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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

XRP To $27 In 60 Days? Analyst Sees Deja Vu In Price Action

Christian Encila
Christian Encila
6 months ago
2 mins read
XRP

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Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June. This prediction hinges on a look back at how XRP has behaved in the past. The crypto market has been a bit bumpy lately, and XRP has felt that too, much like other digital coins.

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Echoes From The Past

Crypto analyst Egrag Crypto is pointing to a recurring pattern in XRP’s price history. He sees similarities between the current market situation and what happened back in 2017 and 2018, during a major crypto boom.

If this pattern plays out again, XRP could see a massive increase in value. We’re talking about a possible rise of around 718% from where it is now.

#XRP – $27 In 60 Days!!!!!

Historical Patterns Indicate It Can Be Done in 60 Days! 📅🚀

What’s your take on the current market sentiment? 🤔

Are you feeling #Bearish or #Bullish? 📉📈

I’d love to hear your thoughts—drop your comments below! 💬👇 pic.twitter.com/kDSAo8rENt

— EGRAG CRYPTO (@egragcrypto) March 31, 2025

Key Numbers To Watch

For this prediction to even start looking real, XRP needs to break through some important price points. The immediate challenges are around $2.62 and then $3.0. After that, the report highlights $3.4 as a really crucial level.

Getting past these numbers could signal that the upward trend is gaining strength. The analyst also suggests that if XRP does climb significantly, the area around $9.7 might be a good place for people to take some profits before aiming for the ambitious $27 target.

XRP market cap currently at $126 billion. Chart: TradingView.com

What Could Fuel The Rise

At the time of writing, XRP was trading at $2.15. The altcoin was up nearly 4% in the last 24 hours, but sustained a 12% drop in the last week, data from Coingecko shows.

Meanwhile, several things could help push XRP towards that $27 mark. More people buying in would be among the factors.

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Could XRP Actually Reach $10,000? Expert Weighs In

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Positive news on regulations and geopolitical tensions may also come into play. And of course, if the whole crypto market begins to rise, that wave may also lift XRP.

There’s a lot to take into account, and the world of crypto is all about the rollercoaster ride. Only time will tell if history will indeed repeat itself here.

Featured image from Gemini Imagen, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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