XRP Could Rally 150% to $70, Says Analyst

Crypto analyst Egrag Crypto has shared an optimistic forecast for XRP, suggesting that the digital asset could reach prices between $33 and $70. This prediction is based on a detailed analysis of historical cycles and percentage-based calculations, which the analyst believes could signal a potential cycle top for XRP.

Egrag Crypto emphasized that his predictions are grounded in mathematics, rationality, and logic rather than speculation. He broke down his analysis into several stages, including examining past cycles, focusing on the current cycle, and extrapolating percentage-based formulas. He also mentioned factoring in 50% and 80% discounts before finalizing his targets. The analyst's forecast suggests significant upside potential for XRP, but broader market conditions may influence the asset’s trajectory. The crypto market has experienced volatility, as traders debated whether technical patterns or external financial pressures dictated current price movements.

Not everyone in the XRP community shares Egrag Crypto’s bullish sentiment. Some users argue that XRP’s price movements are driven by market makers and large financial entities rather than technical factors. These users believe that the repeated pattern of price drops and rebounds is being orchestrated to trap traders. They advise that instead of being part of this cycle, investors should sell and wait for lower prices before re-entering.

Egrag Crypto’s analysis points to a potential rally, but skepticism remains regarding whether XRP will reach such high targets. His forecast suggests that historical patterns support a move to $33–$70, yet market sentiment remains divided. With differing opinions on whether technical analysis or broader financial conditions dictate XRP’s price, investors must carefully assess both perspectives before making decisions.