Analysts predict that XRP could reach $12 or more based on Elliott Wave Theory (EWT). XRP has completed its first wave (2014–2017) with a significant price rally, followed by a second wave marked by consolidation. Now, analysts like Chetan Gurjar suggest that XRP is poised for its third wave, typically the most explosive part of the cycle. For XRP to hit $12.75, it needs to break out of its current price structure and overcome resistance. However, short-term performance also depends on Bitcoin’s market movement.