XRP Could Skyrocket 1,050%–2,700%, Analyst Claims

XRP, despite facing widespread market pessimism, is drawing attention once again as a respected analyst projects massive potential gains based on historic price action and technical signals.

Egrag, a well-recognized figure in the crypto analytics space, predicts that XRP could undergo a remarkable surge — either climbing 1,050% to hit $19 or soaring as much as 2,700% to reach $45. These projections stem from his study of XRP’s previous market cycles and patterns, which he says offer strong clues about where the token is headed next.

Emphasizing the value of technical charts in forecasting trends, Egrag made a bold declaration: “Men lie, women lie, but charts don’t!” According to him, despite current bearish market sentiment, certain technical triggers suggest XRP might be preparing for another explosive run. He references how the token behaved in earlier cycles — mainly in 2017 and 2021 — and notes distinct correlations that may now be reappearing.

The Case for a Bullish Cycle

Egrag underlines correlations with past mega-rallies in XRP, specifically events in 2017 and 2021. In both cases, XRP experienced a bearish crossover involving the 21-day Exponential Moving Average (EMA) and the 33-day Moving Average (MA), followed by a long consolidation phase. Then, after around 770 days, XRP experienced dramatic upward moves.

For instance, XRP skyrocketed 2,772% in 2017 to $3.25, and again gained 1,052% in 2021 to reach about $1.81. These breakouts corresponded with consolidation periods of 777 days and 770 days, respectively, based on peaks from prior cycles.

According to his analysis, a similar consolidation timeframe appears to be coming to a close. Since late 2024, XRP has already seen a sixfold increase, suggesting that the wheels may be turning for yet another powerful run-up.

Highlighting technical indicators and historical fractals, Egrag believes that XRP has now entered the early phases of what he terms a “blow-off top” — a rapid, parabolic price increase that marks the climax of a bullish cycle. This aligns with his past models and chart analysis which seemingly mirror earlier explosive moves, such as the Elliott Wave pattern from 2017.

Investment Strategy: Play It Smart

Although projecting ambitious price targets — including an intermediate milestone of $27, discussed in one of his earlier analyses — Egrag advises against impulsive investing. He encourages a disciplined Dollar-Cost Averaging (DCA) strategy, allowing investors to build their positions gradually while reducing risk exposure.

Furthermore, he advises investors to adopt a staggered profit-taking approach. Instead of attempting to time the absolute peak, Egrag recommends scaling out of positions at target intervals. This strategy counters market volatility and emotional decision-making.

Contrasting Views: Warnings From Bearish Experts

Despite Egrag’s confident outlook, several market analysts express skepticism over XRP’s immediate prospects. For example, Koroush AK recently advised traders that it’s a favorable time to short XRP, forecasting a decline toward $1.30 amid growing downward pressure.

Similarly, trader Cole Garner insists the current market setup justifies short positions and harshly critiques XRP’s valuation metrics. Echoing this sentiment, Crashius Clay, another vocal trader, considers XRP to be overvalued and suffering from declining interest among retail investors. In a striking move, he has even disclosed a $1 million short position, arguing that XRP may be among the hardest-hit crypto assets during broader market corrections.

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

Ultimately, while predictions vary, what remains clear is that XRP continues to be among the most polarizing assets in the crypto landscape. As historical patterns face off against present market skepticism, both bullish and bearish traders are watching closely for the next decisive move.