XRP News Today: XRP Analyst Predicts 470% Gain to $20 by Averaging Past Cycles

Crypto analyst Egrag Crypto has advised XRP holders to remain calm and stay the course, as the current rally could potentially push XRP to as high as $20. This projection is based on a measured analysis of XRP’s behavior in prior market cycles. Egrag referenced data from previous cycles, noting that if XRP were to follow its 2017 trajectory, it could reach an astonishing $33. From the 2021 cycle, the projected peak would be around $7.70. By averaging both figures, he lands on a balanced and potentially realistic price target of $20 for the current bull run.

XRP’s 2017 bull run was legendary, with the token surging over 2,700%, climbing from under a cent to above $3.30, as global interest in crypto exploded. The 2021 cycle saw XRP rally to around $1.90, roughly a 1,000% rise from its local bottom, despite facing legal challenges from the U.S. Securities and Exchange Commission. Egrag uses these two rallies as reference points, with the 2017 rally driven largely by speculative enthusiasm and the 2021 move occurring in a maturing market with more caution due to regulatory uncertainty. By averaging the peak potentials of both, Egrag frames $20 not as an exaggerated hope, but a midpoint shaped by data and tempered expectations.

As of the time of writing, XRP is trading at $3.53, showing continued strength after breaking key resistance levels earlier in the month. Market sentiment remains firmly bullish, with XRP consistently ranking among the top performers in daily trading volume. Technical indicators, including the breakout from a long-standing descending channel and the ongoing re-expansion of the Bollinger Bands, suggest that momentum is still building. On-chain activity is also supporting the bullish case, with the number of active addresses, transaction count, and ledger throughput continuing to rise. The XRP Ledger’s increasing adoption, especially through smart contract deployments and enterprise use cases, has made it clear that XRP is now backed by real-world utility, not just speculative trading.

While Egrag’s target is ambitious, it isn’t outside the realm of possibility. A $20 XRP would represent more than a 470% increase from current levels. For such a move to occur, it would likely require a confluence of events: continued bullish momentum in the broader crypto market, further legal clarity in the U.S., major institutional adoption, and perhaps even the launch of an XRP spot ETF. However, reaching $20 would also mean surpassing all prior all-time highs by a wide margin, making it a tall order under current conditions. Many conservative forecasts place XRP’s 2025 targets in the $4 to $7 range, reinforcing that Egrag’s estimate is an upper-bound scenario based on historical performance.

Egrag Crypto’s $20 target is a message of cautious optimism. By using past cycles as a guide, he offers XRP holders a reason to remain confident, without becoming irrationally exuberant. The projected average reflects both history and hope: a target that honors XRP’s previous peaks while acknowledging the market’s current maturity. Whether or not XRP reaches $20 in this cycle, Egrag’s balanced perspective provides a clear reminder to holders: stay steady, stay informed, and respect the patterns that shape the future.