Will XRP reach double-digit targets with the start of the supercycle?

-XRP Price Surges, Signaling the Start of a Supercycle. Ripple Expected to Reach a Peak of $60 - Double-Digit Target Possible According to Elliott Wave Theory [Unblock Media] Recently, XRP's price has breached the $1 and $2 marks, showing a positive trend not seen since 2018. Cryptocurrency market experts are predicting that XRP's price could reach new all-time highs. Specifically, the cryptocurrency analysis platform TradingView announced that XRP has a high chance of reaching double-digit targets in the coming years. This analysis, made using the Elliott Wave Theory, suggests that XRP is unlikely to fall below $1 before the next bearish market begins. The Elliott Wave Theory is a technical analysis tool that predicts market prices follow specific patterns, known as impulsive waves and corrective waves. The recent surge in XRP is analyzed as breaking a correction pattern that had lasted for the past 5.5 years. This correction pattern was primarily influenced by global market uncertainties and regulatory changes. Beginning around January 2018, this pattern was characterized by a series of lower highs and higher lows, leading XRP to trade within an increasingly narrow range. According to the Elliott Wave Theory, this correction pattern consists of sub-waves labeled a, b, c, d, and e. These sub-waves correspond to the fourth wave within a supercycle, which is considered a correction phase. The end of the fourth wave signals the beginning of the fifth wave. Additionally, factors like the result of the lawsuit with the Securities and Exchange Commission (SEC), expanded use in the international remittance market, and Ripple's partnerships are expected to significantly influence XRP's rise. Currently, XRP's price is in what is seen as the fifth and final major impulsive wave according to Elliott Wave Theory. The year 2025 is predicted to be a "legendary year" for the XRP market, with rapid phase transitions anticipated. According to the Elliott Wave Theory, the fifth wave is considered the last major impulsive wave before a new bearish market begins. The third wave previously saw an approximately 113,200% increase from $0.003 to $3.40. If the ongoing fifth wave follows a similar pattern, XRP's price is expected to reach double digits. Technical analysis using Fibonacci extension indicators suggests that XRP's price could rise to over $60 in the next few years. However, some experts argue that $60 is overly optimistic, considering risks such as the emergence of competing tokens and increasing cryptocurrency regulation. Overall, XRP presents a significant potential for price increase in the coming years. The analysis, based on Elliott Wave Theory, is considered highly reliable. Other experts provide similar predictions, further validated by XRP's strong fundamentals and widespread adoption. Should XRP win its lawsuit with the SEC or continually expand Ripple's partnerships, XRP's market influence is expected to grow even more.