{"id":562814,"date":"2023-11-28T17:00:07","date_gmt":"2023-11-28T17:00:07","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=562814"},"modified":"2024-06-11T07:46:29","modified_gmt":"2024-06-11T07:46:29","slug":"crypto-4400-xrp-price-27","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/ripple\/crypto-4400-xrp-price-27\/","title":{"rendered":"Crypto Analyst Predicts 4400% XRP Price Surge To $27, Here’s When"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/span><\/a> continues to maintain his bullish stance on the <\/span>XRP token<\/span><\/a>. This time, he is predicting that the token could rise <\/span>to as high as $27<\/span><\/a>. He also laid out why this is a real possibility.\u00a0<\/span><\/p>\n

How XRP Could Climb To $27<\/h2>\n

In a <\/span>post<\/span><\/a> shared on his X (formerly Twitter) platform, Egrag highlighted $1.3, $3, $5.8, and $27 as the \u201cnext stops\u201d for XRP. He <\/span>mentioned that $27<\/span><\/a> feels like a \u201cplausible target,\u201d having the 2017 surge in mind when the token saw <\/span>a 61,000% gain in 280 days<\/span><\/a>. According to Egrag, on the way to $27, $3 and $5.8 \u201cstand as critical milestones.\u201d\u00a0<\/span><\/p>\n

Once that is done, the road isn\u2019t going to be all clear for the token on the way to $27, though. The analyst believes that XRP pushing to between $6 and $7 might come with \u201csome turbulence.\u201d He further shared a chart to illustrate how the current price action and a \u201cyellow fractal pattern\u201d indicate a striking similarity.\u00a0<\/span><\/p>\n

\"XRP<\/p>\n

Source: X<\/pre>\n
Egrag noted that if the pattern persists, then the community can expect XRP to hit $0.55, followed by $0.75. If that happens, the crypto analyst stated that the next level will be the pivotal goal of $1.3, which happens to be a crucial resistance level.<\/span><\/p>\n
Egrag seemed very optimistic about the future of XRP. He mentioned that the ecosystem is set to enjoy a surge of liquidity in the next bull run. He also alluded to the fact that XRP happens to be the safest investment choice as a result of the <\/span>regulatory clarity<\/span><\/a> it enjoys.\u00a0<\/span><\/p>\n
\"XRP<\/p>\n
Price recovers after brief dip | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
Regulatory Clarity Is The Biggest Selling Point<\/h2>\n
Regulatory clarity continues to be a constant as many analysts tip XRP as one of the tokens that are going to see immense gains in the <\/span>next bull run<\/span><\/a>. Recently, prominent crypto analyst CryptoInsightUk shared his thoughts on whether XRP could enjoy a similar success to the one back in 2017.\u00a0<\/span><\/p>\n
One of the factors that he mentioned is the fact that XRP is in \u201ca unique position\u201d following Judge Analisa Torres\u2019 ruling that the token isn\u2019t a security in itself. <\/span>Ex-banker and financial expert Kyren<\/span><\/a> also <\/span>alluded<\/span><\/a> to this fact when he mentioned that the next bull run \u201cwill be a special one for XRP.\u201d<\/span><\/p>\n
Related Reading: Renowned Finance Author Says Buy Bitcoin Now Before It\u2019s Too Late, Here\u2019s Why<\/a><\/div>\n
Ripple\u2019s Chief Legal Officer (CLO) Stuart Alderoty had <\/span>previously mentioned<\/span><\/a> that XRP has a unique positioning in the US since it has been <\/span>declared as a non-security<\/span><\/a>.\u00a0<\/span><\/p>\n
This regulatory clarity is believed to have helped revive interest in the token. Many exchanges have also gone to <\/span>relist the token<\/span><\/a>, and many seem to be <\/span>showing more interest in XRP.<\/span><\/a>\u00a0<\/span><\/p>\n
Featured image from The Daily Hodl, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Egrag Crypto continues to maintain his bullish stance on the XRP token. This time, he is predicting that the token could rise to as high as $27. He also laid out why this is a real possibility.\u00a0 How XRP Could Climb To $27 In a post shared on his X (formerly Twitter) platform, Egrag highlighted $1.3, $3, $5.8, and $27 as the \u201cnext stops\u201d for XRP. He mentioned that $27 feels like a \u201cplausible target,\u201d having the 2017 surge in mind when the token saw a 61,000% gain in 280 days. According to Egrag, on the way to $27, $3 and $5.8 \u201cstand as critical milestones.\u201d\u00a0 Once that is done, the road isn\u2019t going to be all clear for the token on the way to $27, though. The analyst believes that XRP pushing to between $6 and $7 might come with \u201csome turbulence.\u201d He further shared a chart to illustrate how the current price action and a \u201cyellow fractal pattern\u201d indicate a striking similarity.\u00a0 Source: X Egrag noted that if the pattern persists, then the community can expect XRP to hit $0.55, followed by $0.75. If that happens, the crypto analyst stated that the next level will be the pivotal goal of $1.3, which happens to be a crucial resistance level. Egrag seemed very optimistic about the future of XRP. He mentioned that the ecosystem is set to enjoy a surge of liquidity in the next bull run. He also alluded to the fact that XRP happens to be the safest investment choice as a result of the regulatory clarity it enjoys.\u00a0 Price recovers after brief dip | Source: XRPUSD on Tradingview.com Regulatory Clarity Is The Biggest Selling Point Regulatory clarity continues to be a constant as many analysts tip XRP as one of the tokens that are going to see immense gains in the next bull run. Recently, prominent crypto analyst CryptoInsightUk shared his thoughts on whether XRP could enjoy a similar success to the one back in 2017.\u00a0 One of the factors that he mentioned is the fact that XRP is in \u201ca unique position\u201d following Judge Analisa Torres\u2019 ruling that the token isn\u2019t a security in itself. Ex-banker and financial expert Kyren also alluded to this fact when he mentioned that the next bull run \u201cwill be a special one for XRP.\u201d Related Reading: Renowned Finance Author Says Buy Bitcoin Now Before It\u2019s Too Late, Here\u2019s Why Ripple\u2019s Chief Legal Officer (CLO) Stuart Alderoty had previously mentioned that XRP has a unique positioning in the US since it has been declared as a non-security.\u00a0 This regulatory clarity is believed to have helped revive interest in the token. Many exchanges have also gone to relist the token, and many seem to be showing more interest in XRP.\u00a0 Featured image from The Daily Hodl, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":562827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,90501,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-562814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analsyt","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nCrypto Analyst Predicts 4400% XRP Price Surge To $27, Here's When<\/title>\n<meta name=\"description\" content=\"Crypto analyst Egrag Crypto continues to 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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