XRP’s Wild Ride: Analyst Predicts $46 Surge Across Three Market Cycles

Buckle up—XRP might be gearing up for a rollercoaster rally. One analyst charts a path where the embattled token could hit $46, but it won’t be a straight shot. Here’s the breakdown.

The Three-Act Play: Forget moonshots—this prediction hinges on three distinct market cycles, each layering momentum like a crypto lasagna. No guarantees, just pattern-spotting from someone who probably owns a laser-eyed Twitter avatar.

Why $46? The number isn’t plucked from thin air (or is it?). It’s tied to historical fractals and—let’s be honest—that eternal hope Ripple’s legal drama finally ends with a champagne pop instead of a whimper.

Reality Check: Sure, $46 would make XRP whales dance. But remember: analysts predicted ‘Bitcoin at $100K by 2021’ too. The market’s got a dark sense of humor—and a habit of humbling hopium.

XRP Price To Reach $46 If It Mirrors Cycle One

In an X post, Egrag Crypto stated that market participants could see the XRP price touching $46 if the altcoin repeats a pattern like the first cycle. He highlighted the historical pattern in cycle one, in which XRP dropped below the 21 Exponential Moving Average (EMA) and then dropped an incredible 5,550%. The altcoin then retraced back to the 21 EMA and then dropped another 2,500%. 

Meanwhile, the crypto analyst predicts that the XRP price can reach $12 if it follows cycle 2. In the second cycle, XRP dropped below the 21 EMA, which led to a 150% breakdown. The altcoin then retraced to the 21 EMA, before it fell again by 500%. Egrag Crypto noted that averaging these projections of a 2,500% and 500% surge gives almost 1,500%, which roughly suggests a target of $30. However, the analyst stated that his estimate is $27. 

Commenting on this current cycle, which is the third cycle, the analyst revealed that the XRP price has dropped below the 21 EMA, with a potential rise of 430%. He further noted that the altcoin is retracing back to touch the 21 EMA. If XRP stays above $2, Egrag Crypto claims that the EMA will descend to meet the price. He affirmed that it is coming and very soon. 

The Altcoin To Hit $27 In Just 60 Days?

In another analysis, Egrag Crypto raised the possibility of the XRP price gaining 1,700% and rallying to $27 in just 60 days. He stated that if XRP is repeating the last section or pattern from October 2017, then the altcoin might be on the brink of a major breakout soon. Back then, it took the altcoin about 63 days to explode and set a new all-time high (ATH), surging by 1,772%. 

If history repeats itself, Egrag Crypto is confident that the XRP price could be approaching $27 within the next 63 days. He reminded market participants that securing profits along the way is always wise as the altcoin rallies to this target. The analyst also revealed that breaking the $3 mark, the high from the February 24 candle this year, is the ultimate target in preparation for the rally to double digits. 

At the time of writing, the XRP price is trading at around $2.33, up in the last 24 hours, according to data from CoinMarketCap.