XRP Primed for Massive Rally: Analyst Eyes $9.60 or $33 Targets
Market expert Egrag Crypto has unveiled two compelling price scenarios for XRP, suggesting the digital asset could be on the cusp of a significant rally. Drawing parallels from historical performance, these analyses project potential targets ranging from a steady climb to $9.60 to an ambitious surge reaching $33.
XRP Targets $9.60 Following Crucial Retest
Egrag Crypto's first scenario harks back to XRP's performance during the 2021 bull cycle, emphasizing the cryptocurrency's critical interaction with the 21 Exponential Moving Average (EMA). Despite facing a turbulent period, XRP successfully reclaimed and maintained the 21 EMA as a vital support level. This pivotal retest historically preceded a remarkable 414% price surge for the digital asset. Applying this same percentage gain to XRP's current market dynamics, particularly its recent retest of the 21 EMA on June 9, Egrag Crypto forecasts a rally that could push XRP's price to approximately $9.60.
The Path to a $33 "Moonshot"
The second, more ambitious scenario draws inspiration from XRP's explosive 2017 rally, where the 21 EMA served as a powerful launchpad for growth. During that period, XRP bounced off this key support level twice, paving the way for an astonishing 1,610% increase that propelled the asset to an all-time high of $3.84. Should XRP replicate these 2017 dynamics in 2025, Egrag Crypto predicts a similar 1,610% surge, potentially pushing the asset towards a more ambitious target of $33. This potential breakout, coupled with the recent conclusion of the US SEC lawsuit and XRP's repeated 21 EMA retests this year, suggests that market conditions are aligning for substantial upward momentum. Currently, XRP is trading at $2.87, having declined by approximately 5% in the past week and is consolidating below the $3 resistance level, indicating a pivotal moment for its future trajectory.
