While the current XRP’s market remains quiet, with the token stuck in consolidation, a leading crypto analyst is seeing déjà vu — and not just any déjà vu, but a striking similarity between Ripple’s price action today and its historic rallies in 2017 and 2021. According to Egrag Crypto, an influential voice in the crypto analyst space, XRP could be gearing up for another massive breakout that could take the coin as high as $45.
Dogecoin-Style Price Surge for XRP?
Egrag Crypto has analyzed long-term price movements from as far back as 2013, identifying a recurring pattern: an extended bearish phase followed by a dramatic breakout. He points to XRP’s 2,700% rally in 2017 and the 1,000% surge in 2021 as historical reference points. Based on this pattern, he projects that Ripple is currently in the early stages of another similar cycle.
In his latest analysis published on TradingView (April 12, 2025), Egrag spotlights the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (SMA) as key indicators. These moving averages tend to show a bottom when they cross during bearish conditions and curve upwards in bullish setups. “Usually, a bullish movement starts when the price breaks above both the 21 EMA and 33 SMA,” Egrag explained.
Price Targets: $20 Realistic, $45 Possible
According to Egrag, if XRP follows the same blow-off top structure seen in past cycles, the coin could skyrocket to $45 — a staggering 2,700% gain from current levels. A more conservative scenario points to a $20 target, representing a 1,000% increase.
While acknowledging that market behavior can’t be replicated exactly, Egrag stands firm on the value of historical patterns: “I’m not improvising here; I’m relying on historical data to present future predictions.”
Also read: XRP Forms Symmetrical Triangle Pattern That Could Mirror 2017’s 2,600% Rally
Can the 21 EMA Signal XRP’s Breakout?
The 21 EMA played a major role in XRP’s 2017 surge, providing strong price support. In 2021, XRP’s breakout also aligned with the price crossing above the 21 EMA and 33 SMA. Although these indicators lag behind real-time market moves, Egrag believes they still offer reliable insight into the overall market sentiment.
He also warns that market makers may use these same averages to manipulate support and resistance levels, which is why he uses a combination of fast (exponential) and slow (simple) moving averages to anticipate key moments.
$27 XRP’s Price: A Mid-Target on the Road to $45?
Egrag has long maintained that $27 is another significant milestone for XRP, though he openly admits that market psychology is unpredictable. “You cannot control it, stop it, or slow it, or even slightly alter it…you have to just react,” he notes. Still, he remains confident that XRP’s future holds bullish promise if the current market trajectory continues to align with past cycles.
As XRP continues to trade sideways, investors and traders are closely watching these chart signals. If history is indeed set to rhyme, XRP may soon leave its quiet phase behind and charge into a new era of explosive growth.
