Here are Two Scenarios That Could Push XRP Market Cap to $1T, Aligning with $20 Price

A notable market analyst presents two scenarios that could see XRP market cap reach unprecedented territory following the latest downturn.

For context, XRP recently experienced a major decline on the back of a broader market collapse. Notably, the asset fell below the $3 mark, causing its market cap to drop sharply. Its valuation briefly hit a low of $103 billion on Feb. 3 before recovering to $144.8 billion. 

This current market cap of $144.8 billion aligns with an XRP price of $2.51, as the asset continues to range under $3. Despite the current situation, some analysts believe the asset could see substantial growth, potentially reaching a market cap of $1 trillion or higher.  

EGRAG Crypto, a well-known market analyst, has presented two possible scenarios that could drive XRP’s price to new heights. These scenarios suggest that XRP could surpass previous records.  

XRP Targets $1T Market Cap and $20 Price

In his latest analysis, EGRAG highlighted that if XRP follows a measured move within its current channel, the market cap could reach as high as $4 trillion. 

If this happens, XRP’s price could surge to around $70. However, he admits that predicting when this might happen is difficult due to market fluctuations. 

Notably, data from his chart shows XRP market cap trading within a top white ascending channel. In the short term, he believes the upper boundary of the current channel sits around $300 billion. If XRP reaches this level, its price could range between $5 and $6. 

EGRAG then called attention to historical trends, particularly the 2017 cycle, where XRP saw explosive growth. Based on that pattern, he suggests that XRP’s market cap could initially reach $1.1 trillion. This increase would push the asset’s price to around $20.

A Wave-Based Market Cycle

Meanwhile, the second scenario presented by EGRAG follows a wave pattern, which suggests that XRP’s market cap could rise in phases. He predicts an initial rise to $500 billion during the third wave of this cycle.

It bears mentioning that Peter Brandt previously forecasted a rise in XRP’s market cap to $502 billion. Following this surge, EGRAG expects a correction in the fourth wave, potentially dropping the market cap to $200 billion. 

However, after this pullback, a final upward move, which he refers to as a “blow-off top,” could propel the market cap to $1 trillion. At this stage, XRP market cap would align with the Fibonacci 1.618 level.  

XRP Deviates from 2017 Fractal

Interestingly, while EGRAG and other analysts continue to see parallels with the 2017 cycle, another market watcher, Dom, now disagrees. In a recent disclosure, he argued that XRP no longer follows the 2017 fractal and that comparing current trends to past movements is a mistake.  

$XRP

In my opinion, 2017 is now irrelevant

I see many trying to pinpoint comparison to 2017 still, I think it's a waste of time

The fractal has broken. We are in a new era and game now…

Sometime the rear view helps, but not anymore IMO pic.twitter.com/03ePoONaNV

— Dom (@traderview2) February 4, 2025

This comes on the back of XRP’s price movements since January 2025, which appear to have deviated from the path from 2017. Notably, Dom believes the market has entered uncharted territory. In his view, looking back at past patterns may no longer be useful. 

He stressed that XRP’s price action has now evolved into something new, and investors should treat the current market as an entirely new one rather than relying on historical similarities.