“All Roads Lead to Rome”: Analyst Expects XRP Triangle Breakout to Push to $27

“All roads lead to Rome,” analyst EGRAG says, as he suggests XRP could follow one of two paths to $27 after its triangle breakout.

EGRAG presented this analysis while speaking on XRP’s future prospects amid the recent market uncertainty. Specifically, after an impressive 8.2% increase on Dec. 1 and 2, XRP has not lost 1.72% of its value today, with the resistance at the $2.2 proving extremely stubborn. 

While short-term price action remains indecisive, EGRAG believes XRP could soar to a two-digit price in the long term. According to him, XRP has two paths to follow from the current position, but either of these paths would eventually lead to this two-digit price target.

XRP Price Action After Symmetrical Triangle Breakout 

Data from the 2-week chart shows that a previous breakout from XRP’s multi-year symmetrical triangle is the major factor that could catapult prices to the lofty target. For context, the lower ascending trendline of this triangle, which EGRAG calls the Hestia Line, began forming from early 2017 and acts as a support line.

Meanwhile, the upper descending trendline of the triangle started forming in January 2018, after XRP dropped from the $3.31 peak. This upper trendline had acted as resistance, posing a roadblock to higher price surges until XRP engineered a breakout in November 2024 when it soared 580% from $0.5 to $3.4 by January 2025.

However, following the $3.4 peak, XRP has failed to decisively push forward, trading between $1.6 and $3.6 throughout the year. EGRAG’s chart suggests that the token would need to retest support at a lower trendline before the bulls could take over to launch a rally above this range.

XRP Could Follow Either of 2 Paths to $27

Nonetheless, amid the current price action, XRP has now formed a second lower trendline in addition to the symmetrical triangle’s Hestia Line. As a result, the token’s path could either see it drop slightly to retest this second trendline or collapse deeper to retest the Hestia Line before a rebound.

Specifically, a minor drop to retest the $2 support at the second trendline represents XRP’s first path. Meanwhile, a deeper correction to retest the $0.85 support at the Hestia support line represents XRP’s second path.

According to EGRAG, both paths would eventually lead to the ultimate target of $27. However, he noted that the first path, which involves a drop to around $2, is “fast, emotional, [and] full of hype.” Meanwhile, the second path, involving the crash to $0.85, is longer but presents an opportunity for accumulation with 100% conviction.

Before the $27 mark, EGRAG presented lower targets that XRP would reach on its journey. Specifically, once the token eventually recovers and pushes forward, its first target rests at $3.72, a new all-time high marked with the R (red) label. 

Above this point is $9, aligning with a G (green) label. Meanwhile, the $27 price represents the ultimate target, marked with a B (blue) label. For perspective, XRP would need to rally by 70% to hit the $3.72 target, and by a more substantial 312% to claim $9. However, a run to $27 would demand an audacious 1,138% increase.