XRP News Today: XRP Could Surge 1,772% to $27 in 60 Days, Mirroring 2017 Pattern

An analyst has predicted that XRP could surge to $27 within approximately 60 days, mirroring its price movements from 2017. The expert highlights that the token's current behavior resembles its past performance, attracting the attention of traders who are closely monitoring the situation. The strategy is straightforward: replicate historical patterns, achieve significant targets, and take profits along the way.

According to reports, XRP initially rose from $0.0055 in March 2017 to $0.3988 by May of that year. It then experienced a cooling-off period for about six months. In its current cycle, XRP hovered around $0.50 for most of 2023 and into early 2024. Following the US elections in November 2024, it surged nearly 600%—from $0.50 to $3.40 by January 2025. It has since pulled back and stabilized. This pattern closely resembles the events of eight years ago.

Analyst Egrag Crypto has identified three key price zones before reaching the $27 target. The first zone is at $8.49, which corresponds to the 1.272 Fib extension. The second zone is at $13.79, which is the 1.414 Fib level. If the token repeats the 2017 pattern, it could reach a peak near $27, representing a 1,772% surge. Achieving this in 60 days is ambitious, but the mathematical alignment suggests that history could repeat itself. Traders are advised to secure profits along the way rather than waiting for the final target.

XRP is currently trading at $2.34. To maintain the bullish outlook, XRP must stay above the 21-week exponential moving average, which is around $2.30. XRP is currently trading at approximately $2.33, just above this level. If the price falls below $2.30, the bullish scenario could weaken, potentially leading to a drop toward the $2.00 zone or other support levels indicated by on-chain data.

Market observers are skeptical about a 1,772% move within two months, given the ongoing legal uncertainties surrounding Ripple and the volatile nature of crypto sentiment. However, some believe that once XRP surpasses $2.70—the 1.414 Fib level—it could gain enough momentum to push past $3.00 and beyond. Based on these factors, a move to $27 by July 2025 is possible but challenging.