XRP to $27 or $200? Analyst Maps Out Ripple’s Crazy New Price Path

Ripple’s XRP is showing signs of stabilizing after a sharp move lower in January. The asset is trading at $1.92 at press time, with 24-hour trading volume above $2.31 billion. It gained 2% in the last day and nearly 1% in the past week.

Long-Term Structure Points to High Targets

Analyst Egrag Crypto shared a long-term chart that maps the asset’s price movements using diagonal channels. These channels follow a pattern that has held over several cycles. According to the analyst, XRP has respected these lines over time, both during rallies and pullbacks.