRP must speed up by roughly 250 % every week for the following six weeks to fulfill the vertical and temporal targets concurrently, a tempo an identical to the parabolic advance that culminated in January 2018.
Severino’s observe‑up remark hints that any such spectacle wouldn’t obviate a subsequent bear cycle; as an alternative, it might full the 5‑wave motive construction and usher within the bigger‑diploma correction that per Elliott doctrine follows every full impulse.
For adherents, the sensible query shouldn’t be philosophical admiration of chart symmetry however whether or not their positioning and threat framework can face up to the volatility inherent in a transfer that, if realised, would add nearly $9 per coin in little greater than a month.
At press time, XRP traded at $3.49
Featured picture created with DALL.E, chart from TradingView.com