XRP Dominance Could Drive XRP to $27, Analyst Says

XRP dominance is once again in focus as prominent market analyst EGRAG Crypto outlines a bullish scenario that could propel XRP to a staggering $27—contingent upon a breakout in its market share and overall crypto market expansion.

EGRAG, known for his consistent optimism on XRP’s potential, has turned his attention to the digital asset’s dominance within the total cryptocurrency market. He highlighted a key technical resistance area on the XRP.D monthly chart, which could be the turning point for a significant rally if broken.

XRP Dominance Struggles at Key Fibonacci Resistance

The analyst specifically referenced the Fibonacci 0.5 level as a technically significant resistance line. Currently positioned at 5.75%, this level previously acted as a roadblock, suppressing further gains in XRP’s share of the crypto market. Historically, XRP achieved peak dominance in May 2017 at 31.33% when it reached a then-record high price of $3.80.

Since that peak, XRP’s dominance has seen considerable fluctuations. In October 2019, as XRP climbed to $0.3149, its dominance briefly surged above the Fib. 0.5 marker to 6.1%. However, this move proved short-lived, with dominance crashing to 2.77% by June 2020. A similar pattern emerged in November 2020, when XRP’s price spiked 243% to $0.79. This pushed its dominance just over the 6% mark once again, but the start of Ripple’s SEC lawsuit in December 2020 sent it tumbling to just 1.31%—a 74% drop in a single month.

Another Retest Signals Potential Breakout

Currently, XRP is once again retesting that key 5.75% Fib. 0.5 resistance level. At the start of 2025, XRP hit a seven-year high of $3.40, lifting its dominance to 5.58%. After a brief dip during February’s pullback, the token once again approached the resistance zone in March, coinciding with a brief rally that exceeded the $3 mark. This was in part due to news around XRP’s addition to the U.S. government’s digital asset holdings.

According to EGRAG, repeatedly testing this resistance increases the likelihood of finally breaking past it and establishing new momentum. He likens this to continuously knocking on a door—eventually, someone opens it. Backing this theory is the fact that XRP has hit this resistance level four times since 2019. A fifth attempt could be the tipping point, leading to a sustained move upward.

Forecasting XRP at $27

If XRP dominance manages to decisively break out, EGRAG anticipates the formation of a bullish pattern known as a “bull flag,” a setup often interpreted as a precursor to rapid market growth. In this scenario, he envisions XRP’s market dominance climbing to 27%.

The analyst also laid out a macro projection in which the total cryptocurrency market capitalization reaches $5.5 trillion. This would represent a robust 67% advance from today’s value of roughly $3.29 trillion. If XRP were to secure 27% of a $5.5 trillion market, its market cap would be approximately $1.485 trillion. By calculation, this would place each XRP token at $27.

Related: Expert Advice: Sell XRP If You’re Confused

Given that XRP trades around $2.16 at the time of writing, this implies a potential 1,150% upside from current levels—a target contingent upon XRP surpassing a crucial dominance threshold and continued expansion across the crypto market.