XRP Bull Run Ignition? Analyst Predicts Major Price Surge, Cites Key XRP Patterns

• Analyst suggests that XRP could range between $9.7 and $27 per coin
• 2017-2018 bull run is taken into consideration where XRP surged by 718%
• Analysis relies heavily on established technical chart patterns and historical price behavior, but caution is advised

A crypto analyst going by the name EGRAG CRYPTO says XRP can hit $27 this bull run, basing this on the cryptocurrency’s past performances to get to that conclusion. 

The technical analysis-driven projection for XRP’s price over the next month suggests that XRP could range between $9.7 and $27 per coin.

XRP Price Prediction: Ambitious Targets

That is a big jump, but the analyst’s post points out that crypto markets move in cycles and that a strong narrative is good enough to trigger a price rally. Case in point: Elon Musk adding BTC to Tesla’s balance sheet last cycle, but other companies not following.

However, these narratives eventually fade, and recognizing the cyclical nature of the market is key. The analysis also implies that while hype can drive prices temporarily, it’s the underlying market cycles that dictate long-term movements.

Accompanied with an XRP chart, EGRAG CRYPTO po…

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