Can XRP rally to $13 in 40 days? This analyst thinks so
XRP could be on the verge of an explosive rally that might send its price to $13 within just 40 days, according to crypto analyst Tony Severino. That price target represents a 359% increase from XRP’s current level of $2.83. XRP seven-day price chart. Source: Finbold If reached, XRP’s market cap would surge to about $772 billion, potentially making it the second-ranked cryptocurrency, assuming Ethereum (ETH) records minimal growth during the same period. Severino’s outlook shared in a September 3 X post is based on Elliott Wave Analysis , which highlights recurring structures in XRP’s long-term chart, where a corrective consolidation typically follows each impulsive upward move. XRP price analysis chart. Source: TradingView The Analysis shows that past rallies in XRP unfolded over six-bar, 42-day windows, delivering massive gains. XRP past explosive growth For instance, XRP surged 1,903% in just 42 days during the 2017 cycle, and a...