Ripple (XRP) is one of the most promising cryptocurrencies to exist in the market as of date. The token has fought a variety of battles to reach the top spot and has ever since kept itself well distinguished from the lot. XRP is now a part of Trump’s crypto strategic reserve, which is giving the token more leverage than ever. At the same time, one analyst shared how XRP is gearing up to hit $27. Here’s when it may claim it.
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Ripple Eyes A Grand Price Mark
According to Egrag Crypto, a notable cryptocurrency analyst, Ripple (XRP) is eyeing a new price spot of $27, imitating its 2017 price stance. The expert says XRP’s chart is showing signs of gradual ascension, with the token moving at a steady pace. In 2017, XRP noted a stellar breakout session, which helped the token scale a new high. The surge was measured around 2500%, and the token took nearly 175 days to reach the top.
Egrag Crypto later shared how XRP is imitating a similar stance, as its 21 EMA has closed above a minor wick.
“🔍 Breaking Down the Chart:I’m analyzing a potential weekly channel formation, and here’s what stands out: ✅ In 2017, the start of the channel to the final breakout—leading to the cycle’s blow-off top—took around 175 days, with a 2,500% measured move from the low end of the channel! ✅ We’re seeing similar #XRP price action today, with the 21 EMA closing above and only a minor wick.”
He later shared how if this similar pattern is to be applied to the current market, then the chances are that the token may hit the $27 to $33 range in the next 28 days.
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“✅If we apply this same pattern to the current market, #XRP could surge to the 🔥 Fib 1.618 level, targeting $27-$33! ✅And guess what? Based on the 2017 cycle, this explosive move could happen within just 28 days! Are we on the verge of history repeating itself? #XRPFamily—Together We Rise! (Men lie, women lie, but charts don’t lie).”
While the token forecasts seem ambitious and grand, XRP’s soaring popularity post the crypto summit can help the token embody new speed.
#XRP – Snapshot 🖼️Cycle ($27-$33 by May 2025)
— EGRAG CRYPTO (@egragcrypto) March 4, 2025
Sometimes, I throw myself under the bus with time predictions ⏳, but honestly, it’s worth sharing with the community! Even though I know it might backfire, I still give it a shot.
Now, let me be clear—I never try to time the market… pic.twitter.com/hke20QC11Q
The Technical Analysis
Per CoinCodex, XRP may surge to sit at the $3 price mark by May 2025.
By September 2025, the token may hit a $3.58 price mark.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 45.23% and reach $ 3.58 by September 3, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 25 (extreme fear). XRP recorded 16/30 (53%) green days with 6.89% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
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