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XRP Price Surge to $8 Is Closer Than You Think – 3 Critical Levels That Could Trigger Ripple Hit $130 

7d ago
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The known crypto analyst Egrag Crypto has shared his analysis of XRP’s future in an X post. Based on his analysis he still believes that this coin can reach $130 which is a bold prediction. He referred to his previous XRP price prediction, mentioning that $130 is a macro target for the coin. He also mentioned that only a few people in the market understand what is happening as XRP goes for a parabolic breakout. Additionally, he stresses that XRP is close to one of its biggest explosive growth periods ever, stating that “eruption is near.” 

XRP Set to Soar: $8 Mid-Term Target Revealed

This crypto expert also published another XRP price prediction recently where he mentioned that in the mid-term XRP could reach $8. He added that a bullish signal for XRP is if the coin reaches $2.66 and closes above this price point. Additionally, the next bullish indicator is reaching and closing at a $2.97 value. Next, he pinpointed a break above the $3.40 ATH level, which based on his analysis is a bullish confirmation. A break above XRP’s current ATH means a new ATH between $5 to $8 is coming.

Chart 1 – Provided by CasiTrades, published on TradingView, March 21, 2025

Based on Chart 1, another crypto analysis also affirms a bullish sentiment for XRP. This analysis comes from the crypto expert CasiTrades. In her opinion, although XRP has experienced a dip close to its 0.5 retracement level it still holds strong. Based on her analysis even in its crash under $2.40, XRP’s movements have been contained in the channel. This is highlighted by how even after this drop, XRP is closing at 1.236 extension for Wave C. She also mentioned that this price movement is the common Wave 4 pattern.

Critical Bullish Moment Approaches: New ATH Ahead?

According to this pattern if the price does not experience further breakdowns, reaching new all-time highs is likely. CasiTrades mentioned that if the price is kept inside the channel, In the short term XRP could reach $2.70. She predicted the $2.65 to $2.70 range as a possible target, warning about the criticality of this moment. Based on her analysis the $2.70 is the critical level that can support XRP’s price to a new ATH. Breaking the $2.45 level was also mentioned as one of the first conformations of a Bullish movement.

Bullish Sentiment Holds Despite XRP Price Dip

She stressed that a failure to go above $2.45 leads to a fall below the 0.618 retracement level. This possible crash to 0.618 retracements, translates to XRP’s price declining to $2.36. However, she also mentioned that a dip likely will not change the bullish sentiment on the macro level. This bullish sentiment was confirmed by XRP’s price continuing its movement above the  0.382 retracement level. The 0.382 retracement level equals $2.25 and based on her analysis XRP price surge will continue even higher. This next higher short-term target is $3.40.

Ripple Lawsuit Ends: XRP Set for Major Surge

In addition to the bullish results from the technical indicators the fundamental indicators also support a future XRP price surge. Yesterday the Ripple CEO announced that the SEC is closing its lawsuit on XRP. This legal battle has had a bearish effect on XRP’s growth, which was apparent in 2021’s altcoin rally. As such its recent end represents a bullish development for XRP. Moreover, there are also other fundamental developments that support price growth. This development is the recent approval of XRP’s Futures contracts which can bring on new investors and more liquidity.

The post XRP Price Surge to $8 Is Closer Than You Think – 3 Critical Levels That Could Trigger Ripple Hit $130  appeared first on Coinfomania.

7d ago
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