Crypto analyst Egrag Crypto has shared a detailed Elliott Wave analysis of XRP, predicting significant price increases in the upcoming market cycles. His latest analysis, which was first shared with subscribers on February 12, 2025, outlines potential price targets for XRP based on historical patterns and technical indicators. Egrag begins his thread by emphasizing the importance of using multiple indicators, stating, “To improve our chances of hitting our targets, we need to use multiple indicators, charts, and patterns. The more signals we collect, the better our odds of success!” He then presents a structured Elliott Wave count to assess XRP’s next potential price levels. #XRP = Thread (1/7) #XRP : Double Digits This Cycle, Triple Digits Next! The thread below about #XRP was shared in the Subscribers section on February 12, 2025. We’ve built together the Full Elliot Wave Count to assess our next Targets: Take an in-depth look at it! … pic.twitter.com/NKv00Y5MZD — EGRAG CRYPTO (@egragcrypto) March 12, 2025 Current Market Position and Initial Projections Egrag identifies a key formation within XRP’s price structure, referring to it as the “JUST-DO-IT CHART.” According to the analyst, “The measured move of the cup pattern (or wave) has formed well within the arc. After the breakout, we confirmed that the pattern is unfolding just as we expected.” This formation suggests that XRP is in the process of setting up for a major price movement. Regarding a potential price target, Egrag states, “It looks like we could be aiming for around $13.” He stresses the reliability of chart-based analysis, remarking, “Men lie, women lie, but charts don’t lie!” Elliott Wave Count and Expected Movements Egrag outlines the fundamental principles of the Elliott Wave theory, explaining how different waves follow predictable patterns. He specifies that “Wave 2 usually retraces 50%, 61.8%, 76.4%, or 85.4% of Wave 1,” while “Wave 3 typically extends to 161.8% of Wave 1.” These calculations form the basis for his projected XRP price movements. At the current stage, Egrag believes XRP is in Wave 2, which is typically a corrective phase before the strongest move in Wave 3. “Wave 1 has increased by 733%. Right now, we’re confirming that we’re in Wave 2. However, I believe we might see a double bottom before completing Wave 2,” he explains. Looking forward, he estimates Wave 3 will experience a significant increase. He calculates, “For Wave 3, we take Wave 1’s 733% and multiply it by 1.618. This gives us a projected 1,185% increase for Wave 3.” If this happens, XRP’s price could rise to around $22 to $24. After Wave 3 peaks, Wave 4 is expected to retrace, with Egrag considering a “worst-case scenario of a 38.2% retracement.” This would lead to a temporary price drop to around $8. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Wave 5 and Long-Term XRP Price Potential For the final wave in the Elliott Wave cycle , Egrag provides three different methods to estimate XRP’s potential price target. One approach considers the inverse of 1.236% to 1.618% of Wave 4, which could result in XRP reaching between $32 and $48. Another method assumes that Wave 5 will match the size of Wave 1, leading to a projected price range of $60 to $70. A third calculation, based on 61.8% of the combined moves of Waves 1 and 3, suggests that XRP could climb as high as $100. These projections indicate the potential for XRP to reach triple-digit values in the longer term. Comparison to the 2017 Fractal Egrag compares the current market cycle and the XRP price movement observed in 2017. He believes the similarities between the two periods strengthen the case for a major price rally. In his comparison, Egrag highlights that: Wave 1 and Wave 2 align closely with the 2017 pattern, though the latter had a deeper correction. Wave 3 could reach between $17 and $24, in line with previous price action. Wave 4 could retrace to around $8, though a more bearish scenario might see a drop to $3.40. In the 2017 cycle, Wave 5 saw XRP surpass $100 . In his current model, Egrag identifies potential Wave 5 targets of $32–$48, $60–$70, and $95–$110. using Elliott Wave theory, Egrag Crypto’s latest analysis comprehensively breaks down XRP’s potential price movements. His projections indicate that XRP could reach double digits in the current cycle and climb to triple digits in the next. While market conditions and external factors will play a role, his analysis suggests that XRP remains positioned for significant long-term growth. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Predicts Timelines For XRP Double and Triple Digit Prices appeared first on Times Tabloid .
