A prominent analyst expects XRP to witness an impressive run to new highs, but the extent of this run depends on the path it takes from here.
Currently, XRP has again come under selling pressure, moving in step with the broader crypto market. It recently slipped under the important $3 psychological level and now trades near $2.8.
However, despite this pullback, analysts remain confident about XRP’s long-term prospects. One such analyst, EGRAG Crypto, has called attention to recurring chart patterns that suggest XRP could eventually explode. However, he believes the token could climb toward $9.6 or $33 if history repeats.
Historical Context
Specifically, EGRAG shared a two-week chart that tracks XRP’s price action all the way back to 2014. In his analysis, he highlighted the importance of the 21-day exponential moving average (EMA), which has acted as a decisive support level in earlier cycles.
For instance, during the 2017 run, XRP retested the support at the 21 EMA twice toward the end of 2017. According to EGRAG, this retest set up the foundation for XRP to witness a price surge. Interestingly, by December 2017, XRP saw a massive 1,610% rally that carried it to about $3.31 in January 2018.
Meanwhile, the 2021 cycle played out differently. Specifically, the SEC lawsuit forced the market to break below the 21 EMA in December 2020. Nonetheless, once XRP managed to close back above the EMA and retest the support, it delivered a strong 414% move that pushed it to roughly $1.96 in April 2021.
XRP Faces Two Long-Term Paths
Today, the setup looks familiar. According to EGRAG’s chart, in June 2025, XRP retested the 21 EMA for the third time when it slumped to $1.9. Notably, EGRAG identified this as possibly the beginning of another major leg higher.
However, he believes there are two possible outcomes based on past performance. First, if XRP follows the same path it took in 2017, the market could see a 1,610% surge, taking the price toward $33.
Nonetheless, if the 2021 pattern repeats, then a 414% rally would put XRP near $9.6. Importantly, both outcomes assume that the starting price is around $1.9, which lined up with XRP’s level at the time of the June retest.
For now, the market still wrestles with the $3.31 resistance line, which matches the peak from 2017. XRP currently changes hands at $2.84, just under this key level. Also, trading volume around the retests shows strong participation, indicating that these areas remain crucial for deciding the token’s long-term direction.
XRP Short-Term Price Action
Meanwhile, other analysts have discussed short-term trends. For instance, market watcher DustyBC recently described the current four-hour chart as stagnant compared to earlier updates.
XRP/USD [4H]
Nothing much has happened compared to our last update.
Expect XRP to range before either going down more, or rebound from this point onwards.
Again, I do advice all of you to simply wait and only start buying once we cross the blue buy confirmation area. It saved… https://t.co/IKEQqTSQaQ pic.twitter.com/1yomXT4OF5
— DustyBC Crypto (@TheDustyBC) September 23, 2025
He expects XRP to stay in a sideways range for now and advises traders to stay patient. DustyBC believes the smarter move is to wait for the price to break above a confirmed buy zone before entering. According to him, this strategy has helped many avoid false starts in the past.
On the other hand, Casi Trades expects more immediate upside. She recently pointed to a double-bottom pattern near $2.70 that formed after a sharp wick down at the end of XRP’s consolidation phase. She believes the drop came from over-leveraged liquidations rather than genuine selling pressure.
Since then, XRP has recovered above the 0.5 Fibonacci retracement at $2.79, and candles have continued to respect that support. Casi expects another retest of $2.79, this time with a bullish divergence on the four-hour relative strength index.
If this signal appears, she believes XRP will start a Wave 3 rally with targets at $4.00 and $4.40, which align with the 2.618 and 3.618 Fibonacci extensions. However, the analyst cautions that a drop below $2.70 would reset the trend and push XRP toward the 0.618 retracement at $2.58.
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.
