XRP enthusiasts have reason to be optimistic as analyst Egrag Crypto predicts a price surge to $15 by May 2025. Using technical tools like the Fibonacci levels and Elliott Wave theory, Egrag Crypto lays out a bullish path for the altcoin. The analysis centers on XRP's weekly price trajectory, signaling a potential leap despite short-term declines.
The prediction hinges on XRP completing its current phase, Wave 4, followed by a strong Wave 5. Previous Waves 1 and 3 saw significant price hikes, and Wave 5 is estimated to increase XRP's value by 391%. This bullish forecast encourages holders amid recent market downturns.
Despite facing selling pressures and trading at $2.18, XRP's fundamental aspects remain strong. Egrag Crypto's analysis provides a glimmer of hope for a price boost, emboldening XRP watchers as they await this potential rally around 2025.
