XRP’s latest value correction may very well be laying the groundwork for a significant upside transfer, in accordance to technical analyst EGRAG.
EGRAG projected that XRP might surge as excessive as $28.16 if historic value cycles repeat. That might mark a rally of greater than 857%.
The thesis hinges on cycle symmetry noticed in XRP’s earlier multi-year rallies, the place prolonged consolidation phases preceded sharp upward spikes.
Historic Cycles Inform the $28 Goal
EGRAG’s mannequin attracts comparisons to XRP’s efficiency in 2017/2018, when the token jumped from $0.048 to $0.06, consolidated, after which surged to $3.30 in early 2018.
The same construction occurred within the 2020–2021 cycle, throughout which XRP broke previous resistance after months of sideways buying and selling.
On this cycle, XRP rallied from roughly $0.44 in early 2024 to a January 2025 excessive of round $3.40 earlier than getting into its present correction section.
The rally projection relies on what EGRAG describes as a triangular consolidation sample spanning over 240 days. A descending resistance stage, dubbed the Bifrost Bridge, has capped XRP’s value since early 2025.
EGRAG’s charts spotlight the significance of this line: a confirmed breakout would replicate an identical setup seen within the 2017–2018 rally.
The logarithmic mannequin suggests a possible rally towards $48.90, whereas the linear projection is extra conservative, focusing on $4.89.
Analysts have highlighted a number of potential situations primarily based on Fibonacci retracement ranges and historical breakout points.
XRP has staged vital rallies after surpassing this stage, which EGRAG refers to as a “chasm” or pivotal value threshold. A sustained month-to-month shut above $3.03 might point out a shift in market sentiment and momentum.
EGRAG’s evaluation maps a triangular value construction that has fashioned over 300 plus days, suggesting breakout home windows in mid-September 2025.
A decisive breakout on this timeframe might mirror earlier cycles, when XRP’s consolidation durations resulted in steep rallies.
Nonetheless, broader crypto market circumstances stay a big issue. Regulatory uncertainty in the USA, ongoing litigation involving Ripple, and international liquidity shifts all contribute to the query of whether or not XRP achieves these targets.
The asset maintains a market capitalization, making it one of many prime 5 cryptocurrencies by market worth, in accordance to CoinMarketCap knowledge, which at present stands at $167 billion.
Whereas technical fashions present a structured roadmap, value forecasts in cryptocurrency markets are inherently speculative.
For context, earlier projections of comparable magnitude have typically taken months and even years to materialize. Ripple’s authorized battles with the U.S. Securities and Alternate Fee additionally add uncertainty. EGRAG CRYPTO’s case for an 857% XRP rally rests on repeating patterns which have outlined earlier market cycles.