The post Analysts See Bullish Patterns Echoing 2017 appeared on BitcoinEthereumNews.com.

XRP’s current wave pattern mirrors 2017, pointing to a $13–$27 target by mid-2025 Analysts expect a correction to $3.4–$5.5 before a Wave 5 rally to $120 by 2030 Rising liquidity, CBDC launches, and ETF hopes fuel strong long-term XRP outlook XRP is gaining fresh attention from analysts who see its current structure mirroring the 2017 bull cycle. According to top analyst EGRAGCRYPTO, XRP could surge as high as $27 in the near term before entering a longer consolidation phase. This would set the stage for a dramatic rise to $120 in the next major macro cycle.  The price currently sits at $2.16, down 5% in the last 24 hours, but still showing a 2.8% gain over the past week. With strong chart patterns, rising institutional interest, and macroeconomic shifts boosting risk assets, experts believe XRP could be on the cusp of a historic move. Elliott Wave Patterns Point to Explosive Mid-Term Targets EGRAGCRYPTO has identified a clear Elliott Wave pattern forming on XRP’s chart. According to his analysis, XRP is now entering Wave 3, historically the most powerful of the wave structures.  This move could peak in the $13–$27 range as early as summer 2025. Significantly, the structure bears striking resemblance to the 2017 rally, adding more confidence to the projection. Following this surge, XRP may face a multi-year correction during Wave 4. EGRAGCRYPTO estimates this phase could last until 2028 and see prices dip to the $5.5–$3.4 range.  #XRP – $27 Then $120 💰: I’m becoming increasingly convinced that we’re mirroring the 2017 cycle, but the timing may be either delayed or accelerated. As we approach the end of Wave 3 this summer (double digits), I believe Wave 4 will unfold over the next three years, followed… pic.twitter.com/BrjqdZrnqb — EGRAG CRYPTO (@egragcrypto) April 24, 2025 However, this period would…

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Filed under: News - @ April 24, 2025 8:23 pm