Based on his analysis he still believes that this coin can reach $130 which is a bold prediction. He referred to his previous XRP price prediction
Egrag Crypto, a well-known crypto analyst, shared his analysis of XRP’s future in an X post. According to the analyst, this coin could still reach $130, which is a bold prediction. He referred to his previous XRP price prediction, stating that $130 is a macro target for the coin. Moreover, he noted that not many people in the market understand what is happening as XRP goes for a parabolic breakout.
According to the analyst, XRP is setting itself up for one of its biggest explosive growth periods yet, with “eruption near.”
Chart 1 – Provided by CasiTrades, published on TradingView, March 21, 2025
Another crypto analysis affirms a bullish sentiment for XRP. This analysis comes from the crypto expert CasiTrades. In her analysis, although XRP has experienced a dip close to its 0.5 retracement level, it still holds strong. According to her analysis, even in its crash under $2.40, XRP’s movements have been contained in the channel. This is evident in how, even after this drop, XRP is closing at 1.236 extension for Wave C. She also mentioned that this price movement is the common Wave 4 pattern.
According to this pattern, if the price does not experience further breakdowns, reaching new all-time highs is likely. CasiTrades mentioned that if the price is kept inside the channel, in the short term XRP could reach $2.70. She predicted the $2.65 to $2.70 range as a possible target, warning about the criticality of this moment. According to her analysis, the $2.70 is the critical level that can support XRP’s price to a new ATH. Breaking the $2.45 level is also one of the first confirmations of a bullish movement.
She stressed that a failure to go above $2.45 leads to a fall below the 0.618 retracement level. This possible crash to 0.618 retracements translates to XRP’s price declining to $2.36. However, she also mentioned that a dip will likely not change the bullish sentiment on the macro level. This bullish sentiment was confirmed by XRP’s price continuing its movement above the 0.382 retracement level. The 0.382 retracement level equals $2.25, and according to her analysis, XRP price surge will continue even higher. This next higher short-term target is $3.40.
In addition to the bullish results from the technical indicators, the fundamental indicators also support a future XRP price surge. Yesterday, the Ripple CEO announced that the SEC is closing its lawsuit on XRP. This legal battle has had a bearish effect on XRP’s growth, which was apparent in 2021’s altcoin rally. As such, its recent end represents a bullish development for XRP.
Moreover, there are also other fundamental developments that support price growth. This development is the recent approval of XRP’s Futures contracts, which can bring on new investors and more liquidity.
