Egrag Crypto Analyst’s Shocking Prediction: XRP Has the Potential to Surge to $10!

Updated

March 24, 2025

Gambar Egrag Crypto Analyst’s Shocking Prediction: XRP Has the Potential to Surge to $10!

Jakarta, Pintu News – Last week, Ripple made headlines after the United States Securities and Exchange Commission (SEC) ended its four-year-long case with Ripple. This decision sparked high demand for Ripple (XRP), which saw the price of the coin jump more than 13% to $2.60 on March 20.

Although the price of Ripple (XRP) has seen a decline in the last 24 hours and is now hovering around $2.39, a recent analysis by Egrag Crypto shows that Ripple (XRP) still has significant upside potential.

Promising Technical Analysis by Egrag Crypto

#XRP Bermuda Triangle Update: Targeting $27 (Chart Analysis):

For comprehensive insights about the Bermuda Triangle, please refer to my previous post from January 2025: Link 🔗https://t.co/KMrCJZLqyj.

In this update, I've refined my analysis by removing the wicks from the… https://t.co/dWPaFTLRNP pic.twitter.com/z8kFIhP3Kg
— EGRAG CRYPTO (@egragcrypto) March 21, 2025

Egrag Crypto, a market analyst, recently shared a bullish prediction regarding Ripple (XRP) based on the price action in recent months and Fibonacci retracement levels. The analyst noted that Ripple (XRP) has managed to close above the 1.0 Fibonacci level for three consecutive months with full candles.

This shows the resilience of Ripple (XRP) amidst the volatile crypto market and reinforces the potential bullish momentum. According to Egrag, Ripple (XRP) is expected to see an upside soon with the first price target at the 1,236 Fibonacci level.

The absence of serious resistance at this level suggests that Ripple (XRP) could continue to surge until it reaches Fibonacci Circle 5 and Fibonacci 1,414, meaning a price range of $5-$6. Based on these Fibonacci levels, Ripple (XRP) could then see a massive price expansion until it reaches Fibonacci 1,618, which signals a potential price target of $9-$10.

Market Outlook and Optimism from Ripple CEO

According to Coincodex, the current market sentiment is neutral as the crypto market struggles to establish a clear direction. However, there are some significant potential positives for Ripple (XRP), the fourth largest crypto in the market. In addition to the latest legal developments, Ripple’s CEO, Brad Garlinghouse, has expressed great optimism towards the Spot Ripple (XRP) ETF indicating a possible approval before the year 2025 ends.

Garlinghouse also hopes that US President Donald Trump will include Ripple (XRP) in the digital assets reserve. Currently, Ripple (XRP) is trading at $2.38, reflecting a price drop of 1.43% in the past day. Meanwhile, the asset’s daily trading volume fell by 31.64%, indicating a decline in market interest despite its recent price surge.

Cover: Ripple’s (XRP) Bright Prospects for the Future

With various positive developments and supportive technical analysis, Ripple (XRP) seems to be on track to achieve higher market performance. Investors and market watchers will continue to monitor the dynamics, given the huge potential that Ripple (XRP) has to change the competitive landscape in the crypto ecosystem.

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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.