Analysts point out that XRP may be completing its fourth wave correction, which could indicate that the fifth wave rally is imminent. The price is supported around $1.30 to $1.40, and technical indicators show decreasing selling pressure, suggesting a potential trend reversal. If the Elliott Wave theory pattern continues, some forecasts indicate that its price could rise to between $5.85 and $18. Ripple's expanding global payment network and the growing ecosystem applications further support this outlook.