Analyst Predicts XRP Price To Reach $110, Here’s When

Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price, predicting it could rally to triple digits. The analyst revealed when the crypto would enjoy this parabolic rally to this price target.

XRP Price To Hit $110 In The Next Cycle

In an X post, crypto analyst Egrag Crypto predicted that the XRP price could rally to triple digits and hit $110 in the next bull cycle. He also predicted that the crypto would reach double digits this cycle and gave an update on his ‘ Just Do It’ chart analysis to explain why this price surge would happen.

Alluding to his accompanying chart, the analyst noted that the measured move of the cup pattern had formed well within the arc. He added that the breakout has confirmed that the pattern is unfolding just as expected.

In line with this, Egrag Crypto stated that the potential top for this XRP rally is around $13, indicating that is where the crypto could top in this cycle. Meanwhile, the XRP price is expected to then rally to as high as $110 in the next bull cycle.

In another X post, the crypto analyst gave his take on the current XRP price action while analyzing the 8-hour time frame. Alluding to his chart, he stated that as long as XRP stays within the horizontal channel, everything else is just market noise.

He remarked that a close below $2.3o is bearish while a close above $2.60 and $2.85 is bullish and “super bullish,” respectively. He added that a close above $3.11 would lead to a rally toward XRP’s current all-time high (ATH) and possibly set a new one in the process.

A Rebound To A New ATH At $4 Is On The Cards

In an X post, Mikybull Crypto predicted that the XRP price could rebound to as high as $4, marking a new ATH for the crypto. His accompanying chart showed that the rally to this $4 price target would happen this month.

The chart shows that XRP could still rally to as high as $5.5 after hitting the $4 target. Crypto analyst Dark Defender also predicted that the price could soon surpass the $5 mark.

He stated that XRP has almost finalized the consolidation on the daily chart, as seen from the Relative Strength Index (RSI) lows. In line with this, the analyst asserted that Wave 3 is preparing to fire the bullet against the $5.85 resistance. The analyst added that the short-term target is $5.85 and $8.76.

The analyst had before now predicted that XRP could reach $8 as long as it holds above the $3 level, which remains a crucial breakeven point. This time around, Dark Defender highlighted $1.88 and $2.33 as the important support levels for XRP.

XRP Still In A Consolidation Phase For Now

In an X post, crypto analyst CasiTrades said that the XRP price was still consolidating, even as the crypto held up nicely over the weekend. She noted that this price action is what is expected for wave 4. However, the analyst added that she thinks it is possible to have one more low before the price correction is completed.

CasiTrades further stated that the most alignment for XRP is at $1.92 to $1.88, which are the .618 Fibonacci extension and .5 retrace levels. In line with this, the analyst revealed these are key areas to watch. Meanwhile, she revealed that she has slightly adjusted buys to $2.09, $1.92, and $1.53.

The crypto analyst asserted that the XRP price is at a decision in the market being at the apex of the consolidation now. She said a break above would target $2.92 for a potential C wave. On the other hand, a break below would target the support levels at $2.09, $1.92, and $1.53.

It is worth mentioning that crypto analyst Egrag Crypto had predicted that XRP could crash to as low as $1.4 if it mirrors a similar corrective move from the previous cycle. The analyst suggested that such a price crash is a great buying opportunity as he predicted that XRP will still rally higher in this market cycle.

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