Crypto analyst CasiTrades forecasts Wave 3 rally for XRP after $3.65 high

XRP, the digital asset developed by Ripple , reached an all-time high of $3.65 in July 2025. While many market participants interpreted this as the top of the cycle, crypto analyst CasiTrades has argued that the current trend is far from over, drawing significant attention with her technical analysis. CasiTrades recently published an in-depth macro Elliott Wave analysis, contending that the 2025 high did not represent the end of XRP’s bullish momentum. According to her view, the rise from $0.50 in late 2024 to $3.65 completed a five-wave impulse sequence, which she identifies as Wave 1 within a larger structure. Under Elliott Wave Theory, a completed five-wave impulse is typically followed by a corrective phase, known as Wave 2, before another major move—Wave 3—unfolds.

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