This Shocking XRP Price Prediction Points to $27 by June 2! Solaxy Eyes Big April

The XRP price got hit during the current market downturn with a 16.5% dip this week and is now trading just slightly above $2.

Analyst ‘EGRAG CRYPTO’ hit up his 80k followers on X again, this time with a potentially unrealistic price prediction for XRP over the next 60 days.

EGRAG’s Triple Fib Level Reaches $27

The analyst’s chart compares XRP’s current movement to its historical 2017 parabolic surge. Back then, XRP climbed from below $0.01 to around $3.38 in just 63 days, spanning 9 weekly bars.

EGRAG believes we’re seeing a similar pattern today. His analysis suggests the current breakout could follow the same timeline, with a 63-day blast-off period ending on June 2, 2025. The XRP chart maps several Fibonacci levels with the 1 Fib at $3.38 (matching the 2018 peak) and an ambitious 1.618 Fib extension at approximately $27.68.

The current price of $2.06 sits above key support structures, with the 0.702 Fibonacci level ($1.2276) serving as a foundation. The long-term bottom is marked at $0.11, represented as the 0 Fib line.

In his tweet, EGRAG boldly declared “XRP – $27 In 60 Days!!!!!” while asking followers about their market sentiment. The attention-grabbing headline uses the historical 2017 pattern as evidence, though many might question if such a dramatic surge could happen again in today’s market conditions.

Priced at just $0.00168 in its current presale phase, Solaxy has now raised over $28.6 million in what’s become a viral crypto presale. This project bills itself as the first ever layer-2 solution built specifically for Solana, with substantial utility behind it.

Some market watchers are drawing comparisons to Pepe Unchained, a new Ethereum layer-2 that achieved an 8x gain post-launch in December. With the SOLX token expected to launch in just a few weeks, similar performance could be possible.

Solaxy aims to fix the slowdowns that can occur with Solana, which is known for its high throughput and speed. Solaxy serves as a second layer operating on top of the main Solana network. It also serves as a bridge between Solana and Ethereum, making it simpler to transfer crypto between these two major blockchains.

The system moves the majority of transactions off the main Solana chain, resulting in faster and cheaper transactions for users. The platform is equipped with tools to anticipate potential network issues before they arise, ensuring smooth operation even during periods of heavy user activity.

Recently, the Solaxy team implemented enhancements to boost transaction speed and data handling capacity. They've introduced "Soft Confirmations" to the system and adopted a new sequencer design from the Sovereign SDK. These updates enable users to see their transactions confirmed more rapidly, as the system can validate them before they reach the full rollup process.