XRP Price Prediction: XRP Holds Above $2.94 Support—Analyst Warns It Could Hit, Miss, or Overshoot Key Targets
The post XRP Price Prediction: XRP Holds Above $2.94 Support—Analyst Warns It Could Hit, Miss, or Overshoot Key Targets appeared on BitcoinEthereumNews.com.
XRP has entered a critical phase as traders monitor whether its defense of the $2.94 support level can spark a stronger rebound. Recent analysis highlights a wide range of possibilities for the XRP price, with projections pointing toward $18, $27, or even as high as $200, depending on how it interacts with long-term regression levels. XRP Defends $2.94 Support Zone In the latest XRP news today, the coin continues to hold steady above a demand zone at $2.94. Market observers note that liquidity pools above this level could fuel an upward move if buyers maintain momentum. However, analysts caution that liquidity also rests below, raising the possibility of another sweep lower before any meaningful rally begins. XRP was trading at around $2.99, down 0.28% in the last 24 hours at press time. Source: XRP price via Brave New Coin Technically, the market often moves in ways that disrupt both bullish and bearish expectations, keeping traders on edge. This uncertainty leaves open the possibility of either an immediate breakout or another retest of lower levels before a reversal. Regression Line Suggests Bold XRP Predictions A detailed XRP price prediction from analyst EGRAG focuses on linear regression analysis applied to XRP’s long-term performance. Using a logarithmic scale, he outlined three potential paths: Hit scenario: XRP rallies toward $27 if it tags the upper regression line. Miss scenario: A repeat of 2021’s shortfall could limit upside to around $18. Overshoot scenario: If history repeats the 2017 breakout, a dramatic overshoot could catapult XRP as high as $200. XRP’s monthly chart analysis suggests potential targets of $18, $27, or even $200, depending on whether it hits, misses, or overshoots the regression line. Source: EGRAG CRYPTO via X EGRAG’s model currently shows an R-squared value of 0.84754, meaning it explains about 84.75% of XRP’s past…
Filed under: News - @ August 28, 2025 8:24 pm