Tony “The Bull” Severino, a respected Chartered Market Technician, has predicted a timeline for XRP to hit the double-digit price milestone.
Severino’s latest market analysis comes as XRP rides on the broader market rebound effort to reclaim the $3 price mark for the first time in four months. After beating this stubborn resistance level, XRP has soared to a new yearly peak, pushing closer to price discovery.
However, market watchers like Severino believe the uptrend is still in its early stages. In his latest analysis, he highlighted what he calls the “final move” for XRP, suggesting that the altcoin has more upside potential from the current position.
Interestingly, when XRP rallied past the $1 and $2 psychological levels in November 2024, it secured a breakout above the triangle. However, this breakout faced a roadblock at the $3.4 peak in January 2025, leading to what looks like a smaller symmetrical triangle or bull pennant.
This small triangle lasted for six months, and XRP recently broke above it as well on the back of the latest run to $3.6. Now, Tony Severino suggests this recent breakout could push further to a new all-time high of $13, marking a 261% increase from the current price and a 1,900% rise from the breakout point of the seven-year symmetrical triangle.
XRP’s Elliott Wave Structure
His chart also shows that XRP has been following an Elliott Wave structure since Q4 2024. Accordingly, the Wave 4 formed when XRP retraced from $3.4 in January to the $1.96 low in June 2025. Now, the recent breakout marks the start of Wave 5, potentially leading to the $13 peak. Severino expects XRP to reach this top within the next six weeks or 42 days.
Historical data shows the analyst’s projection is influenced by XRP’s 2017/2018 run. Specifically, after breaking out to $0.3988 in mid-2017, XRP entered a consolidation phase, similar to what happened from January. However, following a recovery, it took XRP six weeks to reach the cycle peak of $3.8 in January 2018.
Speaking further, Severino countered recent voices suggesting that a bear market would no longer materialize. He shared an Elliott Wave visual predicting that after the Wave 5 peak of $13, XRP could face a corrective ABC structure.
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