XRP Plunge or Power-Up? Analyst Predicts 1,500% Drop Could Catapult Price to $27

Hold onto your wallets—XRP might be gearing up for a wild ride. One expert’s eyebrow-raising forecast suggests a 1,500% nosedive could paradoxically launch the token to $27. Yes, you read that right.

The Crash That Could Fuel a Rally

Market veterans know crypto’s golden rule: what goes down might just rocket back up. This ‘drop zone’ scenario hinges on a brutal correction clearing out weak hands—classic ‘blood in the streets’ stuff that makes hedge funds salivate.

The $27 Question

If the math holds, that theoretical rebound would hand early believers a payday that’d make even Bitcoin maximalists blink. Of course, this assumes the ‘expert’ isn’t just another talking head chasing clicks—because in crypto, everyone’s a genius until the leverage flips.

Buckle up. Whether this plays out as prophecy or panic, one thing’s certain: the charts won’t be boring. And if you believe the hype? Maybe set a reminder to check your portfolio before the Wall Street boys ‘discover’ the pattern and front-run the rest of us.

XRP 1M Reverse Chart | EGRAG Crypto Meanwhile, Cycle 2, which occurred from 2020 to 2021, followed a similar pattern but with smaller gains. XRP broke above the 21 EMA and rallied 150%, pulled back again, and then climbed another 500%. EGRAG sees these repeated phases as a pattern that XRP could follow once more in the current cycle. XRP Could Hit $27 in the Current Cycle Now in Cycle 3, XRP has already crossed above the 21 EMA again. So far, EGRAG estimates the ongoing move represents a 430% rise. Right now, he believes XRP is in the middle of a retracement, which should bring the price back in line with the 21 EMA. If the price stays above $2, he expects the EMA will slope downward to meet XRP soon. According to him, what happens next is extremely important. Based on past trends, XRP could be in for another big leg up. If the current cycle plays out like the first, XRP might reach as high as $46. If it follows the second cycle instead, a move to $12 is more likely.  Taking the average of these two scenarios, EGRAG lands on a projected gain of 1,500%. That WOULD put XRP at a target of around $30. However, he personally sees $27 as a more realistic level.  The market analyst has persistently projected this $27 price. Most recently, he suggested XRP could hit the $27 mark in 60 days, citing its 2017 run. Currently, XRP changes hands at $2.29, down 2% in the past 24 hours. To reach the $27 price from this level, XRP must rise 1,079%.