A prominent market analyst has recently drawn attention to the weekly chart of XRP, labeling it as “one of the best-looking charts out there.” This insight comes from the anonymous figure behind the “Freedom by 40” account, which focuses on achieving financial independence for investors within a 40-year timeframe.
After a challenging Q4 2025, where XRP saw a drastic decline of 35% from $2.84 in October 2025 to $1.839 by year-end, the beginning of 2026 has marked a significant rebound for the cryptocurrency. So far this year, XRP has surged by 30%, outpacing major players like BTC (7%), ETH (8.5%), SOL (11.6%), and BNB (4.83%).
The “Freedom by 40” analyst reiterated the strength of XRP“s chart during a recent post on X, building on insights shared in October 2025. Their analysis indicates that XRP is currently navigating a five-wave Elliott Wave structure on the weekly timeframe, a pattern that began in early 2023.
Wave 1 was completed with a rise to $0.94 in July 2023, following a favorable ruling in the SEC case. This was followed by Wave 2, which saw a correction down to $0.38 in July 2024. The third wave commenced shortly thereafter, culminating in a peak of $3.4 in January 2025, bolstered by a rally led by former President Trump.
The analyst noted that the subsequent decline marked the formation of the corrective fourth wave, aligning with a smaller ABC correction. At the time of their October 2025 analysis, XRP was trading at $2.55, with predictions that a C correction would push the price lower before the market could recover.
As XRP has followed this trajectory, collapsing to a low of $1.82 in December 2025, it is now on the rebound, in line with the analyst”s expectations for Wave 5. This latest development has reinforced the belief that XRP boasts one of the strongest charts available.
The analyst”s chart suggests that the ongoing Wave 5 is likely to culminate within a designated range marked by a green box, specifically between $4.5 (Fibonacci 0.5) and $8.39 (Fibonacci 0.786). XRP could potentially reach any of these targets as it completes the Elliott Wave structure, requiring an increase of 89% to 252% to enter the green box range.
While the analyst remains optimistic about an extended rally toward a higher pink box, which lies between $8.39 and $13.36 (Fibonacci 1), they deem this outcome less probable at this point.
