XRP Forecasts Heat Up as Analysts Eye Triple-Digit Gains
Speculation around XRP is gaining momentum again, with analysts drawing comparisons to previous bull markets to outline bold price projections.
One prominent voice, Egrag Crypto, has suggested the token could rocket to as high as $45 if it follows a similar path to its explosive rally back in 2017.
Referencing historical chart patterns, Egrag pointed to XRP’s past behavior during major market cycles. In 2017, the token bounced off the 21-day exponential moving average (EMA) before launching into a 2,700% surge—an event he believes could repeat, potentially propelling XRP into the $45 range. If, instead, XRP mirrors its more modest 2021 rally, a target closer to $19 becomes more likely, he said. That year, the altcoin pushed through the 21 and 33 EMAs, then staged a 1,050% gain before topping out.
Egrag maintains a long-standing $27 price objective and recommends dollar-cost averaging (DCA) for those looking to build a position as momentum builds. In the near term, he sees $5 as a realistic milestone, especially with developments like Hidden Road’s entry potentially adding up to $10 billion in trading volume to the XRP Ledger.
XRP’s fundamentals appear to be improving as well. On-chain data shows the number of wallet addresses has hit an all-time high, signaling increased participation and adoption of Ripple’s native asset.
While $45 may sound ambitious, it’s far from the boldest projection out there. Another analyst, BarriC, believes that if XRP achieves widespread real-world utility and there’s a significant shift in the global financial system, the token could eventually reach $1,000. He emphasized this wouldn’t happen overnight, but argued that such a transformation, once underway, could be unstoppable.
These lofty forecasts may seem far-fetched, but they underscore growing confidence in XRP’s long-term prospects. Whether driven by fundamentals, market cycles, or a structural shift in finance, the belief in XRP’s upside is clearly alive and well.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
