Analyst Predicts $XRP Will Reach a Peak of $27 in the Upcoming Cycle

Predicting the price of XRP is very important for traders, with price action acting as the main indicator to chart the future trajectory of the token. The fourth largest cryptocurrency by market capitalization has dropped nearly 11% in the past 24 hours but still holds above $2 after recently reaching $2.14. Analysts rely on tools such as linear regression models to predict price fluctuations in the future, as price action often dictates market sentiment, driving narratives in the cryptocurrency space. While XRP reached a multi-year high of $2.86, it still trades more than 47.54% lower than its all-time high of $3.84, with new forecasts pointing to a strong price surge ahead. And so, in this case, the analyst “EGRAG CRYPTO,” in a post on X (formerly Twitter), used linear regression to analyze the price fluctuations of XRP. This technical tool helps traders identify entry and exit points by determining overbought and oversold levels through upper and lower bands. The main levels to monitor According to analysts, XRP could reach $6.4 in March 2025 or earlier, matching the highest level of the regression channel. A breakout on this channel could push XRP to $8.5, signaling a new record high after seven years. The price of $4.4 is considered important, as noted by analysts, as a stepping stone to achieve higher goals. He predicted that the peak of the current cycle could be between $13 and $27.

Catalysts drive up the price of XRP Several factors may drive XRP towards these ambitious goals. Ripple is expected to benefit from upcoming government policies supporting cryptocurrencies, with the Securities and Exchange Commission (SEC) likely to dismiss the long-standing lawsuit against this fintech company. In addition, the approval of exchange-traded funds (ETFs) trading XRP for immediate delivery in 2025 could significantly boost market sentiment, potentially pushing the price to $10. The increasing adoption of the XRP Ledger and the launch of Ripple’s stablecoin RLUSD could further support the growth of XRP and efforts to reclaim the third position in the cryptocurrency market. DYOR! #BtcNewHolder #Write&Earn $XRP {spot}(XRPUSDT)