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Markets

Analyst Says This XRP Chart Caught My Eye. Here’s why

XRP could move toward $4 before potentially advancing toward $8 if the long-term Elliott Wave structure in Carolina’s latest chart develops as projected. The crypto enthusiast presented the c

AnonymousCryptoCompass newsroom
October 3, 2026
3 min read
NEWS
Analyst Says This XRP Chart Caught My Eye. Here’s why
CryptoCompass editorial visual for markets coverage.

XRP could move toward $4 before potentially advancing toward $8 if the long-term Elliott Wave structure in Carolina’s latest chart develops as projected.

The crypto enthusiast presented the chart in her tweet as a technical prediction, not a guaranteed outcome. But her analysis identifies several price levels that could shape XRP’s next major market cycle.

Carolina shared a weekly XRP/USD chart covering price action from 2018 through 2026. She said the chart caught her eye because of the long-term Elliott Wave structure across XRP’s historical movements.

Her projection places XRP on a potential upward path after the cryptocurrency completed several corrective phases. The chart shows previous waves A, B, and C, before moving into a new numbered wave structure.

Carolina Identifies $4 as the First Target

Carolina sees $4 as the first major level XRP could reach if the projected structure continues to develop.

The chart shows XRP rising from its current area toward approximately $4 during a projected Wave 1 move. It then shows a correction toward a lower level before another advance during Wave 3.

Carolina also identified $8 as a more aggressive target. Her chart places that level within the projected Wave 3 advance, suggesting that XRP could extend substantially beyond the initial $4 objective if the larger structure develops with stronger momentum.

She then maps another correction before a final Wave 5 advance. The chart extends that final projection toward the $20 area, although Carolina’s written post specifically focuses on the $4 and $8 levels.

Carolina stressed the forecast’s speculative nature. She wrote that the projection represents “a prediction, not a guarantee,” while maintaining that the long-term structure remains interesting.

Elliott Wave Analysis Drives the Projection

The analysis uses Elliott Wave theory to interpret XRP’s longer-term price movements. Carolina’s chart divides major market phases into impulse and corrective waves and uses those formations to project potential future price action.

The chart also connects XRP’s earlier market cycles with its more recent movements. It marks major turning points between 2018 and 2024 before showing a newer wave structure that began around 2024–2025.

Carolina’s projection therefore focuses on XRP’s long-term market structure rather than short-term price movements. The forecast depends on XRP following the sequence she has mapped on the weekly chart.

One commenter, PLAYER 589, responded to the analysis with humor. The commenter admitted having limited knowledge of Elliott Wave analysis but said the chart’s lines pointed in the preferred direction. PLAYER 589 then ended the comment with “BELIEVE.”

For Carolina, the key focus remains the projected progression toward $4 and potentially $8.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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