Crypto analyst Egrag Crypto has reiterated his prediction that XRP could reach $27, this time pointing to a technical formation that could drive a parabolic surge toward that target.
In a post on X, Egrag outlined three Linear Regression price targets for XRP: $3.40, $10, and $27. He explained these levels are based on the long-term Logarithmic Linear Regression Channel.
The $3.40 mark is described as a mean reversion level. A rejection from this point would be a strong bearish signal, while a sustained close above it would signal a return to macro bullish territory. The $10 target represents the upper midline of the channel, where bull market momentum typically accelerates. Finally, $27 is identified as the top of the channel, supported by multiple long-term technical convergences.
This prediction comes amid positive developments for XRP, including Ripple’s conditional approval for a national trust bank charter, the launch of a wrapped XRP token on Solana by Hex Trust, and the integration of Ripple payments by Swiss bank AMINA Bank.
Meanwhile, analyst CasiTrades notes that key technical levels for XRP remain unchanged. Macro supports are at $2.03 and $1.64, with macro resistance at $2.41. A break above $2.41 could open the path toward $2.75 and $2.90, while a drop below $2.03 might lead to a test of $1.64.
Adding to the optimistic outlook, the world’s largest IQ holder, YoungHoon Kim, suggested XRP has a strong chance of reaching a new all-time high by year-end.
At the time of writing, XRP is trading around $2.01, showing a slight decline over the past 24 hours.
Frequently Asked Questions
Of course Here is a list of FAQs about the XRP Price Could Hit 27 prediction designed to be clear direct and helpful for all levels of understanding
Beginner General Questions
1 What is this 27 XRP prediction based on
Its based on a specific technical analysis pattern called a symmetrical triangle that some analysts have identified on XRPs longterm price chart The pattern suggests a potential breakout and a large price move if certain conditions are met
2 What is a symmetrical triangle in simple terms
Imagine a chart where the highs are getting lower and the lows are getting higher forming a shape that converges like a triangle It shows a period of consolidation before the price typically makes a significant move up or down
3 Does this mean XRP will definitely hit 27
No it is not a guarantee Technical analysis is a tool for identifying possibilities based on past patterns not a crystal ball Many external factors like regulations overall market sentiment and adoption can override any chart pattern
4 What is a 1300 surge
A 1300 surge means the price would increase by thirteen times its current value For example if XRP were at 2 a 1300 surge would take it to approximately 27
5 Is this news or just an analysts opinion
This is an analysts prediction or interpretation of chart data not official news from Ripple or a financial institution Its important to distinguish between market analysis and confirmed developments
Advanced Technical Questions
6 What are the specific conditions needed for this prediction to be valid
For the pattern to play out XRPs price would need to sustainably break out above the upper trendline of the triangle with significant trading volume A breakout without strong volume is often a false signal
7 What is the timeframe for this 27 target
Analysts proposing this pattern are typically looking at a multiyear chart This is not a prediction for next week or month but a potential longterm scenario if the bullish pattern completes
8 What are the major risks that could invalidate this pattern
Key risks include a breakdown below the triangles lower trendline