This Shocking XRP Price Prediction Points to $27 by June 2! Solaxy Eyes Big April

The XRP price got hit during the current market downturn with a 16.5% dip this week and is now trading just slightly above $2.

Analyst ‘EGRAG CRYPTO’ talked to his 80k followers on X again about XRP price and made a potentially unrealistic price prediction for the next 60 days.

EGRAG’s Bold XRP Price Prediction

The analyst’s chart compares XRP’s current movement to its historical 2017 parabolic surge. Back then, the XRP price climbed from below $0.01 to around $3.38 in just 63 days, spanning 9 weekly bars.

EGRAG believes we’re seeing a similar pattern today. His analysis suggests the current breakout could follow the same timeline, with a 63-day blast-off period ending on June 2, 2025. The XRP chart maps several Fibonacci levels with the 1 Fib at $3.38 (matching the 2018 peak) and an ambitious 1.618 Fib extension at approximately $27.68.

The current price of $2.06 sits above key support structures, with the 0.702 Fibonacci level ($1.2276) serving as a foundation. The long-term bottom is marked at $0.11, represented as the 0 Fib line.

In his tweet, EGRAG boldly declared “XRP – $27 In 60 Days!!!!!” while asking followers about their market sentiment. The attention-grabbing headline uses the historical 2017 pattern as evidence, though many might question if such a dramatic surge could happen again in today’s market conditions.

Read also: Ripple Analyst Warns: XRP Set to Hit New ATH Within 90–120 Days, as Solaxy Nears $30M Mark

Solaxy Eyes Big Things in April, Almost $30 Million Raised in Presale

Priced at just $0.00168 in its current presale phase, Solaxy has already raised over $28.6 million in what’s become a viral crypto presale. This project bills itself as the first ever layer-2 solution built specifically for Solana, with substantial utility behind it.

Some market watchers are drawing comparisons to Pepe Unchained, Ethereum’s layer-2 that achieved an 8x gain post-launch in December. With the SOLX token expected to launch in just a few weeks, similar performance could be possible.

Solaxy fixes Solana’s slowdowns by working as a second layer on top of the main network. It also connects Solana with Ethereum, making it easier to send crypto between these two popular blockchains. The system moves most transactions off the main Solana chain, which means faster and cheaper transactions for users.

The platform comes with tools that can spot potential network problems before they happen. This helps keep everything running smoothly even when lots of people are using the network at once.

Recently, the Solaxy team implemented improvements to increase transaction speed and data handling capacity. They’ve introduced “Soft Confirmations” to the system and adopted a new sequencer design from the Sovereign SDK. These updates allow users to see their transactions confirm more quickly, as the system can validate them before they reach the full rollup process.

With these technological advancements and strong presale performance, the SOLX token could become a big project crypto this year.

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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