Back in 2024, the XRP price had broken out rather quickly after trending around $0.6 for the better part of the year. This was driven in part by developments such as an announcement that the lawsuit between Ripple and the Securities and Exchange Commission (SEC) was drawing to an end.
The third wave of the theory is a bullish one, and comes after the more bearish wave 2, which the analyst’s chart shows to have needed back in June. Thus, Wave 3 is already in motion and is expected to trigger the next 600% price rally.
