XRP Bulls Set Their Sights On $222—Can It Happen?
Egrag Crypto, analyst, said XRP may be in a huge price increase. The famous charterist has identified what he calls the “kangaroo phase”, a period of mergers that could lead to breakthroughs.
He believes that based on historical trends and key technical indicators, XRP If the conditions are aligned, it may reach $222.
XRP key support and resistance levels
Egrag encryption identification is important Pricing range This shows that XRP remains firm. Altcoin has been above the critical support line, which will provide the basis for a steady rise. He also highlighted the interaction of XRP with the bull market support band, as successful retests enhance the momentum of optimism.
#xrp – Kangaroo Stage
#xrp Preparing for the next big leap! Why:
Stay above the critical support trend level
– Egrag Crypto (@egragcrypto) March 5, 2025
Potential price targets
Based on previous results, Egrag encryption sets some XRP pricing targets. He believes that with the momentum rising, XRP may reach the first range, between $8.50 and $13.00. The next target is $27, which is now higher than the price increase.
The maximum price for people with a long-term perspective is estimated to be $222. Analysts cite XRP’s 2017 rise, in which case cryptocurrencies follow a similar trend before soaring. If history repeats itself, he suggests that this ambitious goal may be reachable.
When writing, XRP is Trading price is $2.51Coingecko data shows that it grew by 2.6% and 13.1% in both daily and weekly frames.
Historical trends provide clues
The inspections conducted by Egrag Crypto are mainly dependent on historical market trends. Following the Fibonacci expansion model, XRP hit $1.618 in 2017, before making a major breakthrough. If the same pattern is displayed on the chart again, you can set the altcoins at the top to a similar large transition.
Many analysts adopt Fibonacci Reply and expand levels to suggest the future performance of the crypto market. While these technologies help identify possible market trends, there is no specific way to guarantee success. Given the significant changes in the market since 2017, the important question is whether the coins can replicate past performance.
The market remains uncertain
At the same time, even with optimistic views, the future of XRP is unknown. Digital currency space fluctuates as always, so price forecasts can bring unexpected challenges. Regulations, general market sentiment and changes in external economic events play a key role in the price trajectory of XRP.
Featured images by Gemini Imagen, charts by TradingView
