Analyst Maxi forecasts significant growth for XRP, stating that the asset has completed a breakout that precedes a possible rally to $4.50.
XRP Breakout Structure Aligns with Classic Bullish Pattern
After reaching a year-to-date high of $3.66, XRP corrected to the $3.00–$3.15 range. This correction was a healthy retest of previous support levels. Analysts like CasiTrades have identified this movement as a typical Elliott Wave structure, with Wave 2 correcting deep at the 0.854 Fibonacci level before rebounding sharply.
Technical Indicators Support Rally to $4.50
From a technical standpoint, XRP appears to be forming the final leg of a five-wave impulse structure. After consolidating near the 21-day exponential moving average, the asset has built a solid base, with patterns such as an inverse head-and-shoulders and cup-with-handle emerging on shorter timeframes.
Whale Accumulation Strengthens Bullish Outlook
On-chain data further supports the bullish case. Large XRP holders, often referred to as whales, have been actively accumulating. Over the past week, approximately 310 million XRP, worth nearly $980 million, were moved out of exchanges, indicating long-term storage.
Maxi's call for XRP to reach $4.50 is backed by a strong confluence of technical structure, whale activity, and improving fundamentals. However, if XRP loses support near $3.00, the bullish scenario could be delayed.
