Although the price of XRP has declined in recent months, a great claim that revives the excitement of investors is on the agenda. Recognized market analyst Ekrag Crypto announced the definitive date that XRP will reach $ 27, the long -awaited two -digit price target. Although the first quarter of 2025 is challenging for XRP, this estimate can change the direction of the market. Can XRP really break a new record by gaining 1,191 %in the next two months?
Target for XRP Net: 27 dollars in 63 days!
Ekrag Crypto offered a remarkable analysis based on XRP’s past price movements. Especially the analyst based on the price cycle in the 2017 bull market argues that a similar scenario is repeated. According to him, Ripple can reach $ 27 within 63 days from $ 2 this week. This takes us to June 2025.
Analyst recalls that in 2017, XRP experienced a similar process. At that time, Ripple withdrew to $ 0.39 in May and withdrew to $ 0.18 in November, starting from $ 0.18 to $ 3.8 within 9 weeks. Ekrag thinks that the same formation is now formed and the new summit is inevitable.
Fibonacci levels show 27 dollars this time
ECRAG’s $ 27 target is not a random. This price corresponds to the 1.618 Fibonacci extension level for XRP. In the 2017 rally, this level was $ 3.3 and the XRP had reached that target. Now a similar extension level shows $ 27 for 2025. The analyst emphasizes that this goal will be a “cyclic summit ..
Actually, this guess is not new. In February 2024, ECRAG had the same target when XRP was still around $ 0.54. At that time, a rise of 4,900 %was required. Now, the XRP is traded at $ 2.09, and for this target, a “only” increase of 1.191 %is sufficient. So the target now looks much more realistic.
Spring signal with kangaroo stage and bull support
Ekrag states that XRP is currently in a phase that it calls the “kangaroo stage .. This period represents a phase in which the price gathered at the support levels before the big jump. XRP’s passing through this phase may be preparing the ground for the upward explosion in the coming days.
In addition, the XRP’s Testing the Bull Market Support Band (BMSB) level shows that the strong support of the bull market is still working. When these technical signals are combined, according to Ekrag, XRP may have only a few weeks left for the “big explosion”.
