XRP Price Today: Ripple Sets Stage for $30 XRP as Wave 3 Profit-Taking Zone Emerges

With XRP hovering around the $3.20 range, new technical insights and institutional developments suggest potential for significant price movement.

Renowned market analyst EGRAG Crypto has once again mapped out a structured price roadmap for XRP using Elliott Wave Theory. His latest XRP price prediction identifies three key zones where investors may consider profit-taking, each based on distinct wave structures within XRP’s historical price movements.

XRP’s Wave 3 targets $27–$30, based on a 1,750% move from the March 2020 rally. Source: EGRAG CRYPTO via X

The most conservative profit-taking region lies between $4 and $6, based on the inverse projection of Wave 4, commonly using Fibonacci extensions between 1.236 and 1.618. This zone is seen as a psychological threshold where many long-term XRP holders — or “OGs” — are expected to exit.

The second zone, referred to as the “most probable region”, falls between $11 and $13. It aligns with a typical Wave 5 move, often mirroring Wave 1 or measuring up to 61.8% of the combined length of Waves 1 and 3. The final and most ambitious projection, dubbed the “high-end region,” spans $27 to $30.

This estimate uses an alternate wave count originating from March 2020 and envisions Wave 3 achieving a 1,750% surge based on prior market patterns. “Don’t aim for magic numbers like $17, $27, or $50,” EGRAG cautioned. “Success lies in reacting to the cycle, not predicting the perfect top… Every cycle divides the winners from the late sellers. Don’t wait for perfection.”

Fueling bullish sentiment around the XRP price today is Ripple’s strategic expansion into institutional finance. The company recently applied for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC), potentially giving its stablecoin RLUSD access to Fed payment systems.

Prime brokers are bridging TradFi and DeFi, enabling institutions to access crypto markets and trillions in trades with regulated clearing. Source: @Ripple via X

This development, combined with the acquisition of Hidden Road, a major institutional prime brokerage, signifies Ripple’s aggressive push into decentralized finance (DeFi) and broader financial services.

According to Ripple CEO Brad Garlinghouse, Hidden Road is “transforming the landscape” by facilitating institutional access to digital assets and derivatives. This move aims to bridge the gap between traditional finance and DeFi — a vision that could redefine Ripple’s role in the evolving crypto infrastructure. “We’re seeing a growing appetite among institutional players for secure, compliant access to crypto markets,” said Garlinghouse.

After a recent dip to $3.05, XRP has rebounded, forming a V-shaped recovery pattern. Technical analysis shows price action currently hovering below the $3.24–$3.28 resistance zone, a level aligning with the 0.5 Fibonacci retracement from the previous high.

XRP targets $3.82 as rising volume and a reclaim of $3.21 signal the potential start of a powerful Wave 3 breakout. Source: CasiTrades via X

Market watchers, including CasiTrades, have pointed to the $3.00 support as a critical level. A strong hold here could drive XRP price toward $3.82, with potential continuation toward higher targets if momentum sustains. “If XRP breaks above $3.21 with volume, we could see a push toward the $3.70s,” said CasiTrades, referencing historical highs.

Ripple’s acquisition of Hidden Road is a pivotal step in its long-term strategy. By incorporating prime brokerage capabilities, the company is enhancing its XRP ledger and creating a gateway for hedge funds and trading firms to interact with DeFi platforms. This could play a role in expanding XRP coin utility and demand, adding a fundamental layer to the bullish technical narrative.

This institutional alignment may also affect XRP crypto price prediction models, with increased liquidity and infrastructure support serving as positive market drivers.

The price of XRP today is holding above critical support, and the combination of technical structure, institutional momentum, and regulatory initiatives provides a compelling narrative for future growth. While a $30 XRP price remains an ambitious target, the outlined profit-taking zones offer realistic checkpoints along the way.

XRP was trading at around $3.20, up 0.12% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Whether Ripple’s OCC banking license or Hidden Road acquisition will serve as catalysts remains to be seen. However, the growing confluence of chart-based optimism and structural advancements makes XRP one of the most closely watched assets in the crypto market.