XRP to $7 and Cardano to $14? Chart Patterns Suggest Big Price Increases

Key Points:

• XRP has done very well this year, and it may keep rising.

• Charts show both XRP and Cardano (ADA) could go much higher.

• A type of chart analysis called Elliott Wave suggests XRP might reach $7 and ADA could go up to $14 in the next 3 to 6 months.

XRP (Ripple)

XRP is the top-performing major cryptocurrency so far in 2025, with an 11% increase.

Some recent legal wins against the U.S. Securities and Exchange Commission (SEC) helped XRP’s price go near its previous high earlier this year. It has since dropped a bit and is now around $2.30, mostly because of overall market conditions.

Still, XRP is doing well. Ripple, the company behind it, can now expand in the U.S. more easily.

They recently launched a new stablecoin called Ripple USD (RLUSD). It’s a digital dollar that stays close to $1 in value. RLUSD is growing fast, with its market size jumping from $50 million to $300 million quickly.

This coin makes sending money across borders cheaper and faster, which could increase the use of Ripple’s network and the demand for XRP.

Cardano (ADA)

Cardano hasn’t dropped much this year—only about 16%.

It has missed out on some major crypto trends like NFTs and meme coins, but it’s still reliable and stable. Its founder, Charles Hoskinson, says the goal of Cardano is to build useful real-world apps, not just focus on crypto trends.

Why the Price Could Jump (Elliott Wave Analysis)

A technical method called Elliott Wave analysis looks at price patterns in charts. It shows that both XRP and ADA may have reached a low point and are ready to rise again.

XRP to $7?

In the past, XRP jumped from $0.24 to $1.53 between 2020 and 2021 when interest rates were low. Something similar might happen again if the economy weakens and interest rates are cut.

If XRP follows the same pattern, its price could go up more than 250%, reaching around $7.

ADA to $14 or Higher?

Cardano had a huge price jump before, going from $0.04 to $1.38 between 2020 and 2021. Most of its growth came in one final big push.

If history repeats, Cardano could rise from around $0.70 now to as much as $14 or even $16. That would make its total value (market cap) skyrocket.

Even if the price only goes up half as much as it did before, investors might still see big gains—possibly 10 times what it’s worth now.

What Is Elliott Wave Analysis?

Elliott Wave analysis is a method used by traders to predict how prices might move by looking at patterns in the market. It’s based on the idea that prices move in waves, which reflect human behavior (like optimism and fear).

The Basic Idea:

Market prices tend to move in 5 waves in the direction of the trend, followed by 3 waves in the opposite direction.

• Waves 1 to 5: These are the upward or downward moves (called the impulse phase).

  • Wave 1: The start of a new trend.

  • Wave 2: A small pullback.

  • Wave 3: Usually the strongest and longest move.

  • Wave 4: Another pullback.

  • Wave 5: The final push before a trend ends.

• Waves A, B, and C: These are the correction phase—when the market takes a break or reverses direction temporarily.

What Makes It Useful?

Elliott Wave theory helps traders:

• Spot potential trend changes

• Set price targets (like $7 for XRP or $14 for ADA)

• Understand market psychology (when people are likely to buy or sell)

Important to Know:

• It’s not a guarantee—just a tool to help make educated guesses.

• It works best when combined with other analysis tools and market research.

Disclaimer: This article is for information only. It’s not financial advice. Always do your own research before investing. The Crypto Basic is not responsible for any financial losses.