Analyst EGRAG suggests XRP may significantly increase in market capitalization, potentially reaching $1.5 trillion. This article explores the key aspects of his forecast.
Technical Signals Indicate Possible Upside
EGRAG bases his forecast on a long-term technical analysis of XRP's market cap charts. He noted the presence of a 'W' structure, which is typically viewed as a bullish signal. He believes the formation of this structure was completed in January 2025.
Forecasts Range from $270 Billion to $1.5 Trillion
EGRAG outlines two scenarios for XRP's market capitalization. On a standard scale, his target is approximately $270 billion, while on a logarithmic scale, forecasts are more optimistic, potentially reaching $1.5 trillion.
Projected Prices Based on Market Cap Targets
The analyst clarified that if the market cap reaches $270 billion, the price of XRP would rise to $4.60. At $450 billion, it would be valued at $7.66, at $978 billion it could hit $16.65, and under the highest scenario of $1.5 trillion, the token could be worth about $25.56.
Despite the bullish outlook, EGRAG emphasizes that market cap should not be the sole measure of value and advises investors to act prudently.
