XRP Price Prediction: Will XRP Hit ‘Double Digits This Cycle, Triple Digits Next’? – Here’s Why

EGRAG CRYPTO has made bold predictions about XRP future price trajectory, suggesting it will reach double digits in the current market cycle and potentially triple digits in the next.

Experts Predicts XRP Price Will Hit ‘Double Digits This Cycle, Triple Digits Next’ – Here’s Why

EGRAG CRYPTO, a crypto analyst, predicts that XRP will reach double-digit prices by the time this current cycle comes to an end. He also predicts that XRP could hit triple-digit prices in the next market cycle.

The crypto analyst shared these predictions while commenting on a chart originally posted by MoonLamboio.

In a recent X (formerly Twitter) post, EGRAG CRYPTO notes that XRP’s journey to double-digit prices is more straightforward than many investors might realize. The cryptocurrency previously touched upon triple-digit prices during the last market cycle when it reached $3.40. From that point, XRP would only need to achieve a 2.94X increase to hit the $10 mark.

To put this into perspective, EGRAG CRYPTO adds that Bitcoin managed a 21X increase during the last cycle as it surged from $3,000 to $69,000. Meanwhile, Ethereum performed even more impressively with a 58X surge from $81 to $4,891.

In contrast, XRP would only need a 35X move from its cycle low of $0.28 to reach $10. Several analysts, including himself, believe this to be a reasonable target for the token.

The hardest part of this journey has already been accomplished, with XRP having achieved a 13X increase from $0.28 to $3.40. Now, just another 3-4X growth is needed to break into double digits.

Several catalysts could drive this growth, including 17 XRP ETFs currently in development, approaching regulatory clarity as the SEC case concludes, and expanding real-world utility and adoption.

Under these conditions, EGRAG CRYPTO believes a market capitalization of $500-700 billion for XRP is reasonable, considering the cryptocurrency market is expected to integrate with 12 major economic sectors. These sectors include agriculture, mining, construction, manufacturing, utilities, wholesale trade, retail trade, transportation, information technology, finance and insurance, and healthcare.

Triple Digits: Breaking Down the Possibilities

The path to triple-digit prices for XRP depends largely on where this current cycle peaks. EGRAG CRYPTO breaks down three potential scenarios:

In a pessimistic scenario where XRP only reaches $3.40 in this cycle, hitting $100 next would require a 30X increase. While substantial, the analyst argues this is achievable given the expected expansion of the overall crypto market. With cryptocurrency adoption currently at just 1.5% of its total potential, there’s enormous room for growth as the “Internet of Value” absorbs trillions from global industries.

EGRAG CRYPTO predicts crypto will emerge as the 12th major economic sector, integrating with existing sectors including agriculture, mining, construction, manufacturing, utilities, wholesale trade, retail trade, transportation, information technology, finance and insurance, and healthcare.

In a more conservative scenario where XRP reaches $10-$20 this cycle, achieving $100 next cycle would only require a 5X to 10X move – which the analyst considers very reasonable.

The optimistic scenario envisions XRP surging to $27-$33 this cycle, meaning it would only need a 3-4X increase to hit $100 in the next cycle – something EGRAG CRYPTO describes as “practically a given in a full-fledged bull run.”

The analyst concludes that these price targets are doable, achievable, and mathematically sound, with chart analysis confirming the potential.

EGRAG CRYPTO adds that he might “sell every other coin,” but XRP will remain a permanent fixture in his portfolio due to his deep belief in the token’s potential.