Market analyst EGRAG Crypto caused excitement with his bold prediction of a 9,468% surge in XRP’s price, potentially reaching $27. The forecast, shared via X (formerly Twitter), is based on historical price patterns and market cycles.
According to EGRAG, the current cycle bottom for XRP is at $0.28. If XRP maintains above this level, it could see significant gains. EGRAG outlines five scenarios ranging from a 932% increase to $3 up to a 2,530% increase to $7.68.
One remarkable aspect of XRP is its stability; for 2,650 days, it has remained above the “Bifrost Bridge,” a critical price level. This stability suggests solid market support and adds weight to the optimistic price predictions.
Notably, EGRAG highlights the most dramatic price increase of 9,468%, potentially taking XRP to $27 per token. While this forecast may seem implausible, it is based on past pricing trends and uses only half of past wick measurements, making it more grounded.
