The analyst expects to increase XRP from $ 27 to $ 120: This is the reason

An analyst on the prominent market says now She strongly believes that XRP follows her fractures for the year 2017, indicating that it can rise to the price of three numbers of its first goal.

This comment came from Egrag Crypto, seasoned analyst, And XRP Permabull. It is worth noting that the analyst was Constantly suggest That XRP can Follow The 2017 style, which he saw as a high price of $ 3.8 ever by January 2018.

However, the end analysis He indicates that he is now More convinced that this style plays well. For the context, the 2017 XRP price traffic increased by 6,319 % from $ 0.0062 in March 2017 to a preliminary peak of $ 0.3988 in May 2017. After this range, XRP witnessed a decrease and unification before resuming up to $ 3.8 in January 2018.

XRP after 2017 fractional?

It is interesting, He appears The origin follows these fractures, the presence 578 % rose From $ 0.5 in November 2024 to $ 3.39 in January 2025. As in 2017, this is the first leap Met Resistance, which led to withdrawal, with the uniformity of XRP in a period of three months so far.

With this last price, EGRAG now She strongly believes that XRP repeats price movements for the year 2017. this It indicates that another leg may be on the horizon. However, in his comment, the market analyst admitted that although XRP can follow 2017 fractures, he may face a delay or an acceleration in timing.

additional, Data from His plan shows that XRP is currently Trading within the Elliott 5 wave structure. For the context, the origin of this structure began last November, with a height of $ 3.39 in January 2025 Alignment With the end of the wave 1.

Meanwhile, the correction of this peak paid $ 3.39 XRP to wave 2, with Altcoin currently trading in this wave. The EGRAG chart notes that the third wave, which will start when it begins XRP engineers to a recovery from this correction, to great gains.

He sees EGRAG XRP exceeding $ 27 to $ 120

According to the EGRAG’s scheme, WAVE 3 can end with XRP to a goal of $ 27 this summer (between June and September 2025). Interestingly, the market analyst has constantly defended this goal of $ 27, noting varying incentives. Last December, it is Proposal XRP can reach this price as soon as 21 EMA He crosses above what he called BOS break.

However, the last EGRAG suspension indicates that the 27 dollar sign is not its XRP final. The XRP chart displays maybe It collapsed from the 27 dollar sign to a decrease of up to $ 5 during the fourth wave. According to him, This fourth wave will be played over the next three years, leading to the bear market.

However, the recovery will result with this with the fifth and final wave. for him The graph suggests that this fifth wave can pay prices beyond the peak of $ 27 to the highest new level ever at $ 120. It is worth noting that $ 120 ambitious The target will celebrate a massive increase of 5,072 % over the current XRP price of $ 2.32. Interestingly, at $ 120, the XRP market ceiling will rise to about 7 trillion dollars.