Analyst Says XRP Setup Is Too Clean to Ignore, Builds Case for $30 Price

As XRP price performance gradually improves, analysts are urging market participants to pay more attention to the coin amid promising ￰0￱ a tweet , analyst Davie Satoshi highlighted what he called a “textbook Elliott Wave structure” for XRP on the monthly log ￰1￱ wave count suggests that XRP has completed its corrective phase and is now entering wave 3 of a major 5-wave cycle. Historically, this phase of the Elliott pattern has been the most explosive. Accordingly, Davie projects that XRP could rally to between $8 and $30 before experiencing any significant pullback. Notably, this outlook offers a potential 3x to 10x upside for current holders, with the coin trading at $2.90.

XRP monthly chart by Davie Satoshi The current price reflects a 2.60% gain for XRP over the past day, though it still bears a substantial 12.5% loss in the last 30 days. Meanwhile, Davie’s outlook for XRP goes beyond technical ￰2￱ also bases his optimism on several bullish fundamental ￰3￱ Acquisition and Stablecoin PushOne of the main catalysts is Ripple’s acquisition of Rail Financial and the launch of RLUSD ￰4￱ noted that Rail already processes about 10% of all stablecoin ￰5￱ these flows through the XRP Ledger could significantly boost both utility and ￰6￱ sees this as a way for Ripple to scale On-Demand Liquidity (ODL) without relying heavily on traditional ￰7￱ 20022 and Regulatory ClarityAnother driver is the global rollout of ISO 20022 this ￰8￱ new payment messaging standard is being adopted worldwide by banks and financial ￰9￱ is already compliant, putting XRP in a position to serve as a bridge ￰10￱ top of that, the conclusion of the SEC case has provided XRP with something most altcoins lack: full legal ￰11￱ is officially not a security, removing major barriers to institutional ￰12￱ Filings Line Up for ApprovalFurthermore, the analyst highlighted potential amplified institutional demand for XRP after the SEC approves the spot XRP ￰13￱ have been submitted by CoinShares, WisdomTree, Bitwise, 21Shares, Franklin Templeton, Grayscale, and Canary Capital.

A decision window is in October, while ProShares has already launched an Ultra XRP futures ETF with 2× exposure on NYSE ￰14￱ approval could trigger a wave of capital inflows similar to what was seen with Bitcoin ETFs. Ripple’s Thunes PartnershipDavie also cited Ripple’s partnership with Thunes as another major expansion ￰15￱ operates across more than 100 countries, supports over 80 currencies, and connects more than 3 billion digital ￰16￱ ODL with this network positions XRP as a key bridge asset for remittances, payroll, and cross-border ￰17￱ the same time, institutional accumulation of XRP is ￰18￱ said hedge funds and family offices are now viewing the token as safe to hold.

Utility-Driven RallyAmid these factors, the analyst argues that XRP’s growth potential is now rooted in utility, unlike in previous years, suggesting it may be more ￰19￱ global payments to stablecoin flows and new institutional corridors, XRP has multiple streams of adoption fueling demand. Accordingly, Davie Satoshi believes it is now positioned for its strongest rally yet, backed by both technical indicators and real-world use cases.