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#XRP currently trades within two Elliott Wave structures, and its ultimate price target would depend on which structure it actually follows.
This comes as the XRP price recovers above the $1.45 amid a broader market-wide upward push. Notably, after dropping to $1.34 on April 29, XRP engineered a rebound push which has since taken the price to $1.455 at press time, hinting at possible further upside to new highs.
Key Points
XRP has recovered more than 8% from the April 29 lows of $1.34, now on an upward path.In this upward path, XRP trades within two distinct Elliott Wave structures on the weekly chart. XRP’s ultimate target in the upward path depends heavily on which of the Elliott Wave structures it eventually follows.The first structure began in June 2022, and Wave 5 could end during this cycle at $14.The second structure started in late 2024, and Wave 5 could conclude years later at $42.
XRP Within Two Elliott Wave Structures Amid Recovery
CryptoInsightUK, a well-known market technician, discussed XRP’s current position in a recent analysis on the back of the latest recovery push. Specifically, the XRP price has rebounded alongside the broader crypto market, which has added $200 billion in market cap since the April lows.
Riding on this wave, XRP has reclaimed the $1.45 mark, up 8.2% from the April 29 low of $1.34. Due to this uptrend, XRP recorded a 6.13% gain last week, marking its largest weekly rise in two months. Despite a mild 1.08% pullback this new week, XRP has maintained the $1.45 mark, currently trading for $1.4573.
Interestingly, CryptoInsightUK’s chart shows that, amid the uptrend, XRP currently trades within two different Elliott Wave structures. According to him, there is the possibility that either of the two structures would guide XRP’s price action. However, uncertainty remains.
XRP Targets for Each Structure
For context, the first Elliott Wave structure began after XRP started recovering from the 2022 bear market lows in June of that year. 
Specifically, Wave 1 ended when XRP hit a high of $0.93 in July 2023, while Wave 2 concluded at a low of $0.3834 in July 2024. Meanwhile, Wave 3 pushed prices to $2.9 by December 2024, and Wave 4 resulted in a pullback to the current position.

If XRP follows this structure, it is on the verge of entering an impulsive Wave 5 upsurge once the current Wave 4 concludes. Data from the chart shows that this Wave 5 could take XRP to a range of $12 to $14.5, marking the end of the structure.
However, the second structure began when XRP rallied from $0.5 in November 2024 to $3.4 by January 2025. This upsurge marked Wave 1. Meanwhile, Wave 2 began as XRP corrected from the $3.4 peak and has continued till now.
If XRP is following the second structure, then the anticipated recovery from the current correction would mark its Wave 3 push, potentially leading to $14. However, after this, XRP could pull back during Wave 4 to just above $5 before rebounding toward $42 in Wave 5. 
Essentially, for the short term, XRP could target $12 to $14 either in Wave 3 or Wave 5, depending on the structure it follows. As a result, CryptoInsightUK confirmed he would likely reduce his exposure once XRP hits the $8 to $12 range. 
#CryptoNewsFlash

#Bitcoin is entering what analysts describe as its first supercycle, with price action already following a structure that differs from past market cycles.
This narrative strengthened as Bitcoin (BTC) pushed past $81,000 in grand style, reclaiming levels last seen in late January. Renewed institutional activity via US Bitcoin spot ETFs and easing geopolitical tensions have played a major role in this rebound. 
Still, analysts believe the premier crypto asset could go way higher than its current price.
Key Points
Prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle.This cycle started in November 2022 and could extend to early 2028, with Bitcoin targeting $250,000.The current cycle is showing signs of a mild retracement, aligning with earlier events in 2020 and 2021.The outlook refers to the February 6 lows near $60,000 as the current cycle’s base.
Bitcoin Supercycle Narrative
Specifically, prominent analyst Plan C highlighted that Bitcoin is about to enter its first supercycle. In his X post, he noted that the target for this extended bullish phase is an unprecedented price of $250,000.
The analyst places the start of this cycle in November 2022, when Bitcoin formed a bear-market low near $16,000. Weak market conditions and the FTX implosion, spurred by founder Sam Bankman-Fried’s reported fraudulent activity, adversely impacted Bitcoin, pushing it to those lows.
As these pressures dwindled and a new market phase began, BTC recovered. From around sub $16,000, it rallied to a peak of $126,200 in October 2025. Plan C highlighted this current all-time high as the first major top within the current cycle. 
After that rally, the asset corrected to roughly $60,000 in February 2026, which Plan C identifies as a mid-cycle bottom. His outlook aligns with Grayscale’s, referring to the February 6 lows as the current cycle’s base.
The analyst expects the next bull peak to be between late 2027 and early 2028, targeting $250,000. This move would mark a 207% growth from the current price of $81,350.
Current Cycle Aligns with Earlier Mild Correction Phases
Meanwhile, an accompanying chart shows that Bitcoin has experienced mild-cycle corrections, as it is in the current market phase. An example is the COVID-19 pandemic in 2020, which affected global markets, including digital assets. BTC dropped 57% before recovering to higher prices.

