A bold forecast from renowned technical analyst EGRAG Crypto is stirring excitement in the XRP community. According to his analysis, XRP could reach a price of 27 USD each, equivalent to capturing 27% of the total cryptocurrency market cap, bringing XRP’s market cap to around 1.5 trillion USD. This is a shocking figure, but EGRAG believes this is entirely justified from a technical and historical chart perspective.
Historical Barrier: Fibonacci Level 0.5
The focus of EGRAG's analysis is on XRP's dominance chart, specifically its relationship with the Fibonacci level 0.5 — a level considered strong resistance. In October 2019 and November 2020, XRP hit this level and subsequently experienced a sharp decline. History may repeat itself in January and March 2025, when XRP could again be rejected at this very resistance level.
EGRAG views XRP as "knocking on the door" multiple times. According to technical principles, the more times you knock, the higher the chance the "door" will break. XRP has knocked four times, and the fifth time is approaching, according to EGRAG, it could be when the door bursts open – meaning a historic breakout in market dominance.
Bull Flag Pattern and Potential Breakout
Another factor emphasized by EGRAG is the formation of a bull flag pattern on XRP's dominance chart. This is a continuation pattern that typically occurs after a significant rise and indicates the potential for further increases.
If it breaks out of this model, XRP could begin a strong upward cycle in the overall market share. Achieving a 27% dominance would be an unprecedented milestone since Bitcoin's absolute dominance, and it would elevate XRP to a market-leading position in a time when blockchain is being applied more than ever.
XRP Price 27 USD – A Great or Legendary Prospect?
EGRAG's projection is based on the assumption that the total crypto market capitalization will reach approximately 5.5 trillion USD in the future. If XRP captures 27% of that, its market cap would be 1.485 trillion USD – equivalent to a price of 27 USD per XRP. While it may sound unrealistic, EGRAG emphasizes that this calculation is logical and backed by clear technical models.
However, for that to happen, many factors must align: the crypto market continues to develop, central banks integrate blockchain technology, and particularly the role of Ripple – the developer of XRP – in promoting the tokenization of real assets, collaborating with financial institutions, and deploying stablecoins like RLUSD.
Realistic Perspective
While this forecast raises many hopes, it should be noted that this is merely a personal opinion based on technical analysis. No one can be certain about the future of the market, and all investment decisions should be based on independent research and an understanding of risks.
