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Market Outlook for XRP: Analyst Mr. Xoom suggests that XRP is currently in the fifth and final stage of its Elliott Wave cycle, following a significant price increase during Wave 3 and a corrective Wave 4. He predicts that Wave 5 could see XRP prices rise to between $7 and $10.
Historical Performance and Predictions: The analysis highlights XRP's previous surge from $0.50 to $3.39, marking a 575% gain, followed by a correction to $1.60. Other analysts also support similar bullish forecasts for XRP, indicating potential for substantial market peaks before the cycle concludes.
