{"id":643362,"date":"2024-09-20T13:00:04","date_gmt":"2024-09-20T13:00:04","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=643362"},"modified":"2024-09-20T10:02:28","modified_gmt":"2024-09-20T10:02:28","slug":"xrp-price-surge-could-hit-9470-analyst-predicts-27-target-in-bold-forecast","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/xrp-price-surge-could-hit-9470-analyst-predicts-27-target-in-bold-forecast\/","title":{"rendered":"XRP Price Surge Could Hit 9,470% — Analyst Predicts $27 Target In Bold Forecast"},"content":{"rendered":"

Market analyst EGRAG Crypto created much buzz with his sensational XRP predictions — a possible spike of up to 9,468%. Based on historical price patterns and market cycles, this projection has caused quite a stir in the crypto community. EGRAG disclosed his prognosis via X (formerly Twitter), representing various scenarios that can impact the course of XRP, bringing together aggressive and conservative price estimates.<\/p>\n

Related Reading: Cardano Goes Bullish On-Chain: Can ADA Price Catch Up?<\/a><\/div>\n

Fundamentally, his estimate is based on a critical price point: the current cycle bottom of XRP<\/a> set at $0.28. According to EGRAG, the development of the token depends on this level. Should XRP maintain above it, we could see a big increase in value. From here, the analyst charts five possible price goals; the most cautious estimates a 932% rise.<\/p>\n

\n

#XRP<\/a> 5 Colors \/ 5 Scenarios – \u26aa\ufe0f\ud83d\udfe1\ud83d\udd34\ud83d\udd35\ud83d\udfe2 Choose Your Color!<\/p>\n

For illustration, I\u2019m using FIVE COLORS to break down where #XRP<\/a> could go based on historical pumps \ud83d\udcca\u2014keeping in mind that this cycle’s bottom is $0.28.<\/p>\n

Let\u2019s dive into the colors and their pump potentials:<\/p>\n

\u26aa\ufe0f\u2026 pic.twitter.com\/PBBOyEv1Hz<\/a><\/p>\n

\u2014 EGRAG CRYPTO (@egragcrypto) September 18, 2024<\/a><\/p><\/blockquote>\n

Five XRP Growth Scenarios<\/strong><\/h2>\n

Under EGRAG’s first scenario, XRP increases to $3, slightly under its all-time high of $3.31. This shows a significant comeback for the digital asset even though it would not set records. With a 1,563% price rise, the following scenario is more hopeful and would drive XRP to $4.85. This price would be the first time XRP surpassed its previous peak, marking a new high for the token.<\/p>\n

\"\"<\/p>\n

But it doesn\u2019t stop there. EGRAG also predicts a 2,030% rise, which would send XRP soaring to $6.22. He then shows an even more ambitious 2,530% increase to $7.68. EGRAG claims that these higher targets could come true if XRP crosses what he refers to as the “actual wake-up line,” a crucial trendline in his study. If the altcoin keeps on its path of ascent, a possibility for more profits could materialize.<\/p>\n

XRP is currently trading at $0.58. Chart: TradingView<\/a><\/figcaption><\/figure>\n

XRP’s Steady Rise And Stability<\/strong><\/h2>\n

Notwithstanding these audacious forecasts, one of XRP’s most remarkable qualities in recent months has been its stability. For 2,650 days, XRP<\/a> has maintained above a critical price level\u2014referred to as the “Bifrost Bridge”\u2014EGRAG notes. Solid market support is indicated by this flow, which EGRAG claims is an essential gauge of the value of the token. It has not exhibited indications of breaking down even in the face of market swings.<\/p>\n

\n

#XRP<\/a> Bifrost Bridge – 2,650 Days:<\/p>\n

The chart below is based on a 3-Month Time Frame and what\u2019s fascinating is that the Bifrost Bridge is STILL holding strong for #XRP<\/a>! \ud83d\udcaa This high time frame adds major weight and significance to what we\u2019re seeing here! \ud83d\udd25<\/p>\n

For nearly 2,650\u2026 pic.twitter.com\/teMKCrX4uF<\/a><\/p>\n

\u2014 EGRAG CRYPTO (@egragcrypto) September 19, 2024<\/a><\/p><\/blockquote>\n

\"\"<\/p>\n

Related Reading: Solana Active Addresses Hit 75 Million As SOL Breaches $140<\/a><\/div>\n

XRP has been steadily rising since its 2017 debut, flitting through periods of uptrends and consolidation, the analyst said. He noted that the present phase is “quite bullish,” indicating more higher momentum. The fact that the coin withstands market volatility adds to its appeal.<\/p>\n

