XRP Path to $27 Revealed, But it Will Touch These Targets First

XRP could be headed for a significant surge, according to seasoned crypto market analyst EGRAG Crypto. His analysis points to a familiar bullish pattern emerging after the digital asset recently retested the 21-week Exponential Moving Average (EMA), a key technical indicator that has historically preceded major rallies.

Despite broader market sluggishness, XRP has held steady around the $2.19 level, the same price range it opened the month of May with. This consolidation phase, while seemingly uneventful on the surface, may be setting the groundwork for an explosive move upward.

Lessons From XRP’s Historical Price Action

EGRAG’s analysis draws on historical chart patterns dating back to previous market cycles. Particularly, during the 2017-2018 bull run, XRP broke above the 21 EMA in March 2017 after months of rejection.

That breakout triggered a massive 7,000% rally from $0.005 to nearly $0.40 within a few weeks. The asset later consolidated while repeatedly retesting the 21 EMA. Following that period, XRP surged again, eventually peaking at $3.80 in January 2018.

A similar pattern unfolded in late 2020 and early 2021. XRP pushed above the 21 EMA, climbed to $0.79, and then pulled back to retest the moving average before continuing its run to $1.96 in April 2021, gaining more than 400% in the process.

Also Read: Ripple vs. SEC: Pundit Says Buy More XRP as This Major Update is Expected on June 13

XRP Mirrors Previous Breakout Structure in 2025

Now, in 2025, XRP appears to be following the same script. It rallied from the $0.50 range in November 2024, spurred by optimism surrounding U.S. elections and improving regulatory sentiment. By January 2025, it hit a local high of $3.40 before beginning a pullback and retesting the 21 EMA.

According to EGRAG, this ongoing consolidation may be the calm before another major breakout. If the pattern holds, XRP could be entering the same explosive phase it experienced in 2017 and 2021, where post-retest rallies led to triple-digit gains within weeks.

Potential Price Targets: $10, $18, and $27

EGRAG has identified three major price targets based on Fibonacci extensions and historical performance. The conservative target sits at $10, a 425% rise from current levels. A more optimistic projection would see XRP climb to $18, marking a 1,000% gain. His ultimate target is $27, which would require a staggering 1,600% rally.

Importantly, the timeline for such moves has also been mapped out. Based on previous market cycles, XRP took eight to ten weeks after retesting the 21 EMA to reach its respective peaks. If this historical rhythm repeats, XRP could hit new all-time highs by late July or early August 2025.

On-Chain Metrics Support Bullish Outlook

Market fundamentals appear to support this technical setup. Data from blockchain analytics platforms like Santiment and Glassnode show that whale wallets, those holding between one million and ten million XRP, have been steadily accumulating.

At the same time, centralized exchange outflows have increased, typically a sign of reduced selling pressure and rising investor confidence.

Additionally, Ripple’s growing role in international payments continues to drive demand for XRP. Recent partnerships across Latin America and Asia have brought the token back into the spotlight, positioning it as a legitimate competitor to traditional SWIFT-based systems.

Despite lingering uncertainty surrounding Ripple’s legal challenges with the U.S. Securities and Exchange Commission, investor sentiment remains positive. Many believe a favorable regulatory resolution could act as a further catalyst, unlocking pent-up institutional interest in XRP.

Moreover, analysts suggest that Ripple’s continued focus on utility, particularly in remittances and cross-border payments, gives XRP a functional edge in a market often dominated by speculative assets.

Conclusion: Pattern or Coincidence?

While some may argue that historical data does not guarantee future results, the similarities in XRP’s price structure across three distinct cycles are hard to ignore. If the current trajectory holds, the next few weeks could be critical.

With the right combination of technical momentum, institutional interest, and supportive macro developments, XRP may indeed be on track to challenge new highs. Whether or not it hits $27, one thing is clear, XRP’s next move will be closely watched by traders and investors around the world.

Also Read: Ripple CTO Sparks XRP Frenzy With Mysterious “$11,106” Jackpot Tweet

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