The post Ripple XRP News—XRP Price Breakout: Analyst Predicts Rally to $60 appeared on BitcoinEthereumNews.com.

The price of XRP is in the spotlight as analysts highlight potential breakout levels that could drive the cryptocurrency to new heights. For those investors wondering what crypto to buy now, here’s everything you need to know about XRP price predictions in the short term. Crypto analyst Egrag Crypto has outlined a long-term bullish scenario in which XRP could surge to $60, provided it clears key resistance levels. However, bearish risks remain, with the possibility of a pullback to as low as $0.90 under certain conditions. Key Breakout Levels to Watch In a recent X post, Egrag Crypto identified several crucial price levels that could shape XRP’s future trajectory. According to the analyst, $3, $6.4, $8, $13, and $27 serve as critical breakout zones, with the ultimate target set between $33 and $60. He emphasized that a monthly close above $3 would be a key validation point for further upside. XRP eyes a breakout from $3 resistance, with short-term targets at $4-$6 and long-term potential reaching $33-$60. Source: EGRAG CRYPTO via X Expanding on his Fibonacci-based projections, Egrag Crypto suggested that breaking through the 1.618 Fib level at $6.4 would unlock additional targets at $8, $13, and $27. The analyst’s ambitious outlook aligns with his previous forecast, where he speculated that XRP could reach a market capitalization of $3.4 trillion. Short-Term Price Outlook While the long-term outlook remains highly optimistic, Egrag Crypto also provided a more immediate price projection, suggesting that XRP could rally to a range between $4 and $6. Currently, XRP is facing resistance at the $3 mark, a level historically significant as a previous all-time high. If it is able to close above this level on a monthly chart, the next important resistance levels would be between $4.3 and $6.4. XRP’s parabolic arc formation points to a…

---

Filed under: News - @ February 24, 2025 5:21 pm