Bullish Sentiment And Long-Term Outlook<\/h3>\n

EGRAG’s study’s most dramatic finding may be its most hopeful: a 9,468% price increase. If this happens, XRP might hit $27 per token. This estimate seems implausible, but EGRAG emphasizes that it is based on past pricing trends and uses only half of past wick measurements, keeping it grounded.<\/p>\n

Featured image from HiNeon, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Market analyst EGRAG Crypto created much buzz with his sensational XRP predictions — a possible spike of up to 9,468%. Based on historical price patterns and market cycles, this projection has caused quite a stir in the crypto community. EGRAG disclosed his prognosis via X (formerly Twitter), representing various scenarios that can impact the course of XRP, bringing together aggressive and conservative price estimates. Related Reading: Cardano Goes Bullish On-Chain: Can ADA Price Catch Up? Fundamentally, his estimate is based on a critical price point: the current cycle bottom of XRP set at $0.28. According to EGRAG, the development of the token depends on this level. Should XRP maintain above it, we could see a big increase in value. From here, the analyst charts five possible price goals; the most cautious estimates a 932% rise. #XRP 5 Colors \/ 5 Scenarios – \u26aa\ufe0f\ud83d\udfe1\ud83d\udd34\ud83d\udd35\ud83d\udfe2 Choose Your Color! For illustration, I\u2019m using FIVE COLORS to break down where #XRP could go based on historical pumps \ud83d\udcca\u2014keeping in mind that this cycle’s bottom is $0.28. Let\u2019s dive into the colors and their pump potentials: \u26aa\ufe0f\u2026 pic.twitter.com\/PBBOyEv1Hz \u2014 EGRAG CRYPTO (@egragcrypto) September 18, 2024 Five XRP Growth Scenarios Under EGRAG’s first scenario, XRP increases to $3, slightly under its all-time high of $3.31. This shows a significant comeback for the digital asset even though it would not set records. With a 1,563% price rise, the following scenario is more hopeful and would drive XRP to $4.85. This price would be the first time XRP surpassed its previous peak, marking a new high for the token. But it doesn\u2019t stop there. EGRAG also predicts a 2,030% rise, which would send XRP soaring to $6.22. He then shows an even more ambitious 2,530% increase to $7.68. EGRAG claims that these higher targets could come true if XRP crosses what he refers to as the “actual wake-up line,” a crucial trendline in his study. If the altcoin keeps on its path of ascent, a possibility for more profits could materialize. XRP’s Steady Rise And Stability Notwithstanding these audacious forecasts, one of XRP’s most remarkable qualities in recent months has been its stability. For 2,650 days, XRP has maintained above a critical price level\u2014referred to as the “Bifrost Bridge”\u2014EGRAG notes. Solid market support is indicated by this flow, which EGRAG claims is an essential gauge of the value of the token. It has not exhibited indications of breaking down even in the face of market swings. #XRP Bifrost Bridge – 2,650 Days: The chart below is based on a 3-Month Time Frame and what\u2019s fascinating is that the Bifrost Bridge is STILL holding strong for #XRP! \ud83d\udcaa This high time frame adds major weight and significance to what we\u2019re seeing here! \ud83d\udd25 For nearly 2,650\u2026 pic.twitter.com\/teMKCrX4uF \u2014 EGRAG CRYPTO (@egragcrypto) September 19, 2024 Related Reading: Solana Active Addresses Hit 75 Million As SOL Breaches $140 XRP has been steadily rising since its 2017 debut, flitting through periods of uptrends and consolidation, the analyst said. He noted that the present phase is “quite bullish,” indicating more higher momentum. The fact that the coin withstands market volatility adds to its appeal. Bullish Sentiment And Long-Term Outlook EGRAG’s study’s most dramatic finding may be its most hopeful: a 9,468% price increase. If this happens, XRP might hit $27 per token. This estimate seems implausible, but EGRAG emphasizes that it is based on past pricing trends and uses only half of past wick measurements, keeping it grounded. Featured image from HiNeon, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":643401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,3680,4531],"class_list":["post-643362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-ripple","tag-xrp"],"acf":[],"yoast_head":"\nXRP Trending Up Since April 2017 Breakout \u2014Analyst Explains Why<\/title>\n<meta name=\"description\" content=\"Market analyst EGRAG Crypto created much buzz with his sensational XRP predictions -- a possible spike of up to 9,468%. 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