With key support levels holding and institutional adoption on the rise, XRP's future looks promising

Analysts Predict XRP Surge to $27 According to Egrag Crypto, a well-known analyst, XRP could eventually reach $27, marking a significant milestone in its trajectory.

Key support levels are holding as institutional adoption continues to grow.

According to cryptocurrency analyst Egrag Crypto, XRP could be en route to $27.

One analyst highlighted that XRP’s structural integrity remains intact.

As one of the most popular tokens in the cryptocurrency market, XRP has been a subject of interest for both traders and analysts.

Recently, there has been a buzz among analysts regarding the potential for an XRP price surge to $27. Egrag Crypto, a well-known analyst, shared his perspective on X, suggesting that only a few truly comprehend the upcoming price movements of XRP.

Egrag’s XRP price prediction is based on his “Bermuda Triangle” analysis from January 2025, which aims to identify the potential for a parabolic breakout.

According to Egrag, substantial long-term targets for XRP include $27, aligning with previous projections that identified this level as a key macro goal.

However, Egrag’s claims have not been verified by Defiant.

According to cryptocurrency analyst Egrag Crypto, XRP could be en route to $27.Egrag recently shared his thoughts on X, stating that only a select few truly grasp XRP’s upcoming price movements. According to him, substantial long-term targets include $27, aligning with previous projections that identified this level as a key macro goal.

Egrag’s XRP price prediction is based on his “Bermuda Triangle” analysis from January 2025, which aims to identify the potential for a parabolic breakout. According to Egrag, once the triangle breaks, it often leads to a 400% rally.

Egrag also highlighted that if XRP manages to sustain a close above the $2.66 resistance, it could indicate growing momentum. A breakthrough above $2.97 would confirm further bullish sentiment. If XRP reaches $3.40, it could set the stage for a rally toward $5 to $8.

If the bulls can push through the $2.66 resistance, it could open the door for further gains toward the $2.97 resistance. A sustained close above $2.97 could indicate strong bullish pressure, setting the stage for a move toward the $3.40 resistance.

If XRP manages to break above the $3.40 resistance and sustain it, it could be priced for a rally toward the $5-$8 zone. However, if the bears manage to defend the $2.40 support, it could indicate weakness and increase the potential for a deeper correction.

On the other hand, if the bulls can push through the $2.66 resistance, it could open the door for further gains toward the $2.97 resistance. A sustained close above $2.97 would confirm strong bullish pressure, setting the stage for a move toward the $3.40 resistance.

If XRP manages to break above the $3.40 resistance and sustain it, it could be priced for a rally toward the $5-$8 zone. However, if the bears manage to defend the $2.40 support, it could indicate weakness and increase the potential for a deeper correction.

According to on-chain analysis by Santiment, large holders, defined as wallets holding 1 million to 10 million XRP, have increased their token holdings by 10% over the past two months.

As of press time on Wednesday, these so-called whales collectively hold 5.81 billion XRP, valued at approximately $14 billion.

According to blockchain analytics firm Santiment, on-chain metrics suggest that the narrative for XRP remains bullish.

Despite recent price fluctuations, one analyst highlighted that XRP’s structural integrity remains intact.

CasiTrades, a crypto analyst, noted that XRP’s price recently dipped but managed to hold a key support level, reinforcing the likelihood of a strong recovery.

According to her analysis, if XRP’s price manages to stay above the $2.40 support, it could indicate a potential rebound to retest the $2.60 resistance. A breakthrough above this resistance is crucial for confirming further bullish momentum and could potentially propel XRP to reach its upper goals.

However, if the bears manage to push through the $2.40 support, it could signal weakness and increase the potential for a deeper correction.

According to on-chain analysis by Santiment, large holders, defined as wallets holding 1 million to 10 million XRP, have increased their token holdings by 10% over the past two months.

As of press time on Wednesday, these so-called whales collectively hold 5.81 billion XRP, valued at approximately $14 billion.

Moreover, network activity has increased significantly, with daily active addresses rising by 400% since early March. This uptick shows that investors are engaging more with the Ripple ledger