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XRP is once again the subject of daring forecasts, the market researcher Egrag Crypto providing for a significant price boom. According to him, a major breakthrough indicates that Xrp could reach $ 27 in the coming months. This prediction has aroused discussions between investors, with a certain optimistic and other doubtful.
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XRP escape from a 7 year old triangle
Egrag Crypto could not be more optimistic about his projection. He assured investors a month “Go change their lives forever.” He bases these forecasts on a critical break in a seven -year -old symmetrical triangle.
In November 2024, XRP violated this trend, causing a spectacular wave of 283%. The escape led him to believe that the token is on the verge of another explosive movement.
#Xrp – 1 month will change your life forever ($ 9.7 – $ 27)
The power of market waves and accounts
When @Elon musk added #BTC At the last cycle of Tesla’s assessment, many thought that all companies would follow. They did not do it. The stories come and go, but the markets move in cycles.… pic.twitter.com/dtgfqjeue2– Egrag Crypto (@egragcrypto) March 7, 2025
Many traders use these trend lines to locate possible pricing models. The case is that previous eruptions have caused significant price movements and that history is often repeated. However, other observers believe that legal obstacles and macroeconomic variables could challenge XRP development.
Key levels to follow
There is no straight line at $ 27. Egrag Crypto explains that the major XRP obstacle must overcome. The token must first drill $ 2.62, then drop to $ 3.00 and $ 3.40. Historically, these prices have been key obstacles, preventing the XRP from going up.
If XRP gets rid of these obstacles effectively, the following goal is about $ 6. Egrag planned in December 2024 that by the end of the month, this level will be reached. His latest prospects suggest that a thrust beyond $ 6 could lead to a full gathering around $ 27.
Comparisons with the Bull Run 2017
Part of the excitement around this prediction comes from historical tendencies. Egrag Crypto and others made comparisons between the current XRP trajectory and its performances in 2017. At the time, XRP experienced a massive rally which brought its price from a few cents to a summit of $ 3.40.
If the token follows a similar path, a gathering of more than 700% could be at stake. This would mean that XRP goes from its current levels to $ 27. Although such a decision is not impossible on the cryptography market, skeptics warn that past performance does not guarantee future results.
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Skepticism and prudence of investors
Not everyone is convinced. THE Continuous legal contributions Between Ripple and the SEC is one of the regulatory problems with which XRP has been confronted. These legal questions worry certain traders because they could stop any significant price movement.
In addition, wider market conditions, such as interest rate decisions and the action of bitcoin prices, could influence if XRP sees another massive rally or remains linked to the beach.
Despite these doubts, Egrag Crypto is always sure of his estimate. Whether XRP reaches $ 27 or not, the next major movement for the next few months will be essential to decide. Investors will watch closely to see if this daring projection is realized.
At the time of writing, XRP was merchant at $ 2.19, Down 1.60% and 17.53% in daily and weekly executives.
Star image of Gemini Imagen, tradingView graphic
