XRP Symmetrical Triangle Breakout Could Propel Prices to Double Digits – Market Expert Analysis

The cryptocurrency market is no stranger to volatility, but XRP’s latest price action suggests that a major breakout could be on the horizon. EGRAG Crypto, a well-known market analyst, recently made a bold prediction that XRP could surge into double-digit territory, potentially transforming the financial fortunes of investors within a single month. With XRP currently battling to sustain momentum at the $2 level, traders and investors are eager to see whether this prediction materializes.

XRP Faces Pullback After Hitting Local Top

Since reaching a local high of $3.02 on March 2, 2025, following former U.S. President Donald Trump’s remarks regarding a national crypto reserve, XRP has faced significant downward pressure. The asset is currently trading 18% below its peak, mirroring the broader market’s struggles amidst macroeconomic uncertainty.

Despite this decline, EGRAG Crypto remains optimistic, asserting that XRP’s price movement is simply a post-breakout pullback—a common technical event that follows a decisive upward breakout. The market analyst highlights that XRP’s seven-year symmetrical triangle formation, which was decisively broken in November 2024, remains the key structure guiding the asset’s future trajectory.

Potential Surge to $9.7 – Triangle Midpoint Target

EGRAG Crypto’s analysis suggests that XRP’s correction phase could soon give way to another powerful surge. Following its breakout in November 2024, XRP saw impressive gains, rising by 283% in that month alone. The uptrend continued in December 2024 with a modest 6.43% increase, followed by a stronger 45.98% rally in January 2025. However, February brought the expected retracement, setting the stage for the next move.

EGRAG’s primary price target for XRP stands at $9.7, based on the midpoint of the triangle breakout. This projection aligns with earlier forecasts from other respected analysts, including Alex Clay, who also envisioned a potential run to $10. If XRP follows the expected trajectory, investors could see substantial gains in the coming months.

To maximize profits, EGRAG suggests a laddering-out strategy for those aiming for a $10 target. He advises traders to start selling portions of their holdings at $8 and $9 before cashing out the remainder at $10. This approach minimizes risk while securing profits along the way.

Can XRP Reach $27? The 2017 Fractal Revisited

Beyond the $10 mark, EGRAG remains bullish on XRP’s long-term potential. Drawing parallels to the 2017/2018 bull run, he points out that XRP witnessed an explosive 718% rally from its $0.35–$0.39 range, which at the time was considered a local top.

Applying this same percentage increase to XRP’s current local top of $3.4, attained in January 2025, EGRAG projects a potential price surge to $27. This prediction echoes a forecast he made in December 2024, where he cited XRP’s Break of Structure (BOS) as an indicator of a massive upside movement.

One Month Could Change Everything

EGRAG’s conviction remains strong: a bullish momentum flip for XRP could occur within a month, dramatically shifting market sentiment. According to the analyst, investors should pay close attention to market cycles rather than be swayed by temporary bullish news, such as institutional adoption or government-related developments. While these factors influence price movement, the underlying market structure ultimately dictates XRP’s path forward.

XRP Current Market Position

At the time of writing, XRP is trading at $2.17, experiencing a 6.3% decline over the past 24 hours. This dip offers a potential buying opportunity for those who believe in EGRAG’s long-term projections. With an increasing number of analysts aligning with the double-digit XRP narrative, all eyes remain on the asset’s next significant price movement.

As the crypto market continues to evolve, XRP’s symmetrical triangle breakout could prove to be one of the most crucial developments of 2025. Whether XRP will reach $9.7, $10, or even $27 remains to be seen, but one thing is certain—this is a pivotal moment for XRP holders and market watchers alike.