XRP News Today: XRP Crypto Analyst Projects 777% Surge Based on Long-Term Chart Patterns

A prominent cryptocurrency analyst, Egrag Crypto, has outlined a potential 777% surge in XRP prices, based on a detailed long-term chart analysis. The projection, drawn on TradingView using the Bitstamp monthly XRP/USD pair and dated August 10, 2025, identifies three distinct market cycles, each marked by a unique number of price bars and days. The current cycle is described as “8 bars, 243 days,” fitting the pattern seen in prior successful movements [1].

The chart visually represents a rising trend structure through an ascending band, with a large white wedge pattern encompassing much of XRP’s historical trading range. A magenta line projects a potential 7.77x increase in price from the current level of approximately $3.19, targeting $28.16. According to the analyst, this potential move is grounded in recurring price behavior observed in previous cycles and a breakout trajectory indicated by the wedge pattern [1].

Egrag Crypto has emphasized that the current market setup mirrors historical conditions that have led to significant gains. The analyst described this phase as “just the beginning” of a potentially larger move, noting that the ascending support trendline has consistently supported upward price movement since 2014 [2]. If XRP breaks above the current resistance level, it could set the stage for a sharp and sustained rally, much like in previous cycles [2].

The analysis has sparked interest among XRP holders and traders, who are now closely monitoring key price levels and technical indicators. Egrag Crypto’s analysis has been shared widely on social media platforms, where the analyst urged followers to view the chart as a realistic roadmap for the asset’s future performance. The analyst also directly addressed Ripple’s CEO, Brad Garlinghouse, asking why he has not yet commented on the potential breakout, while acknowledging that Ripple’s legal team has offered some public insights [1].

While the 777% surge is not a guarantee, it is presented as a technical projection based on long-term chart patterns and historical price action. The market remains in a state of anticipation, with investors waiting for a decisive move that could confirm the projected trajectory [2]. The analysis serves as a call to action for XRP holders, highlighting the importance of recognizing cyclical patterns and positioning for a potential breakout [1].

This content is meant to inform and should not be considered financial advice. Readers are encouraged to conduct their own research before making any investment decisions.