XRP news today: XRP Predicted to Surge 1130% to $27 in 60 Days

XRP, the digital asset associated with Ripple, has garnered significant attention from analysts who predict a substantial price surge. Crypto analyst EGRAG CRYPTO has forecasted that XRP could reach $27 within the next 60 days, drawing parallels to historical patterns observed during the 2017 bull run. EGRAG CRYPTO noted that XRP is exhibiting behavior similar to its 2017 cycle, suggesting that if the current momentum holds, XRP could rally past $2.70 and potentially reach $27.

As of April 25, 2025, XRP is trading around $2.21, marking a modest 1% gain over the last 24 hours. The token has been fluctuating between $2.17 and $2.23, indicating a market that is taking a breather after recent volatility. Analysts are closely monitoring the $2.22 resistance level, as a decisive break above this could pave the way for a 25% rally towards $2.74.

EGRAG CRYPTO’s prediction is grounded in Elliott Wave theory, which suggests that XRP is nearing the end of its third wave. Historically, this phase precedes a strong upward move. To maintain this bullish outlook, the token must stay above the 21-day Exponential Moving Average (EMA), currently ranging between $1.95 and $2.10. Other analysts have also set ambitious price targets for XRP. Crypto trader Cryptarch_ has outlined a multi-stage rally, projecting a potential surge to $6.5, contingent on XRP breaking through key resistance levels at $2.49, $3.00, and $3.39.

Institutional interest in XRP has been on the rise, with year-to-date investment flows indicating a growing appetite for the digital asset. XRP-related products have seen significant inflows, totaling $214 million, which is closing in on Ethereum’s numbers. This institutional support, coupled with regulatory developments, has fueled a renewed momentum for XRP, positioning it as a strong contender in the digital asset space.

While a surge to $27 might seem ambitious given XRP’s current price of around $2.10, the crypto market is known for its volatility and potential for rapid price movements. The growing confidence in XRP, driven by regulatory developments and increasing institutional interest, has fueled a bullish momentum for the cryptocurrency. As the market continues to evolve, XRP is poised for significant price increases, positioning it as a strong contender in the digital asset space.