Crypto analyst Egrag Crypto anticipates an 8,400% increase in XRP's price, projecting it to rise to $44, a target he deems "conservative." This prediction is based on the current cycle and Fib Channel, identifying $44 as the target tied to the Fib 0.702 channel.
Egrag Crypto suggests that the XRP price could ascend even further during the current bull run. Other analysts, like Javon Marks, see potential for XRP to reach $200, pointing to a breakout from a longstanding Pennant pattern and a Logarithmic Follow-Through.
Marks predicts a short-term XRP price of $3.3, approaching its ATH of $3.8. He believes the crypto's confirmed hidden bull divergences since 2022 indicate imminent bull breakout timing, potentially leading to substantial gains.
Egrag Crypto outlined a "worst-case scenario," forecasting XRP would at least attain a price range between $2.3 and $5.89. His reasoning includes XRP's past performance, notably a 10x surge post-SEC lawsuit dismissal, and potential mirroring of Bitcoin's movements.
