Analyst Predicts When XRP Could Surge to $17

Renowned crypto analyst Egrag Crypto has forecasted a significant rally for XRP, suggesting that its price could soar to $17. Alongside this prediction, he also provided insights into when this milestone might be reached.

Azcnews Breaking Analyst Predicts When Xrp Could Surge To $17

In a recent post on X, Egrag Crypto projected that XRP could hit $17, with his accompanying chart indicating that this price target may be achieved sometime next year. He emphasized that the current market momentum is strong, pointing to a potential rally within the $15 to $17 range.

The analyst remains confident that XRP’s bullish pennant formation is still intact, which could drive the token toward this ambitious target. However, he urged caution, advising traders not to celebrate prematurely. According to him, a definitive breakout will only be confirmed once XRP closes above $3.40. Until then, the uptrend remains speculative.

Egrag Crypto further elaborated on his projections, explaining that the conservative price target of $15 is derived from the measured move of the pennant’s pole leg from its lower boundary. Meanwhile, the standard measured move, taken from the upper end of the pennant, suggests that XRP could climb as high as $17.

Egrag Crypto Provided A Bullish Outlook For Xrp
Egrag Crypto Provided A Bullish Outlook For Xrp

Referring to his chart, he highlighted the significance of a key yellow trendline, which has consistently served as a support level for XRP. He stressed that as long as the price respects this support, the bullish outlook remains intact. However, a break below this critical level could indicate a sharp downturn, signaling a potential bearish trend.

XRP’s bullish outlook has gained further traction, coming just days after crypto analyst Egrag Crypto predicted that the token could reach $110 in the next market cycle. Meanwhile, analyst Andrei Jikh has pointed to strong fundamental factors—such as the potential resolution of the Ripple lawsuit—as key reasons why XRP could eventually surge to $100.

(1 vote)

2.0/5

(1 vote)

Latest

Whales Dump Xrp Can Ripple Still Aim For The $5 Breakout

News | Altcoin | Editor Choice

Whales Dump XRP: Can Ripple Still Aim for the $5 Breakout?

XRP faces a defining moment as whales unleash massive sell-offs, leaving investors anxious over whether the token will rocket to $5 or crash back down to $2.

Bnb Surges After Trump Pardons Cz, Traders Shout “up Only”

News | Altcoin | Editor Choice

BNB Surges After Trump Pardons CZ, Traders Shout “Up Only”

BNB’s price surged right after U.S. President Donald Trump pardoned Binance founder Changpeng Zhao, fueling a wave of excitement and speculation that the long-awaited “altcoin season” may be about to begin.

Satoshi Era Bitcoin Whale Awakens After 14 Years

News | Bitcoin | Editor Choice

Satoshi-Era Bitcoin Whale Awakens After 14 Years

A “Satoshi-era” Bitcoin whale has suddenly awakened after more than 14 years of silence, sparking a wave of speculation about the real motive behind its move of 150 BTC worth tens of millions of dollars.

Bunni Dex Shuts Down After $8.4 Million Hack

News | Altcoin | Editor Choice

Bunni DEX Shuts Down After $8.4 Million Hack

After suffering a devastating $8.4 million hack, decentralized exchange protocol Bunni DEX has officially announced its shutdown. This marks the second crypto project to fold in October, following Kadena Organization’s recent decision to halt operations amid mounting difficulties. The $8.4 Million Exploit: How It Happened The attack occurred on September 2, when a hacker exploited

The Crypto Etf Wave Hits, Over 200 Funds Set To Launch Soon

News | Editor Choice | Policy & Regulations

The Crypto ETF Wave Hits, Over 200 Funds Set to Launch Soon

Crypto ETF Explosion: The market is on the verge of a massive wave of investment products, with 155 ETF filings currently awaiting approval — spanning 35 digital assets from Bitcoin and Ethereum to even political meme coins.

Screenshot 2025 10 20 091338