Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June. This prediction hinges on a look back at how XRP has behaved in the past. The crypto market has been a bit bumpy lately, and XRP has felt that too, much like other digital coins.
Echoes From The Past
Crypto analyst Egrag Crypto is pointing to a recurring pattern in XRP’s price history. He sees similarities between the current market situation and what happened back in 2017 and 2018, during a major crypto boom.
If this pattern plays out again, XRP could see a massive increase in value. We’re talking about a possible rise of around 718% from where it is now.
#XRP – $27 In 60 Days!!!!!
Historical Patterns Indicate It Can Be Done in 60 Days!
What’s your take on the current market sentiment?
Are you feeling #Bearish or #Bullish?
I’d love to hear your thoughts—drop your comments below! pic.twitter.com/kDSAo8rENt
— EGRAG CRYPTO (@egragcrypto) March 31, 2025
Key Numbers To Watch
For this prediction to even start looking real, XRP needs to break through some important price points. The immediate challenges are around $2.62 and then $3.0. After that, the report highlights $3.4 as a really crucial level.
Getting past these numbers could signal that the upward trend is gaining strength. The analyst also suggests that if XRP does climb significantly, the area around $9.7 might be a good place for people to take some profits before aiming for the ambitious $27 target.
What Could Fuel The Rise
At the time of writing, XRP was trading at $2.15. The altcoin was up nearly 4% in the last 24 hours, but sustained a 12% drop in the last week, data from Coingecko shows.
Meanwhile, several things could help push XRP towards that $27 mark. More people buying in would be among the factors.
Positive news on regulations and geopolitical tensions may also come into play. And of course, if the whole crypto market begins to rise, that wave may also lift XRP.
There’s a lot to take into account, and the world of crypto is all about the rollercoaster ride. Only time will tell if history will indeed repeat itself here.
Featured image from Gemini Imagen, chart from TradingView
