XRP Bullish Outlook: Crypto Analyst Predicts $320 Price Target

Crypto analyst Egrag Crypto has recently shared a bullish outlook for XRP, suggesting that the cryptocurrency's price could reach as high as $320 in the coming years. In an X post, Egrag Crypto confirmed this price target, with his accompanying chart indicating that XRP could reach this level between now and 2026. Interestingly, the chart also showed that XRP could potentially rally further to $800.

The analyst expressed confidence in XRP's ability to reach these price targets, stating that in the next couple of months and years, the price at which market participants bought the coin would not matter. Instead, they would only wish they had bought more. This bullish outlook comes amid the recent crypto market crash, which saw XRP and other major cryptocurrencies like Bitcoin, Ethereum, and Solana record significant price crashes.

Egrag Crypto's prediction is an upgrade from his earlier prediction, in which he predicted that the XRP price could rally to as high as $110 between now and next year. In another X post, the analyst revealed that XRP is showing "incredible" strength against the Bitcoin price right now, with the current formation being undeniably super bullish. He affirmed that double digits are written in golden ink for the XRP price, with potential price targets including Fib 1.272 at $0.000072, Fib 1.414 at $0.000095, Fib 1.618 at $0.00014, and Fib 1.888 at $0.00023.

Crypto analyst Dark Defender assured that the XRP price is close to finalizing the ABC correction pattern in the daily time frame, considering the lowest Relative Strength Index (RSI) figures. He added that the RSI is close to the oversold area. Once the XRP price correction is over, the analyst predicts that the crypto will rally towards $3 on the first wave, before it rallies to the targets between $5 and $8 with the Wave 3 and Wave 5 impulsive moves to the upside. Dark Defender also revealed the important levels to watch out for as XRP eyes a bullish reversal, with support levels at $1.88 and $1.91, and resistance levels at $2.4