XRP Primed for 1,050% Rally? Analyst Points to ’Undeniable’ Chart Signals

Forget moon shots—this crypto call’s riding a rocket. One technical analyst insists XRP’s charts scream buy, with a potential 1,050% surge that’d send the token to $27. No hopium here—just trend lines, Fibonacci levels, and the cold, hard candlesticks that traders live by.

Of course, in crypto-land, ’inevitable’ breakouts have a habit of face-planting into regulatory walls or whale sell-offs. But hey, if the pattern holds, Ripple’s army of bagholders might finally break even—just in time for the next SEC lawsuit.

XRP chart by Egrag Based on these historical movements, Egrag believes XRP may now be entering another “blow-off top” phase of a new bullish cycle. This cycle started taking shape in late 2024, when XRP’s value increased nearly sixfold. Egrag and other bullish commentators suggest this rally could continue, potentially culminating in a dramatic price spike similar to previous cycles. If history repeats, a 2,700% increase could bring XRP to $45, while a more conservative 1,050% surge could send it to $19. Strategy to Employ on the Journey While one of Egrag’s ultimate targets remains around $27, he urges caution. The analyst recommends a Dollar-Cost Averaging (DCA) approach to mitigate risk and gradually build a position in XRP. Similarly, he advises taking profits using the same measured strategy of selling at strategic levels rather than all at once. Caution for XRP Enthusiasts Despite Egrag’s optimism, not all analysts share the bullish outlook. Market watcher Koroush AK warns that this is not the time to be bullish on XRP. He believes it’s time to short the asset. The pundit points to increasing bearish momentum and predicts a possible drop to $1.30. Other prominent voices echo this sentiment. Analyst Cole Garner strongly advocates for shorting XRP, while trader Crashius Clay argues that XRP is significantly overvalued with limited support and weakening retail demand. Notably, Clay has disclosed a short position of $1 million on the asset.