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- XRP could reach $27 based on key Fibonacci levels and historical chart patterns.
- Ripple’s SEC victory and growing institutional adoption boost XRP’s market potential and investor confidence.
- Technical indicators show bullish momentum. Key support and resistance levels are guiding price movements.
Ripple’s XRP has recently been a hot topic. But recent predictions suggest that the cryptocurrency might be gearing up for something huge. According to Egrag Crypto, a respected analyst, XRP could reach as high as $27. The key to this potential rise lies in three important Fibonacci (Fib) levels, which could serve as critical price targets. Let’s dive into what makes these levels so significant and why Egrag believes a jump to $27 is not out of reach.
#XRP – The Kangaroo Will Jump!
(3 Fibs)
As long as we stay above $2, we’re on the safest foundation!
. Many moons
ago, I mentioned that $2 would mark the FOMO STAGE and ignition phase.
The shape and formation of the March 2025 candle is strikingly similar to October… pic.twitter.com/c4k9z2464f
— EGRAG CRYPTO (@egragcrypto) April 6, 2025
The Importance of $2: A Strong Foundation
Egrag Crypto has consistently pointed to $2 as a crucial level for XRP’s price. Staying above this price is essential for XRP to maintain a strong foundation for future growth. Many months ago, Egrag predicted that $2 would mark the start of what he called the “FOMO stage,” a phase where excitement and buying pressure would start to surge.
Egrag’s analysis looks at past market behavior, particularly comparing the current trend to the one in 2017. Back then, XRP saw explosive growth after a period of consolidation. Egrag has noted that the March 2025 candle formation looks very similar to October 2017’s chart, suggesting that history may be repeating itself. If this pattern holds, XRP could soon be heading toward double-digit prices.
Three Fibonacci Levels to Watch
Egrag believes XRP’s price could follow the $7.50, $13.70, and $27.30 Fibonacci levels. These key price levels are often used by traders to predict where prices might head next. According to Egrag, if XRP continues to follow this pattern, the price could gradually rise toward these levels.
XRP is currently priced at about $2.04, but reaching $7.50, $13.70, or even $27.30 might not be as far off as some think. There’s real optimism around XRP right now, and for good reason. A huge part of that is the end of Ripple’s long battle with the SEC. Now that the legal stuff is behind them, investors are jumping back in, and there’s a noticeable boost in buying interest.
With the regulatory mess cleared up, Ripple’s On-Demand Liquidity (ODL) service is making waves by offering fast, low-cost payments across borders. As more financial institutions start using RippleNet, the demand for XRP could skyrocket, and with that, the price could follow suit.
