Experts Predicts XRP Price Will Hit ‘Double Digits This Cycle, Triple Digits Next’ – Here’s Why
EGRAG CRYPTO has made bold predictions about XRP future price trajectory, suggesting it will reach double digits in the current market cycle and potentially triple digits in the next. The crypto analyst shared these insights while acknowledging a chart originally posted by MoonLamboio.
According to EGRAG CRYPTO, XRP journey to double-digit prices is more straightforward than many investors might think. The cryptocurrency has already reached $3.40 in previous market cycles, meaning it would only need to achieve a 2.94X increase from that point to hit the $10 mark.
To put this in perspective, EGRAG CRYPTO points out that Bitcoin managed a 21X increase during the last cycle, climbing from $3,000 to $69,000. Ethereum performed even more impressively with a 58X surge from $81 to $4,891. Against these benchmarks, XRP would only need a 35X move from its cycle low of $0.28 to reach $10 – a target the analyst considers entirely reasonable.
The hardest part of this journey has already been accomplished, with XRP having achieved a 13X increase from $0.28 to $3.40. Now, just another 3-4X growth is needed to break into double digits.
Several catalysts could drive this growth, including 17 XRP ETFs currently in development, approaching regulatory clarity as the SEC case concludes, and expanding real-world utility and adoption. Under these conditions, EGRAG CRYPTO believes a market capitalization of $500-700 billion for XRP is reasonable.
Triple Digits: Breaking Down the Possibilities
The path to triple-digit prices for XRP depends largely on where this current cycle peaks. EGRAG CRYPTO outlines three potential scenarios:
In a pessimistic scenario where XRP only reaches $3.40 in this cycle, hitting $100 next would require a 30X increase. While substantial, the analyst argues this is achievable given the expected expansion of the overall crypto market. With cryptocurrency adoption currently at just 1.5% of its total potential, there’s enormous room for growth as the “Internet of Value” absorbs trillions from global industries.
EGRAG CRYPTO predicts crypto will emerge as the 12th major economic sector, integrating with existing sectors including agriculture, mining, construction, manufacturing, utilities, wholesale trade, retail trade, transportation, information technology, finance and insurance, and healthcare.
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In a more conservative scenario where XRP reaches $10-$20 this cycle, achieving $100 next cycle would only require a 5X to 10X move – which the analyst considers very reasonable.
The optimistic scenario envisions XRP surging to $27-$33 this cycle, meaning it would only need a 3-4X increase to hit $100 in the next cycle – something EGRAG CRYPTO describes as “practically a given in a full-fledged bull run.”
The analyst concludes that these price targets are doable, achievable, and mathematically sound, with chart analysis confirming the potential. EGRAG CRYPTO expresses such confidence in XRP’s future that they might “sell every other coin,” while keeping XRP as a permanent fixture in their portfolio.
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