XRP Could Surge to $11, $20, or Even $30 If Historical Pattern Repeats

A market analyst believes XRP is on the verge of a major price rally that could propel the token to double-digit levels, following a successful retest of a key exponential moving average (EMA).

This forecast comes amid XRP’s latest recovery momentum, supported by a broader uptrend in the crypto market. While Bitcoin (BTC) continues to reach new all-time highs, XRP has also shown strong performance, climbing 14.42% in the past week to reclaim the $2.5 level.

Technical analyst EGRAG predicts that XRP may resume its uptrend, drawing on historical data involving the 21-period EMA on the biweekly chart. According to EGRAG, when XRP breaks above this EMA and later successfully retests it as support, it often triggers a renewed upward movement.

This pattern has occurred twice in XRP’s past. The first instance took place in March 2017, when XRP broke above the 21 EMA after nearly two years trading below it. Following the breakout, XRP surged 7,085% to $0.3988 in May 2017 before facing resistance and pulling back. After several months of consolidation, XRP retested the 21 EMA as support. The support held, and the token launched a second rally, rising 1,400% by January 2018.

A similar scenario unfolded in the 2020–2021 cycle. In November 2020, XRP rallied 177% to break above the 21 EMA but encountered resistance at $0.79 and pulled back. It then successfully retested the EMA and went on to surge another 455% to $1.9 by April 2021.

Currently, in the ongoing bull run, XRP has already gained 580% between November 2024 and January 2025, peaking at $3.4 before encountering strong resistance in February. Since then, the asset has consolidated and recently completed a successful retest of the 21 EMA.

Based on these historical movements, EGRAG has outlined three potential price targets. If XRP follows the 2020–2021 pattern with a 455% rally, the token could reach $11. If it mirrors the 2017–2018 run with a 1,400% increase, the price could climb to $30. The average of these targets, $20, represents a 924% surge from current levels.

Beyond technical analysis, EGRAG offered a piece of psychological advice for investors: act contrary to emotions. He recommends that traders consider selling when they feel “smart” and buying when they feel “dumb,” emphasizing the importance of emotional discipline in volatile markets.