XRP May Be on Track for $11.5 to $42 Range After Revisiting Pivotal “White Circle”: Analyst

Market analyst EGRAG Crypto has presented three ambitious XRP price targets for when XRP recovers from revisiting a historical “white circle.”

Data from EGRAG’s chart shows that this “white circle” has been an area in which XRP has historically taken liquidity for another impressive leg up. Notably, the latest commentary comes on the back of a consolidation phase that has grounded XRP around the lower ends of the $2 region.

Interestingly, EGRAG suggests this current consolidation resembles previous instances of similar range-bound phases, after which XRP exploded. His chart highlights two such cases across different cycles, with both leading to varying degrees of price explosions.

Previous Instances XRP Visited the White Circle

The first instance came up during the 2017/2018 cycle, beginning with an initial impressive XRP run. Specifically, this run started when XRP eventually broke above the 21 exponential moving average (EMA) in March 2017 after battling with the moving average for nearly a year.

Following the break above the 21 EMA, XRP’s price skyrocketed by more than 7,000% to a high of $0.3988 by May 2017. Notably, this marked the first uptrend for the 2017/2018 cycle. After the initial peak, XRP pulled back and consolidated for six months, eventually retesting the 21 EMA as support. This retest of the 21 EMA represented XRP’s visit to the “white circle.”

After this visit to the white circle, XRP’s uptrend resumed, resulting in a second leg-up. While this second leg-up was not as powerful as the initial rally, it still led to new heights for XRP. Particularly, XRP rose over 1,900% from a low of $0.17 to a new peak of $3.55 by January 2018.

As XRP collapsed from this peak, the bear market came and XRP spent years battling the 21 EMA again. However, when the bull run resumed, XRP broke above the 21 EMA in late 2020, soaring to a high of $0.8294 by November 2020. This initial uptrend was premature due to the impact of the SEC lawsuit, which began in December 2020.

As the SEC lawsuit took shape, XRP again retraced from the peak of the initial rally, and, at some point, retested the 21 EMA as support. This represented a revisit to the white circle, a phenomenon that resulted in an immediate recovery, as XRP engineered the second upsurge, rising nearly 500% to $1.98 by April 2021.

XRP is Now Revisiting the White Circle

EGRAG’s chart shows that XRP is now revisiting the white circle, as the pattern plays out again. Specifically, the initial upsurge took shape after XRP broke above the 21 EMA in November 2024 amid the latest market-wide run. 

Following this breakout, XRP reached a peak of $3.4 in January 2025, marking a 580% rise from the November 2024 price. However, it faced a roadblock at this level and is now witnessing a bearish consolidation phase, which has pushed it to retest the 21 EMA, essentially revisiting the white circle.

Notably, XRP made this visit when it dropped to $1.61 in April 2025. Now, EGRAG is expecting a second rally from the 21 EMA. He has three targets for this forthcoming upsurge. The first target is a 465% increase from the 21 EMA ($2.034) to a peak of $11.5. This would occur if XRP followed the 2020/2021 path.

Meanwhile, his second target is a 1,964% increase from $2.034 to $42. This target would materialize if XRP followed the 2017/2018 pathway. However, the third target represents an average of both rallies, resulting in a 1,225% increase to $27, a price level EGRAG has consistently championed.