According to cryptocurrency analyst EGRAG CRYPTO, XRP may be on the verge of a major breakthrough, with predictions that the price could rise to $27 and achieve 27% dominance. If realized, this would equate to an astonishing market capitalization of XRP at $1.485 trillion—nearly one-third of the total cryptocurrency market value expected to be $5.5 trillion.
Key Resistance Level: Fibonacci 0.5 Barrier
EGRAG emphasizes the importance of the Fib 0.5 threshold as a long-term resistance zone for XRP's dominance.
Historically, this level has acted as a barrier during significant market fluctuations in October 2019, November 2020, and more recently in January and March 2025. Continuous rejection at this level may now be setting the stage for a decisive breakthrough.
The Type of Analysis 'Knock Knock'
The analyst uses the metaphor of resistance like a door—each attempt to break through it increases the chances of a successful breakthrough. XRP's dominance has tested this resistance four times. According to EGRAG, the upcoming fifth attempt could be the breakout moment, triggering a bullish flag pattern and moving towards the 27% dominance target.
Implications for the Market: Cryptocurrency Market Cap Reaching $5.5 Trillion?
If XRP reaches $27 and secures 27% dominance, the implied total market capitalization of cryptocurrency would surge to approximately $5.5 trillion. Even if the total market capitalization stabilizes at $5.5 trillion, XRP's market share would translate to about $1.485 trillion—supporting EGRAG's long-term target for this asset.
This analysis, while very optimistic, underscores the importance of the next resistance test and broader market momentum. Traders and investors will closely monitor XRP's behavior at the Fib 0.5 level in the coming weeks.