Despite recent market consolidation, $XRP may be on the verge of a game-changing breakout. Market analysts believe that if history repeats itself, XRP could skyrocket to $27 in just over two months representing a 1,700% rally from current levels.
Echoes of 2017: Is XRP About to Go Parabolic?
According to crypto strategist EGRAG CRYPTO, XRP is mirroring its 2017 breakout pattern, when the coin surged 1,772% over a 63-day span to hit its all-time high of $3.84. If a similar trend unfolds, XRP could climb to $27 by July 21, 2025.
The analyst highlighted that the 21-week EMA is acting as a strong support level, crucial to maintaining bullish momentum. He noted that as long as XRP holds above the $2.30 range, bulls remain firmly in control. A push past $3.00 would serve as the ultimate breakout trigger.
Adding fuel to the fire, pro-crypto lawyer John Deaton has boldly predicted that XRP could soon surpass Ethereum, further intensifying bullish sentiment in the community.
XRP ETF Buzz: Is Institutional Adoption the Next Catalyst?
Beyond chart patterns, XRP is gaining momentum from growing speculation around a potential XRP ETF. Asset management giants like Grayscale, Bitwise, and CoinShares have all filed applications for XRP-based ETFs in the U.S.
Although the SEC has delayed its decisions, optimism remains high that at least one approval could land this year. This potential ETF greenlight is keeping investor sentiment elevated and supporting XRP’s price during market pullbacks.
On-Chain Signals Flash Bullish
XRP's recent price action supports the bullish thesis. The coin recently touched $2.645 amid a broader crypto rally that saw Bitcoin hit a fresh ATH above $109,000. XRP has since cooled slightly, trading around $2.349 at press time still up 0.83% over the past week.
If XRP closes above the key Fib 1.414 level ($2.70) in the coming sessions, it could confirm sustained bullish momentum. All eyes will then be on the $3.00 resistance, a breakout point that could ignite the push toward $27.
Is XRP the Next Big Breakout?
While the path to $27 remains speculative, the confluence of historical patterns, bullish technicals, ETF speculation, and a strong support base paints a compelling picture for XRP’s future. Should market conditions align, XRP could become one of the biggest comeback stories of the next crypto bull cycle.
