Analyst EGRAG CRYPTO has set a bold price projection for XRP, identifying $17.50 as a logical and achievable target based on historical patterns and Exponential Moving Average (EMA) analysis.
In a recent post, the analyst revisited the 2021 bull cycle, where XRP delivered powerful but often underestimated rallies. EGRAG argues that when XRP’s past percentage moves relative to its EMA trendline are examined, a consistent breakout pattern emerges—one that mathematically supports a $17–$17.50 price target in the current cycle.
The EMA Pattern: From Underrated to Unstoppable
By analyzing three major rallies across different market phases, the chart reveals how XRP tends to explode upward once it firmly establishes support above its EMA. Each of the past moves measured from the EMA base to the cycle top suggests a proportional upside, which now points toward the $17 zone.
The visual chart included in the post highlights this behavior, showing XRP’s repeated trajectory of consolidation → breakout → vertical move, with the current structure closely mirroring the lead-up to its 2021 breakout.
“The numbers tell a different story,” EGRAG wrote, noting that skepticism in previous cycles often gave way to surprise rallies once the technical foundation aligned.
Conclusion: Market Structure Aligns With $17.50 Projection
With XRP stabilizing above key moving averages and historical pump ratios pointing to a repeating pattern, the analyst argues that $17.50 is not only possible—it’s technically justified. While the timing remains uncertain, the convergence of EMA-based metrics and long-term structure strengthens the case for a multi-fold move in the next major altcoin expansion phase.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/xrp-why-17-is-a-reachable-target/