XRP Price Could Soar to $27, Analyst Targets Higher Than $4 This Cycle
TLDR
Analyst targets $27 for XRP, dismissing $4 as a cycle peak.
XRP poised for its first two-month close above $2, setting up for a potential rally.
Fibonacci extensions suggest a path to $8, $13, and $27 for XRP.
Despite recent market fluctuations, XRP maintains institutional interest and futures growth.
XRP price has captured the attention of investors and analysts, with EGRAG Crypto confidently projecting that the cryptocurrency is not bound by a $4 peak in the current cycle. Despite challenges in the $3 region, EGRAG sees XRP on track for much higher targets. While other analysts, like Crypto Rover, have predicted a peak around $3 to $4, EGRAG dismissed these figures, asserting that XRP’s upside potential remains strong.
EGRAG, a long-time XRP bull, is standing firm in the belief that the digital asset will achieve much higher price points, forecasting a rise to $27. This suggestion is based on a technical analysis utilizing Fibonacci extension levels, highlighting that XRP’s journey is far from over. With the price currently at $2.9, EGRAG sees further upward momentum as likely.
XRP on Verge of Major Milestone: Closing Above $2 for Two Months
A key moment in XRP’s trajectory is approaching: the cryptocurrency is about to close its first-ever two-month candle above the $2 mark. This would set a new historical precedent for XRP, signaling strength and potentially paving the way for a more significant upward rally. EGRAG has highlighted this milestone as crucial, pointing out that such a close could catalyze bullish momentum, helping XRP push beyond previous resistance levels.
The two-month close above $2 is a bullish signal, especially considering that XRP has been battling for dominance in the $3 range. If XRP manages to hold steady around this price, it could lay the foundation for further growth in the coming months.
Fibonacci Extensions Suggest Path to $27 for XRP
EGRAG presented a chart that outlines several price targets for XRP based on Fibonacci extensions. The first target is the 1.0 Fibonacci extension, corresponding with XRP’s previous all-time high of $3.31 from January 2021. This level has already been surpassed earlier in 2025, but the analyst anticipates a retest of this level with further upward movement.
From there, EGRAG projects a rally towards $8, which aligns with the 1.272 Fibonacci extension, marking an increase of 188% from current levels. This price target represents a new all-time high for XRP and could further confirm the upward trajectory for the cryptocurrency. Continuing the Fibonacci analysis, EGRAG suggests XRP may rise to $13.56, marking a 367% increase from today’s price.
However, the most bullish target in the analysis is $27.17, based on the 1.618 Fibonacci extension. EGRAG has consistently supported this target, emphasizing that it remains in play despite the recent struggles. The analyst’s long-term outlook sees XRP reaching these higher price points before a possible correction.
XRP Futures and Institutional Interest Support Price Growth
The CME Group recently reported that XRP futures have surpassed $1 billion in notional open interest, highlighting increasing institutional participation. This rise in XRP futures suggests that big investors are preparing for a price surge, which could drive the cryptocurrency further upward.
XRP has maintained resilience through market volatility, as evidenced by its consistent trading activity. On August 25, XRP saw a price swing between $2.96 and $2.84, with strong institutional flows helping stabilize the price. The cryptocurrency has bounced back from a dip, maintaining support at $2.84, a critical level for the token’s price action in the short term.
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Filed under: News - @ August 27, 2025 3:18 am