Expert Predicts XRP Could Reach Double-Digit Prices

XRP price is currently hovering just under $3, facing challenges as the cryptocurrency market experiences volatility. Some analysts believe this might be a peak for XRP in this cycle, but not everyone agrees. Crypto Rover predicts that XRP’s price could reach between $3.20 and $4.80 within the coming months, suggesting a modest gain rather than explosive rallies seen by many XRP enthusiasts. However, one prominent chart analyst, EGRAG Crypto, challenges these predictions, stating they are too low. According to EGRAG, XRP hasn’t spent over four years and 72 two-month candles grinding through cycles just to top out at $4. Instead, he believes the next move could be even more significant. EGRAG’s argument rests on long-term charts showing a strong probability of an explosive rally if XRP closes the July–August candle above $2, marking the highest two-month close in its history. He points to Fibonacci levels as a basis for his predictions. First, he targets $3.31, which was XRP’s all-time high back in January 2021. From there, EGRAG expects to see significant price increases: to $8.37 (a fresh all-time high), then $13.56 for the first time ever reaching double digits and finally, he suggests a cycle top at $27.17 based on XRP’s historical consolidation and accumulation. However, EGRAG also acknowledges that a substantial correction could follow if XRP reaches these levels, possibly all the way back down to $0.80. Meanwhile, XRP continues to struggle to hold the $3 mark amidst a volatile market. But if EGRAG’s predictions come true, this might be just the calm before the biggest XRP rally yet. A two-month close above $2 would already signify a historic milestone for the asset, and for permabulls, it’s an early indication that something much bigger could be on its way.