XRP Price May Surge 2400% by 2025, Says Analyst

Crypto analyst Egrag Crypto has shared an updated analysis on the price trajectory of XRP, refining earlier projections with a focus on Fibonacci extensions. The analyst describes the current price action of XRP as being in a "Bermuda Triangle or boredom phase," suggesting a period of relative stagnation before a potential significant price movement.

The latest "XRP Bermuda Triangle" chart released by Egrag Crypto presents a detailed technical analysis that combines Fibonacci arcs and symbolic zones to project XRP’s future price movements. The chart tracks XRP’s progression through seven significant Fibonacci arcs. As of January 2025, XRP has moved past the first four arcs, indicating a change in market momentum. The price is now navigating between arcs five and seven, with each arc potentially acting as a resistance or acceleration area. The month of March is highlighted as crucial when these arcs converge, suggesting increased volatility.

The Bermuda Triangle structure incorporates symbolic zones that reflect the psychology of XRP traders and overall market sentiment. After reclaiming the Equilibrium zone near $1.12 and breaking above the long-term Atlas Line, XRP pushed through the Final Wake-Up Line—a downtrend that lasted for several years. This breakout led to a volatile period known as the Red Lake, historically marked by strong price rejections. Having moved out of the Red Lake, XRP is now in what Egrag calls the Blue Ocean—a wider range with less immediate resistance.

Key Fibonacci levels within the Blue Ocean zone include $1.97, $2.77, $9.71, and $18.01. These levels are combined with forecasts from Elliott Wave theory, which suggests Wave 3 could reach as high as $13 or $21. Assuming historical patterns and Fibonacci extensions hold, Wave 5 could potentially drive the price toward $27 or even higher. The analyst's forecast suggests that XRP could hit $27 based on the "Bermuda Triangle" analysis from January 2025.

The updated analysis highlights XRP’s resilience, noting that the asset has maintained full-body closes above the Fibonacci 1.0 level for three consecutive months. According to Egrag, this is a strong bullish signal, as full-body candle formations provide more reliable confirmations of price movements compared to wick-based fluctuations. He also identifies the absence of resistance at the Fibonacci 1.236 level as a critical factor, suggesting that XRP is poised for its next leg up. His projections estimate a price range of $5 to $6 in the near term, with the potential for wicks reaching up to $9 or $10 if Fibonacci 1.618 is tested.

Egrag outlines multiple potential scenarios based on market timing. If the anticipated price surge occurs before May, a correction could follow before further bullish continuation. However, if this move happens later in the year—toward the end of summer or in Q4—this could indicate a cycle top, signaling the conclusion of the current phase. He supports the four-year cycle theory, suggesting that XRP’s price movements align with historical market behavior.

This update builds upon Egrag’s January 2025 analysis, where he introduced the “Bermuda Triangle” framework. This structure incorporates Fibonacci Circle price targets, critical support levels, and long-term market patterns. He previously identified key technical elements, such as the Atlas Line, which he described as an essential support structure maintaining XRP’s price stability. In that analysis, he also emphasized the importance of the Seven Arcs, which represent Fibonacci Circle-based price targets. With the first four already breached, the next focus is on Arcs 5, 6, and 7, particularly around March 10, 2025. His outlook remains unchanged in this latest update, reinforcing his belief in the long-term trajectory of XRP.

The confluence of technical indicators and symbolic zones in the Bermuda Triangle chart aims to serve as more than just a visual representation—it’s presented as a strategic roadmap for those looking at XRP’s long-term potential. The chart uses Fibonacci arcs to map XRP’s potential price path, with the Red Lake and Blue Ocean zones on the chart representing market behavior. Technical analysis suggests XRP to potentially reach price targets ranging from $13 to $27.