Expert Says the More XRP Holders Accumulate, the Stronger the Breakout: “Expect a 10X Surge From Here”

Market analyst XForceGlobal, a certified Elliott Wave expert, believes the extended period of sideways trading for $XRP is setting the stage for a major rally.

According to the analyst, the more $XRP consolidates within its current range, the stronger the next price targets become. He stressed that continued accumulation by long-term holders is a bullish signal that the market is preparing for a powerful breakout.

“More accumulation equals more bullish,” XForceGlobal emphasized in a recent tweet. Notably, he highlighted the ongoing lack of selling pressure as a key sign of market strength.

$20–$30 Remains the Primary Target for $XRP

In his commentary, XForceGlobal shared a chart showing that $XRP has broken out of a long-term triangle pattern. Using Elliott Wave theory, the analyst outlines a potential five-wave advance, with waves (3), (4), and (5) expected to push $XRP to significantly higher prices over the coming months.

Based on the current wave structure, XForceGlobal’s primary price projection remains a bold $20–$30 range. This forecast represents roughly a 10X surge from $XRP’s current price of $2.78.

The prediction hinges on the idea that “people aren’t selling,” meaning supply continues to tighten as demand builds. With long-term holders maintaining their positions and selling pressure limited, market sentiment supports this bullish outlook.

In other words, as the accumulation phase continues, it could provide the fuel needed for $XRP to make a decisive move toward the analyst’s high-end targets.

Related: $XRP Traders Track October Deadlines as SEC’s Crypto ETF Approvals To Reset $XRP Price Momentum

Views of Other Market Watchers

Commenting on the analysis, market watcher Bobby A remarked that once accumulation is over and sellers are exhausted, “the move out of here will be explosive.”

In response, XForceGlobal noted that no one will even see it coming, stressing that only the early buyers will reap the reward.

X user Gladinus also commented that institutions are entering the market, and $XRP’s DeFi use will prove its demand. “This will bring lasting price appreciation, not just hype,” he said.

Notably, $XRP saw the release of several yield products last week from Flare and Axelar. Flare’s products were oversubscribed, attracting 5 million tokens in hours, highlighting the massive demand for $XRP via DeFi.

Related: $XRP Holders Can Now Mint Stablecoins on Flare with Enosys’ New Loan Protocol

The two platforms plan to lock up 8 billion $XRP in the coming months. Many view it as contributing to a potential supply shock, which could drive the price higher.