- XRP’s ascending channel suggests potential breakout towards $15-$33 price range.
- Historical patterns point to a massive surge similar to 2017.
- Bull Market Support Band crucial for XRP’s upcoming price rally.
Top crypto analyst Egrag Crypto has made a bold prediction for XRP, setting a target price of $15 to $33 based on an in-depth technical analysis. According to Egrag’s chart analysis, XRP is currently navigating through an ascending channel, a pattern that has historically preceded significant price surges.
This channel suggests that XRP could soon break out to new all-time highs, with a price surge similar to what was seen in 2017 and 2021. Egrag Crypto points out that while an ascending channel typically breaks down 57% of the time, XRP has defied this pattern twice in the past, making a strong case for an upward breakout.
The chart shows that XRP has historically broken through the upper boundary of this channel, often resulting in explosive price movements. In 2017, XRP surged by 350%, and in 2021, it saw a 110% rise after retesting the upper channel.
The Bull Market Support Band (BMSB) Remains Key for XRP’s Trajectory
A crucial factor in Egrag’s analysis is the Bull Market Support Band (BMSB), which has been a consistent support level for XRP on the weekly chart. Egrag emphasizes that as long as XRP stays above this level and doesn’t close below it for multiple weeks, the outlook remains positive.
Despite the volatility experienced in 2020 due to the SEC lawsuit, XRP has managed to maintain its position within the ascending channel, making it well-positioned for the next breakout.
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Source: Egragcrypto
The analyst predicts that, based on the patterns observed in 2017 and 2021, XRP could see a price surge to anywhere between $15 and $33 once the breakout occurs. This projected surge is in line with previous gains, where XRP increased by over 350% and 110% after similar breakouts in earlier cycles.
Egrag’s Prediction for November 2025: A New Bull Run on the Horizon?
Egrag Crypto believes that the timing of this breakout will be crucial, with the analyst forecasting that the next major move for XRP could occur starting from November 27, 2025. If XRP follows the same historical trajectory, a significant price rally could be in the works, potentially pushing XRP to unprecedented levels.
As XRP’s market behavior continues to mirror past cycles, Egrag’s prediction has generated excitement within the XRP community. Investors are hopeful that the coin will once again defy expectations and reach new heights, driven by the combination of historical patterns and strong technical indicators.
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