XRP News Today: XRP Surges 479% Since 2022 Forecast, Analyst Sees Further Gains

Analyst EGRAG CRYPTO recently revisited his 2022 technical analysis, which had forecasted a long-term target of $22 for the cryptocurrency XRP. At the time of the post, XRP was trading at approximately $0.37. With the current price standing at $2.14, the analyst suggests that investors who did not buy earlier are not the only ones at risk of missing out. He believes that the current $2 region will soon be seen as another missed opportunity, highlighting how many had ignored XRP’s potential when it traded below $0.40. He warns that hesitation may repeat itself as XRP continues its upward trend.

The chart originally shared by EGRAG in August 2022 remains central to his prediction. It shows a clear long-term cup and handle formation beginning in 2018, with XRP eventually breaking above key technical thresholds and setting the stage for higher extensions. According to Fibonacci levels drawn on the chart, the most prominent long-term price targets lie well above the current $2 range. Among these targets, $4.3792 (Fib. 1.414) is notable as it sits close to the $4.22 target recently set by another well-known analyst. $6.49 at the 1.618 Fibonacci extension is another notable target, and the targets continue climbing until the potential peak at $45.03 (Fib. 2.618), another target he has previously set for the asset. EGRAG has emphasized $22.99 as a major psychological and structural target within this setup. He recently predicted that the asset could reach this level by December, and previously noted that while the road may be “stumbly,” the structure provides a roadmap that supports this outlook.

With XRP now firmly above the $1.10–$1.50 zone, which his earlier chart labeled as pivotal, the asset’s breakout confirms his earlier projections. Attention has now shifted fully to price targets beyond $2, with no technical relevance remaining below that level in his current narrative. EGRAG’s message reveals a recurring dynamic in crypto markets where investors often fail to act when assets are undervalued and become paralyzed by doubt when prices rise. Meanwhile, prominent voices in the crypto space have repeatedly advised investors to buy XRP and wait rather than waiting to buy. According to the analyst, waiting on the sidelines now may result in regret later, just as it did in 2022, and anyone looking to profit from the crypto market needs to get in early.