Could XRP really surge to $27 this summer? One analyst thinks so – and he’s backing it with a very specific timeline and chart setup.
Crypto analyst EGRAG Crypto, known for long-term XRP predictions, has released a bold update: he believes XRP could hit $27 within the next 60 days. If that sounds familiar, it’s because he’s drawing this projection directly from XRP’s past – specifically, the second wave of its 2017 bull run.
EGRAG points out that in late 2017, XRP followed a two-phase breakout pattern. First, it spiked nearly 7,000% in a few months, cooled off, then launched again with a second rally of 1,772% in just 63 days, hitting its all-time high of around $3.80 in early 2018.
Now, he says we’re seeing the same pattern again.
XRP struggled through most of 2023 and 2024. While other altcoins pumped, XRP was mostly flat, hovering near $0.50. But everything changed after the U.S. elections. The token shot up nearly 600%, jumping from $0.50 in November 2024 to around $3.40 in January 2025.
Since then, things have gone quiet again. Price has pulled back and settled into a slow consolidation phase. In fact, this past week has been sluggish – XRP barely moved, floating between $2.30 and $2.45. It’s that silence, EGRAG believes, that marks the beginning of the second act.
His chart shows a strong similarity to the 2017 setup: a breakout, a cooldown, and a new wave coming next. If the fractal holds, XRP could once again explode 1,700%+ – but this time, the XRP price target is far higher.
That target? $27.
EGRAG uses Fibonacci extensions to outline the next big milestones:
- First resistance: $8.49 (Fib 1.272)
- Next level: $13.79 (Fib 1.414)
- Final target: $27.68 (Fib 1.618)
He emphasizes that profit-taking along the way is smart, but insists that the full move to $27 is on the table – if the structure plays out.
There’s a condition, though.
XRP needs to stay above its 21-week EMA, currently near $2.30. If it holds that level, EGRAG says the bullish momentum remains intact. He also highlights $2.70 as a breakout signal. A push above $3 would confirm the rally is real.
So, when exactly?
He’s pointed to July 21, 2025 as the key date. That’s 60 days from his analysis post and matches the 63-day timeframe from 2017. It’s not just technical – it’s psychological. XRP holders have waited years for the breakout. Many believe this summer could finally deliver.
Of course, nothing is guaranteed. Crypto is unpredictable, and repeating history is never a sure thing. But for those watching XRP closely, this is the most exciting setup in years.
If EGRAG is right, XRP isn’t just going up – it’s about to go parabolic.
Still, a $27 XRP in 2025 is a stretch. Even though it’s not impossible, it would require a perfect storm of momentum, news, and market sentiment. Only time will tell how far this rally can really go.
Read also: Here’s Why Monero (XMR) Price Is Pumping
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