2,700% XRP Rise? Analyst Predicts Monster Move Based On The Charts #xrp

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A well-known crypto analyst, going by the name Egrag Crypto, has laid out some eye-popping targets for XRP. According to his charts, the token could climb as high as $45, a 2,700% jump from its current price.

A more modest scenario would still send it to $19, up a little over 1,000%. He points to past cycles where similar moves took shape over roughly 770 days. Yet not everyone is on board with his bullish outlook.

Historical Moves And Cycle Timing

Based on reports, Egrag Crypto stresses that XRP’s rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after surging 2,770%. Then in 2021 it jumped 1,052% to about $1.80.

Each rally was marked by a bearish crossover on the 21 EMA and the 33 MA, followed by sideway trading for around 777 days after the 2018 peak and 770 days after the 2021 high. He believes the same setup started late in 2024, when XRP climbed nearly sixfold from its previous low.