Crypto Analyst Predicts XRP Could Surge 1500% to $27 as Historical Pattern Repeats

The excitement around the XRP ecosystem has pushed its price up recently. Some market experts believe XRP could jump by 1,500%, based on past trends.

Specifically, market analyst Egrag Crypto supports this idea, saying that if XRP follows its 2017 rally, it could see a similar rise. His prediction is based on past market trends and important technical signals.

#XRP – Double Digits – 1500% Pump ⛽️:

Let’s break down what’s happening with #XRP:

1⃣ Bull Market Support Band (BMSB): This is our key indicator for determining whether we’re in a #BullRun or a #BearMarket. Currently, we’re positioned above the BMSB. I mentioned in a previous… pic.twitter.com/PNB4OmuCN8

— EGRAG CRYPTO (@egragcrypto) February 6, 2025

Analyst Predicts XRP to Reach $27

In a recent X post, Egrag Crypto predicted a substantial surge for XRP, suggesting it could reach $27. He based this projection on the Bull Market Support Band (BMSB), a key indicator of market trends. 

The accompanying chart shared by the analyst shows that XRP is currently positioned above the BMSB, indicating the potential for a bullish phase. Notably, the price recently revisited this level, confirming his earlier prediction.

The analyst also pointed out that the digital asset is following a pattern similar to that of 2017. Back then, it reached the Purple Foundation and the BMSB before rising by about 1,500% in four weeks. For context, the weekly chart shows that XRP went from $0.02500 to $0.39887 between April 3, 2017, and May 17, 2017.

Meanwhile, the current market cycle shows XRP following the same pattern, as shown in the chart. Egrag Crypto pointed out that the cryptocurrency has reached the Purple Foundation and the BMSB again, which suggests a similar breakout might happen. Notably, if the trend repeats the 2017 rally, XRP could rise to around $27 in just one month.

Could XRP Reach $100?

In a related development, public figure Tristan Tate recently questioned the attention surrounding XRP and whether its price could reach $100. In response, Stef, an XRP community member, outlined reasons he believes the token could experience a significant price surge.

One main reason is XRP’s potential to replace SWIFT, the traditional system for international bank transfers. Stef explained that SWIFT is slow and costly, while XRP completes transactions in seconds at a lower price. He suggested that if XRP captured even a small share of SWIFT’s market, its demand and price could grow significantly.

Stef also underscored the significance of regulatory certainty, noting that its absence hinders institutional engagement with Ripple and XRP. However, he anticipates that the new administration will establish clearer guidelines, boosting appeal and potentially leading to price appreciation. 

Furthermore, he highlighted XRP’s finite supply and expanding use cases as elements that could enhance demand. He also stressed the token’s practical applications, such as facilitating cross-border transactions, enabling asset tokenization, and supporting smart contracts.