EGRAG CRYPTO, a well-known analyst, recently published his XRP price prediction that is gaining significant attention. The forecast indicates the potential for XRP to reach up to $44 in the next big move.
Multiple XRP Price Targets
According to the chart provided by EGRAG CRYPTO, the price of XRP has followed a long-term ascending trendline stretching from 2017 to 2025. This trendline has served as a support zone. Above it lies a previously established resistance zone between $0.58 and $0.68, which has been tested multiple times and now appears to be acting as support. The analyst identifies four price targets: $15 as a conservative level, $22 as a standard measurement, $27 as a personal target, and $44 as an extended target. These targets are backed by historical market performance and structured technical markers.
XRP Technical Structure and Market Behavior
The chart outlines past XRP rallies marked by arrows representing prior bullish cycles. The yellow arrow refers to the 2017-2018 breakout, while the blue and red arrows indicate attempted breakouts around 2020-2021 and 2021-2022. Each of these attempts failed to sustain above the resistance level, reinforcing its strength. However, the chart now shows a confirmed breakout above this level in early 2024, with XRP maintaining price action above it. This consolidation phase is interpreted as a possible launch pad for further upward movement.
XRP Historical Context and Forward Outlook
EGRAG's forecast builds on XRP's historical price patterns and aims to guide market participants with realistic yet ambitious targets. The technical analysis references accumulation periods and market cycles. With XRP trading above previous resistance and holding a long-term trendline, the chart reflects conditions often associated with large upward moves.
EGRAG CRYPTO's forecast provides different trading strategies, offering exit options at various stages depending on risk tolerance. The extended $44 target is based on long-term measurements, while the $15 and $22 levels serve as more moderate checkpoints.
