Analyst to XRP Holders: Stay Steady, Current Rally Is Shooting for $20

Crypto analyst Egrag Crypto has issued a timely reminder to XRP holders: remain calm and stay the course. In a recent X post, Egrag referenced data from previous market cycles to suggest that the current rally could push XRP to as high as $20.

Drawing from historical trends, he noted that if XRP were to follow its 2017 trajectory, it could reach an astonishing $33. From the 2021 cycle, the projected peak would be around $7.70. Averaging both figures, he lands on a balanced and potentially realistic price target of $20 for the current bull run.

This projection is not just based on hope or hype, but on measured analysis of XRP’s behavior in prior cycles.

Learning from the Past: XRP’s Historical Rallies

XRP’s 2017 bull run remains legendary. The token surged over 2,700%, climbing from under a cent to above $3.30, as global interest in crypto exploded. Then came the 2021 cycle, where XRP, despite facing legal challenges from the U.S. Securities and Exchange Commission, still managed a notable rally to around $1.90, roughly a 1,000% rise from its local bottom.

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:320px;height:100px;} } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^="wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5"]{width:728px;height:90px;} }

Egrag uses these two rallies as reference points. The 2017 rally, in particular, was driven largely by speculative enthusiasm, while the 2021 move occurred in a maturing market, with more caution due to regulatory uncertainty. By averaging the peak potentials of both, Egrag frames $20 not as an exaggerated hope, but a midpoint shaped by data and tempered expectations.

XRP’s Present Momentum

As of the time of writing, XRP is trading at $3.53, showing continued strength after breaking key resistance levels earlier in the month. Market sentiment remains firmly bullish, with XRP consistently ranking among the top performers in daily trading volume. Technical indicators, including the breakout from a long-standing descending channel and the ongoing re-expansion of the Bollinger Bands, suggest that momentum is still building.

On-chain activity is also supporting the bullish case. The number of active addresses, transaction count, and ledger throughput continue to rise. The XRP Ledger’s increasing adoption, especially through smart contract deployments and enterprise use cases, has made it clear that XRP is now backed by real-world utility, not just speculative trading.

Why $20 Is Plausible, Yet Challenging

While Egrag’s target is ambitious, it isn’t outside the realm of possibility. A $20 XRP would represent more than a 470% increase from current levels. For such a move to occur, it would likely require a confluence of events: continued bullish momentum in the broader crypto market, further legal clarity in the U.S., major institutional adoption, and perhaps even the launch of an XRP spot ETF.

However, reaching $20 would also mean surpassing all prior all-time highs by a wide margin, making it a tall order under current conditions. Many conservative forecasts, such as those from algorithmic platforms like Changelly and CoinCodex, place XRP’s 2025 targets in the $4 to $7 range, reinforcing that Egrag’s estimate is an upper-bound scenario based on historical performance.

Final Thoughts

Egrag Crypto’s $20 target is a message of cautious optimism. By using past cycles as a guide, he offers XRP holders a reason to remain confident, without becoming irrationally exuberant. The projected average reflects both history and hope: a target that honors XRP’s previous peaks while acknowledging the market’s current maturity.

Whether or not XRP reaches $20 in this cycle, Egrag’s balanced perspective provides a clear reminder to holders: stay steady, stay informed, and respect the patterns that shape the future.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*


XRP-1.31%
RLY2.01%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)