When XRP Price Can Hit $8, $13, & $27? Analyst Reveals Timeline

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When XRP Price Can Hit $8, $13, & $27? Analyst Reveals Timeline – Crypto News

Published

4 months ago

February 17, 2025

Dripp

XRP price slips more than 4% slipping below the key support of $2.7 sparking concerns over further dip ahead. Although Ripple’s native crypto has soared past the $2.8 mark recently, fueling market sentiment towards a potential rally to $3 next, recent movements have left many questioning the future of the crypto.

However, citing technical indicators and other key metrics, a top market expert reveals when the crypto can hit a new ATH of $8, gaining immense market attention. Besides, he also provided an outlook for the crypto’s further rally to $13 and $27.

Analyst Highlights Bullish Technical Indicators For XRP Price

Crypto expert EGRAG CRYPTO has highlighted crucial technical patterns indicating the next major move for the XRP price. According to his analysis, the 21-week exponential moving average (EMA) has been a key support level for the crypto. Even during the latest flash crash, this indicator held firm, signaling a strong foundation for price stability.

EGRAG CRYPTO noted that XRP is currently consolidating between Fibonacci (Fib) levels 0.888 and 1.0, within the $2.25 and $3.30 range. This setup, according to technical analysis, sets the stage for a potential breakout. He outlined a key Fib intersection expected on March 10, 2025, which could push the crypto’s price to $8, representing a 3x surge from current levels.

Besides, he projected further rally looking ahead for the asset. According to his analysis, XRP price could climb to $13 by September 22, 2025, and potentially $27 by June 30, 2025, based on further Fibonacci extensions. Besides, a recent report also revealed the timeline for XRP to hit $17.

Source: EGRAG CRYPTO, X

Short-term Outlook For The Crypto

Another analyst, Dark Defender, remains optimistic about the short-term prospects for XRP price. He predicts that reclaiming the $2.7740 level could pave the way for a rally to $3 soon. In his recent analysis, he emphasized that breaking the current resistance zone could signal a much larger breakout toward double-digit price levels.

Ripple prediction — Source: Dark Defender, X

Notably, this also resonates with the latest predictions by other experts. For context, in a recent X post, renowned expert Ali Martinez said that Ripple’s native asset is following a “cup and handle pattern”, which indicates a potential breakout to $3.35 ahead.

Ripple analysis — Source: Ali Martinez, X

Is XRP Poised To Flip Ethereum?

Despite the recent volatile price movements, experts remain optimistic about the XRP price trajectory. Analysts have also predicted that crypto will flip Ethereum soon, which has further sparked market discussions.

Meanwhile, Dark Defender compared XRP’s performance to Ethereum, asserting that the former has begun to flip ETH in market performance. He pointed out that, over a period from September 2023 to January 2025, XRP’s price surged by 564%, while Ethereum only gained 80%.

This significant difference, according to him, proves Ripple’s native crypto’s growing dominance in the market. Moreover, he criticized skeptics who dismiss technical analysis, stating that mathematical patterns in price movements provide valuable insights into XRP’s future potential.

XRP Price prediction — Source: Dark Defender, X

What’s Next For XRP Price?

As of writing, XRP price was down 4.13% and exchanged hands at $2.67. However, the crypto has added nearly 12% over the last seven days, due to a flurry of positive market developments surrounding Ripple and the crypto. Meanwhile, XRP Futures Open Interest fell 6% to $4.07 billion after recently hitting $4.2 billion.

XRP Futures Open Interest — Source: Coinglass

However, looking at the current market trends, it appears that XRP is likely to witness a robust rally ahead. For context, market speculations are soaring over a potential dismissal or settlement in the Ripple Vs SEC case under the upcoming US SEC Chair. This expectation, if comes true, can boost the crypto’s price to a new high.

On the other hand, soaring anticipation over a potential XRP ETF approval in the US has further bolstered market sentiment. The investment instrument can significantly raise the crypto’s appeal to institutional investors, paving the way toward a robust rally ahead.