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Analysts remind XRP traders: Keep this key structure in mind

2026-10-12 12:28:52
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Cryptocurrency analyst Carolina releases weekly in-depth analysis of XRP

Cryptocurrency enthusiast Carolina (@Carolinatcwnl) posted a detailed price analysis of XRP on her weekly chart. She uses Elliot Wave theory to identify repetitive price patterns and predict future trends. Her analysis shows that XRP has completed a major correction phase, and she reminds investors to keep this structure in mind.



The weekly chart shows a three-part correction pattern.

The weekly chart shows a three-part correction pattern labeled A, B and C. Wave A is a sharp decline after experiencing a 500% surge at the end of 2024. Wave b achieved a strong rebound above the starting point of Wave A. Subsequently, Wave C pushed the price back to around $1. Carolina confirmed this low point as the end point of Subwave 1.

Based on her analysis, the revised structure is now complete and the market is preparing for the next phase. Keep the following key structures in mind:

  • When XRP reaches US$1.00, expect Subwave 1 to be completed.
  • Once the XRP weekly closing price exceeds US$1.56, Zhou Wave 2 will be considered completed and the market will enter the next stage.
  • Target price of Zilang 3: US$1.88 → US$4.10 → US$7.07...

US$1.56 is the key trigger point

Carolina identified $1.56 as a key level that requires close attention. She said that if the weekly closing price stabilizes above $1.56, it will complete Wave 2. This confirming closing signal marks the end of the correction period and the beginning of the next major rally.

She also identified $1.29 and $1.37 as key support levels. As long as prices remain above this range, the bullish structure remains intact. She pointed out that as long as support is effective,"the potential for the next wave of gains is worth observing."

In her view, the $1.56 trigger level carries significant weight. Breaking through this point for the weekly closing price is not only a technical milestone, it changes the overall prospects for XRP's next directional move. Before that close occurred, the correction phase had not been technically closed.



Zi Lang 3's price target

Zi Lang 3's forecast is at the core of Carolina's analysis. She drew three incremental target prices: $1.88,$4.10 and $7.07. The target of $1.88 is at the Fibonacci extension of 161.8%. The target of $4.10 marks a 261.8% expansion. The target of $7.07 is in line with the expansion of 361.8%.

Each level represents a different stage in the movement of subwave 3. The chart also predicts a further extension to $10.11 at 427.2%, although Carolina's explicit target ends at $7.07.



Confirmation required first

Carolina has not announced that its rally has been confirmed. Her analysis established the conditions that must be met before a market can launch. As she said, the priority is to "confirm the breakthrough of $1.56 and see if the bulls can push prices into the rebound of Subwave 3."

The support range must be solid and must break the $1.56 level at the weekly close. If these two conditions are met, her analysis defines $1.88,$4.10 and $7.07 as key levels that determine the next trend of XRP.

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