2,700% XRP Rise? Analyst Predicts Monster Move Based On The Charts

Christian Encila

1 month ago

3 mins read

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A well-known crypto analyst, going by the name Egrag Crypto, has laid out some eye-popping targets for XRP. According to his charts, the token could climb as high as $45, a 2,700% jump from its current price.

A more modest scenario would still send it to $19, up a little over 1,000%. He points to past cycles where similar moves took shape over roughly 770 days. Yet not everyone is on board with his bullish outlook.

Historical Moves And Cycle Timing

Based on reports, Egrag Crypto stresses that XRP’s rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after surging 2,770%. Then in 2021 it jumped 1,052% to about $1.80.

Each rally was marked by a bearish crossover on the 21 EMA and the 33 MA, followed by sideway trading for around 777 days after the 2018 peak and 770 days after the 2021 high. He believes the same setup started late in 2024, when XRP climbed nearly sixfold from its previous low.

#XRP – Targeting $19 or $45?

🟣Charts
Men lie, women lie, but charts don’t! 📊 I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire! 💰

🟣Human… pic.twitter.com/YasA4k98fd

— EGRAG CRYPTO (@egragcrypto) April 11, 2025

Bullish Targets And Risks

According to the analysis, a repeat of past moves could push XRP as high as $45. A less aggressive run would still see it reach $19. Egrag Crypto even points to an intermediate target of about $27 as a likely milestone.

Those numbers assume a straight path up, but markets rarely move in straight lines. Big jumps often end with sharp pullbacks. Traders chasing 2,700% gains could face long wait times and steep drops.

XRP is currently trading at $2.33. Chart: TradingView

Bearish Views Gain Ground

Other voices warn against getting swept up in the hype. Market watcher Koroush says now is a time for shorts. He pegs a possible decline to $1.30. Others favor a short bias, pointing to weakening demand and faltering momentum.

Advice For Traders

Egrag Crypto recommends a simple Dollar-Cost Averaging plan. Buy small amounts at regular intervals. That way, no one big buy leaves you exposed. He says to sell in slices, too. Lock in gains at key levels instead of betting everything on the top. This kind of step-by-step play can cut losses and smooth out wild swings.

Other people are also looking into any new crypto to invest in for achieving big winnings.

Looking Ahead

The debate around XRP’s next phase is far from over. Historical charts show one side of the story. On-chain trends, legal battles, and macro factors tell another. If charts really don’t lie, as Egrag Crypto quips, XRP might be gearing up for a fireworks show.

Featured image from Unsplash, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.