XRP to $7 and Cardano to $14? Elliott Waves Show Huge Upside Potential

XRP (XRP) is the best-performing token of the top 10 this year with gains of nearly 11% in 2025.

A handful of victories on the legal front in its landmark case against the U.S. Securities and Exchange Commission (SEC) pushed the token near its all-time high in January but the price has then retreated to its current levels at around $2.3 per token as the macro backdrop is still unfavorable to cryptocurrencies.

Despite this temporary setback, XRP continues to be a highly attractive token as the Ripple blockchain now has a free pass to expand its reach in the United States.

The launch of Ripple USD (RLUSD), the network’s brand new native stablecoin, could mark a pivotal moment in its mission to become the go-to decentralized cross-border payments platform.

Ripple USD (RLUSD) Market Cap – Source: CoinMarketCap

The market cap of this token has surged from $50 to $300 million just a few months after its launch as multiple exchanges have embraced it.

A native stablecoin would allow users and institutions to send dollar-pegged payments through a secure network at a tiny fraction of the cost of using traditional systems like SWIFT.

As the demand for RLUSD increases, so should the network’s transaction volumes and, correspondingly, the demand for XRP.

Meanwhile, Cardano (ADA) has been resilient during the bear market as its price has retreated by just 16.4% since the year started.

Even though the Cardano network has failed at capitalizing on some of the most powerful trends in the crypto space like non-fungible tokens (NFTs), decentralized finance (DeFi), or even meme coins, the network has been up and running for years now and without any significant hiccups.

The project’s founder Charles Hoskinson has emphasized multiple times that the blockchain’s mission is centered on developing a platform through which real-world applications can be built instead of focusing on blockchain-based solutions for the crypto space primarily.

Looking at the weekly charts of these two tokens, an Elliott Wave analysis shows that their upside potential could be huge as the bear market seems to have reached a bottom.

XRP Could Climb to $7

XRP rose from $0.24 to $1.53 from October 2020 to May 2021 as low interest rates pushed the price of most financial assets to their highest levels this year.

XRP/USD Weekly Chart (Binance) – Source: TradingView

President Trump’s hostile measures on the trade front could force the Federal Reserve to lower rates despite higher inflation to prevent a recession.

In this scenario, history could repeat itself. Meanwhile, macro forces aside, XRP’s climb from its 4-wave lows to its last upward push before a sharp correction resulted in a 250% gain for the token in the near term.

If XRP faces a similar boost, it could climb to $7 from its current level. One factor favoring this prediction is the distance that XRP has now taken from its 200-day EMA, which is currently quite similar to the levels seen in this 2020-2021 period.

ADA to $14 in One Big Move

Similar to XRP, the weekly chart for Cardano shows significant similarities between ADA’s rally from $0.04 to $1.38.

ADA/USD Weekly Chart (Binance) – Source: TradingView

This significant climb unfolded in 17 months in the case of ADA – from January 2020 to May 2021.

One of the notable differences between the two tokens is that ADA delivered most of its gains in the last wave (from 4 to 5).

The last time, it resulted in a huge 2,200% boost to the price. If this is where we are now, as the charts seem to suggest, the price could rise from $0.7 to $16.

This means that ADA’s market cap would rise to $550 billion at least. Quite a wild scenario, indeed. Past results are not a guarantee of future performance. However, even if the rally is much weaker compared to this 2020-2021 period and delivers half of that upside, it would still mean that 10x gains are ahead for Cardano.