A similar event occurred in May 2021, during China’s ban on all mining activities. BTC dropped 55% from around $65,000 to $28,700 but again recovered to its November 2021 all-time high of $69,000.
These rapid declines created strong bearish narratives at the time, yet Bitcoin continued to move higher after each event. As such, the commentary suggests that these corrections did not break the long-term structure but instead reinforced it.
The current cycle is showing signs of a mild retracement, with BTC correcting 50% from last year’s high to the February lows before the current rebound. If it mirrors other scenarios, then it could rally further from here.
Bitcoin Outlook Reflects Structural Shift
Moreover, this cycle is different. Plan C noted that this would be Bitcoin’s first supercycle, marking a deviation from the typical 4-year cycle. 
Rather than ending after each peak, BTC would build on previous gains while absorbing volatility along the way. According to him, this cycle started in November 2022. If it ends around 2028, as he projected, it will mark six bull years for BTC, with a mild mid-cycle retracement this year.
Several industry leaders had predicted this, citing the changing tides in the crypto sector amid institutional adoption. Binance’s Changpeng Zhao and Bernstein are among those who called this extended bull market run.
#CryptoNewsFlash

Today something wild happened on the XRP Ledger. One of BitGo’s wallets ran dry of XRP, but the scripts didn’t stop working. They kept creating new accounts and sending transactions that had zero chance of success. The result: thousands of “UNFUNDED PAYMENT” errors flooded the network.
What Went Down
BitGo’s system tried to activate new $XRP accounts, each requiring 1 XRP reserve, even after its balance hit 0.The failed attempts spiked to nearly 11,000 in one day, according to ledger data.It wasn’t a hack, just an automation loop gone rogue. BitGo confirmed the wallet has now been topped up with 1,048 XRP to stop the spam.
Why This Matters
Even though no coins were stolen, the glitch shows how one small script error can ripple through a major blockchain. The ledger stayed secure, but the event cast a spotlight on automation risks in crypto networks.


TL;DR
XRP Ledger glitch = wild day for the community + reminder that tech still needs humans.
#xrp #CryptoMarketMoves #BinanceSquareTalks #blockchain #CryptoNewsFlash

A recent analytical exposition has highlighted the possibility that #Cardano could see an upsurge of 10% to 100% from its current price level.
Read more on: https://thecryptobasic.com/2025/10/30/analyst-insists-cardano-setting-up-for-10-to-100-gains/
#CryptoNewsFlash

A top analyst has predicted the next price target for #Shiba Inu following its recent bullish shift, spurred by a stop-loss cluster retest.
Read more on: https://thecryptobasic.com/2025/07/22/heres-the-next-target-for-shiba-inu-after-liquidity-masterclass/
#CryptoNewsFlash

Bitcoin ($BTC) is showing clear signs of breaking out, climbing steadily over the past week and confirming bullish sentiment across the board. After weeks of consolidation, BTC$has moved from $57,200 to $62,430, gaining nearly +9.1% in just 7 days.
📈 7-Day Price Chart

Date Price ($)
Aug 1 57,200
Aug 2 58,350
Aug 3 57,800
Aug 4 59,020
Aug 5 60,200
Aug 6 61,250
Aug 7 62,430
🔥 Key Points
BTC has broken above key resistance at $60K
Institutional inflows are rising post-ETF accumulation
On-chain signals show increasing whale activity
RSI remains bullish but not overbought — room to run
Analysts are calling this the start of the "unbound phase", with targets set toward $65K and $70K if momentum holds. Volatility is expected, but the upside potential remains strong.
🎯 Support: $59,000
🎯 Resistance: $64,000
📊 Download Chart: BTC Price Chart
#BTCUnboundLegacy #Bitcoin #CryptoTrading #BitcoinTreasuryWatch #BTC #BullRun #CryptoMarket #Binance
#CryptoNewsFlash #OnChainData #BTCChart