XRP’s price has absolutely exploded recently! It’s gone from around $0.50 in early December to a peak of $2.82 – that’s a massive 460% increase! This has everyone talking, especially about long-term predictions.
A Prediction That Paid Off
Crypto analyst EGRAG CRYPTO is getting a lot of attention right now. Back in August 2022, he made a bold prediction: XRP would hit double digits. At the time, XRP was trading around $0.387, so this was a seriously bullish call. He used Fibonacci extension indicators to reach this conclusion, believing a breakout from key resistance levels would trigger significant growth.
Now, with XRP briefly touching $2.82, his prediction looks pretty good. He’s reminded his followers of his earlier analysis, suggesting even bigger gains are ahead.
Where’s XRP Headed Next?
EGRAG CRYPTO’s 2022 analysis outlined several price targets using Fibonacci extensions: $0.60, $0.91, $1.23, $3.56, and a long-term target of $32. Amazingly, XRP has already surpassed the first three targets in just four weeks!
If this momentum continues, $3.56 (a further 36% increase from the current price) could be reached before the end of the year. That would also break the previous all-time high of $3.40. The long-term $32 target is projected for sometime in 2025.
Even more recently, EGRAG CRYPTO has suggested that XRP could hit $17 or even $27. He’s leaving it up to us to decide which target is more likely!
Currently, XRP is trading slightly below its recent peak, around $2.62, but the overall trend is undeniably bullish. This incredible run is a testament to the power of long-term analysis and the volatility of the crypto market.
