$XRP With XRP below $3, analysts say that XRP price could see a trend reversal from the current sell-off with a target of $27 and above. 

XRP price may see a “1,500% pump” into double digits within four weeks, according to popular market analyst Egrag Crypto. 

In his latest analysis, he used the Bull Market Support Band (BMSB), a moving average support band that is used to tell whether the market is in a determining whether we’re in a bull run or a bear cycle.

XRP price is above the BMSB, suggesting the market is still bullish. 

This mirrors a 2017 fractal when the XRP price touched the Purple Foundation and nearly hit the BMSB, leading to an incredible 1500% surge in just 4 weeks. This rally targeted the 1.618 Fibonacci extension level from the cycle low.

Currently, XRP has dipped to the Purple Foundation of this cycle and made contact with the BMSB, as shown in the chart below.

If history repeats itself, the analyst says it may result in 1500%