A notable market analyst presents what he thinks could happen with XRP after it finally claims the next psychological levels of $4–$5.
XRP has been one of the top performers of the ongoing bull cycle after underperforming earlier. As a result, it has recovered several psychological price levels it relinquished over the past few years.
Particularly, XRP reclaimed the $1 mark on Nov. 16, 2024 and then went further to reach the $2 region on Dec. 1, 2024. However, it was not until this year, on Jan. 15, 2025, that XRP recovered $3.
XRP Eyes Next Psychological Level
Market participants now eye the $4 psychological region as XRP’s next target, with market watcher Ali Martinez persistently championing a push toward it. Amid the bullish sentiments, EGRAG Crypto, a notable analyst, has presented what he thinks could be XRP’s fate after it reaches the $4.4 to $5 mark.
In his analysis, the market commentator called attention to the XRP’s price action over the 1-week timeframe, leveraging the exclusive Optimizer indicator, which backtests and compares all possible moving averages to identify the most profitable strategy.
Data from the chart shows that the Optimizer has been instrumental in identifying market highs. EGRAG identified three peak regions for XRP from 2017 to the current cycle. The first peak was $0.2274 in May 2017 and the second was $3.06 in January 2018. Meanwhile, the third peak was $1.98 in April 2021.
XRP’s Possible Direction from $4
Interestingly, EGRAG’s chart asserts that XRP has the potential to reach a fourth peak around $4.40 in the current market cycle. However, the analyst sees this level, which rests between $4 and $5, as a region capable of either pushing prices further up or triggering a massive pullback.
He called attention to a similar price action from the $3.06 peak in January 2018, which resulted in a massive correction. The current movements mirror this push, but EGRAG is confident XRP would witness a more substantial run this time.
Should this materialize, he has already presented three lofty targets for XRP. First, XRP needs to rally 38%-57% from its current price to reach $4.4-$5. From here, if the bulls emerge victorious, EGRAG sets a first target of $13. This price level would demand a 308% surge from XRP.
Further, if XRP conquers the $13 mark, EGRAG expects further upside toward $27, a price target he has consistently championed. XRP would need to rally 107% from $13 to hit $27. Meanwhile, EGRAG eyes an ultimate target of $44 if the bull run persists, marking a further 62% rise from $27.
Currently, XRP changes hands at $3.18, up 3.18% over the past 24 hours. Despite the consistent market uncertainty, XRP has continued to defend the $3 much like it defended the $2 mark throughout December 2024. The bulls must maintain this $3 region if they wish to reach $4-$5.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
