Market analyst EGRAG Crypto has made a bold prediction, suggesting that XRP's symmetrical triangle breakout could propel its price to double-digit figures, potentially reaching $27. According to EGRAG, the next month could be life-changing for investors.
XRP is currently trading around $2, down 18% from its recent high of $3.02 on March 2, 2025, following Donald Trump's initial disclosure about the U.S. crypto reserve. Despite the broader crypto market's turbulence due to macroeconomic uncertainties, EGRAG remains bullish on XRP, a coin he has long supported.
### **XRP Could Target $9.7 Midpoint**
EGRAG's analysis indicates that XRP is experiencing a post-breakout pullback, a common price action after a significant breakout. In November 2024, XRP broke out of a seven-year symmetrical triangle, surging 283% in a single month. The coin continued its upward trend, gaining 6.43% in December 2024 and 45.98% in January 2025, before correcting in February 2025.
EGRAG believes this correction is healthy and expects XRP to rebound strongly. He has set two price targets: the first at $9.7, which aligns with the midpoint of the triangle breakout. Analysts like Alex Clay have also projected a run to $10. EGRAG advises investors targeting $10 to use a laddering strategy, selling portions of their holdings at $8, $9, and finally at $10.
### **Potential Rally to $27 if 2017 Fractal Repeats**
EGRAG also highlights the possibility of XRP repeating its 2017/2018 bull run performance, where it surged 718% from $0.35 to $0.39. Applying the same percentage increase to XRP's current cycle top of $3.4 (reached in January 2025), the coin could potentially rally to $27. EGRAG previously predicted this target in December 2024, citing XRP's price action above the Break of Structure (BOS).
The analyst emphasizes that XRP's momentum could flip from bearish to bullish within a month, stating, "One month will change your life forever." He also stresses the importance of understanding market cycles, noting that while bullish news like institutional interest may come and go, the market will always follow its cyclical patterns.
At the time of writing, XRP is trading at $2.17, down 6.3% in the last 24 hours.
**Disclaimer:** This content is for informational purposes only and should not be considered financial advice. The views expressed are the author's personal opinions and do not reflect the stance of Binance Square. Readers should conduct their own research before making any investment decisions. Binance Square is not responsible for any financial losses.
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