XRP To $27: Timeline Leaked – Are You Ready? 📈
An analyst suggests that XRP might rise to $27 in 60 days if it mimics patterns from 2017. The market expert notes XRP resembles its 2017 behavior, catching traders' attention. The plan involves history repeating, achieving significant targets, and earning profits along the way.
XRP initially rose from $0.0055 in March 2017 to $0.3988 by May before cooling for six months. In 2023, XRP lingered around $0.50 until November 2024's post-US election surge, climbing nearly 600% to $3.40 by January 2025.
Analyst Egrag Crypto identifies three price zones leading to the $27 target: $8.49 (1.272 Fib extension), $13.79 (1.414 Fib), and a potential 1,772% surge echoing 2017's wave. Achieving this in 60 days is ambitious, but historical patterns and mathematical projections support it.
XRP's trajectory relies on maintaining its position above the 21-week exponential moving average, currently near $2.30. Falling below could trigger selling, pressing prices toward challenging floors like the $2.00 zone.
CME Group's new XRP futures contracts, launched mid-May 2025, traded 1,380 contracts, totaling approximately $35.8 million in volume relative to XRP's $138 billion market cap. While small, it hints at potential institutional interest if volume increases.
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