Crypto analyst Egrag Crypto has shared a comparative study of Ethereum (ETH) and XRP, employing a Fibonacci extension method to analyze both assets’ historical price movements. His analysis utilizes the 2018 market peak and the 2020 market bottom as reference points for projections. Egrag’s calculations suggest that ETH could reach up to $7,700-$8,000 based on its 1.618 Fibonacci extension, while XRP’s projection falls between $27 and $31 using the same method. However, Egrag questions why some technical analysts are seemingly accepting ETH’s projected target but rejecting the same for XRP. He highlights that consistent application of identical parameters to analyze both assets yields inconsistent reasoning – either reflecting bias or a lack of objective technical analysis.