Recognized analyst projects that XRP could skyrocket 1,700% in two months.
According to EGRAG CRYPTO, XRP could soar by 1,700% in the next 60 days. The 21-week EMA shows that XRP's bullish momentum could continue with strength. XRP could reach $27 if market conditions align in its favor, the analyst projects.
The price of XRP could be facing an opportunity to rewrite its history. According to projections by analyst EGRAG CRYPTO, based on technical analysis, the cryptocurrency has the potential to soar by 1,700% in the next two months, reaching a value close to $27, a level that would mark a new and exponential all-time high (ATH). To understand this forecast, it is key to observe the dynamics of XRP trends and the behavioral patterns in the market.
XRP's behavior in October 2017 serves as a crucial reference for EGRAG CRYPTO. During that period, the cryptocurrency experienced a rally of more than 1,700% in just 63 days, reaching its all-time high (ATH) of $3.40. Now, the analyst suggests that the altcoin could be following a similar trajectory, which could lead the price of the altcoin to $27 before the end of July 2025.
A key factor in this prediction is the behavior of the 21-week EMA, which has provided a crucial support level for XRP, preventing the altcoin from falling below $2.3. This technical support indicates that bullish momentum could be maintained as long as the price of XRP remains above this threshold.
According to EGRAG CRYPTO's analysis, a close above the Fibonacci level of 1.414, which corresponds to $2.7, could indicate a significant bullish breakout. Surpassing $3 would strengthen the projection of an increase to $27.
