- Crypto analyst Egrag Crypto predicts XRP could soar to $45 if it repeats its 2017 bull run pattern.
- In the short term, XRP eyes $5, with long-term targets ranging from $19 to $27 based on historical surges.
A well-known crypto analyst has reignited excitement in the XRP community with a bold prediction: XRP could skyrocket to $45—but only if history repeats itself.
Egrag Crypto, a respected figure in the digital asset space, recently pointed out that XRP may be gearing up for a massive rally similar to its 2017 price explosion. Back then, the token surged by a staggering 2,700%, fueled by a bullish break above the 21 Exponential Moving Average (EMA) and culminating in a dramatic blow-off top. If XRP follows a similar trajectory, Egrag believes the price could hit $45, a level that would send shockwaves across the market.
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But that’s not the only bullish scenario on the table.
The analyst also highlighted XRP’s performance during the 2021 bull run, when it rallied by 1,050% after breaking through both the 21 and 33 EMA. Should XRP replicate this move, it could at least reach $19, according to Egrag. He emphasized that his long-standing target remains $27, encouraging investors to dollar-cost average (DCA) in preparation.
In the short term, XRP is aiming for a more modest but still impressive milestone of $5. A recent CoinGape analysis suggested that the acquisition of Hidden Road could funnel $10 billion in trading volume into the XRP Ledger—an influx that might fuel this next leg up.
Bullish on-chain data supports the case as well. XRP recently hit a new all-time high in wallet addresses, signaling growing adoption and investor interest in Ripple’s native asset.
Adding more fuel to the speculative fire, analyst BarriC floated a dream-level price target of $1,000, though he admitted it would require mass adoption and a radical transformation in the financial system.
Whether XRP reaches $5, $45, or an eye-popping $1,000, one thing is clear: the bulls are watching closely, and history might just be ready to rhyme.
