EGRAG CRYPTO Prediction: Potential Huge XRP Price Rally Amid ETF Optimism

Jakarta, Pintu News – Ripple (XRP) experienced a 7.50% price drop, reaching $2.35 (Rp38,405) amid volatile crypto market trends. However, some analysts remain optimistic that XRP has the potential for a significant rally, even reaching up to 700% gains as it did in 2017-2018. If the historical pattern repeats itself, the price of XRP could reach double-digit figures, which would certainly attract investor interest.

One of the key indicators driving this optimism is the activity of “whales” or large holders of XRP. Recent reports show that around $5.37 billion in XRP has been moved, which could be a sign that large market participants are preparing for a big move, although it is not yet clear whether they are buying or selling the asset.

XRP Price Targets and Breakout Opportunities

Renowned crypto analyst, EGRAG CRYPTO, has set some ambitious price targets for XRP. The first target is $9.70 (IDR158,110), based on the historical triangle breakout pattern. He advises traders to take profits at $8 (Rp130,400), $9 (Rp146,700), and $10 (Rp163,000), rather than waiting for the perfect price peak.

There is also a more optimistic prediction of $27, which is calculated by applying the 718% increase from XRP’s rally in 2017 to the previous local high of $3.40.

In addition, the symmetrical triangle pattern observed in XRP’s price movement suggests that in case of a breakout, the price could increase by 23%. Analyst Ali Martinez also highlighted the possibility of XRP being in the early phase of Wave 3 in his technical analysis, which could push the price to $9.50 (IDR154,850).

Meanwhile, other analysts such as CasiTrades emphasized that XRP is currently testing the critical resistance level at $2.54 (IDR41,402). If it manages to breakout, the price could rise to $2.70 (IDR44,010) and $3.05 (IDR49,715), opening up opportunities for further rallies.

Also Read: MicroStrategy Stock Downside Risk Amid Crypto Market Volatility

XRP ETF Optimism and Its Impact on the Market

Another factor that could potentially be a catalyst for XRP price increases is the possible approval of an XRP Exchange-Traded Fund (ETF). The chances of an XRP ETF approval are currently estimated at 80%, according to prediction platform Polymarket. If approved, this ETF could bring large institutional investment flows into XRP, accelerating the upward momentum in price.

However, XRP is still facing legal obstacles with the US Securities and Exchange Commission (SEC). Nonetheless, some new developments suggest that the case could end soon. The SEC has already dismissed charges against several major crypto companies such as Coinbase, Uniswap, and Gemini, giving rise to speculation that Ripple could also get a similar outcome.

However, not all analysts are confident about XRP’s prospects. Willy Woo, a renowned crypto analyst, argues that XRP will not become a strategic reserve asset due to its ties to US companies. He argues that Bitcoin (BTC) is still the only neutral asset in the global geopolitical landscape.

Conclusion

XRP faces major challenges in its price movement, but optimism remains high thanks to the possibility of an ETF, technical analysis indicating a potential breakout, as well as significant whale activity. If historical trends repeat, a rally of up to 700% is not out of the question. However, investors need to remain cautious of market volatility as well as regulatory developments that could affect the price of XRP in the future.

Also Read: Shiba Inu (SHIB) and the Challenges to a Price Rally in the Cryptocurrency Market (11/3/25)

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Bena Ilyas. XRP Price Prediction: Could a 700% Rally?. Accessed March 11, 2025.
• Featured Image: Generated by AI