{"id":571980,"date":"2024-01-27T20:20:28","date_gmt":"2024-01-27T20:20:28","guid":{"rendered":"https:\/\/wncen.com\/?p=571980"},"modified":"2024-06-11T08:25:24","modified_gmt":"2024-06-11T08:25:24","slug":"crypto-analyst-xrp-4500-27","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/crypto-analyst-xrp-4500-27\/","title":{"rendered":"Crypto Analyst Explains How XRP Could See Massive 4500% Jump To $27"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/39000-xrp-price-to-hit-220\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Egrag Crypto<\/span><\/a><span style=\"font-weight: 400\"> has once again reiterated his prediction that XRP will hit $27 soon. This time, he provided an analysis of how that will happen using <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-rally-analyst\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">XRP\u2019s moving average<\/span><\/a><span style=\"font-weight: 400\"> as a point of reference.\u00a0<\/span><\/p>\n<h2>How Price Will Rise To $27<\/h2>\n<p><span style=\"font-weight: 400\">Egrag suggested in an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/95617396?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> that XRP could rise to $27 while analyzing the 21 Exponential Moving Average (EMA) on the monthly time frame. The analyst assessed price percentages that occur when XRP\u2019s price is positioned either above or on the 21 EMA. Using this, he then predicted that <\/span><a href=\"https:\/\/bitcoinist.com\/why-xrp-price-will-reach-27\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">the altcoin hitting $27<\/span><\/a><span style=\"font-weight: 400\"> was on the cards.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/cardano\/cardano-smart-contracts-10000\/\">Cardano Defies Bear Market As Smart Contracts Count Sees 10,000 Explosion<\/a><\/div>\n<p><span style=\"font-weight: 400\">From the accompanying chart that the crypto analyst shared, one could see that he was simply hinting at XRP <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-61000-surge-analyst\/\"><span style=\"font-weight: 400\">replicating past percentage moves<\/span><\/a><span style=\"font-weight: 400\">. Back in 2017, XRP had risen by over 4500%. In 2018, it rose by another 1000% and saw a 500% increase in 2021 after years of consolidation.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-571983 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/XRP-price-27.png?w=460&#038;resize=460%2C201\" alt=\"XRP price $27\" width=\"460\" height=\"201\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/XRP-price-27.png?w=512 512w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/01\/XRP-price-27.png?w=460 460w\" sizes=\"(max-width: 460px) 100vw, 460px\"><\/p>\n<pre style=\"text-align: center\">Source: X<\/pre>\n<p><a href=\"https:\/\/bitcoinist.com\/crypto-analyst-xrp-price-27\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">This isn\u2019t the first time<\/span><\/a><span style=\"font-weight: 400\"> that Egrag is predicting that XRP will rise to $27. As part of his <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/crypto-4400-xrp-price-27\/#:~:text=Crypto%20Analyst%20Predicts%204400%25%20XRP%20Price%20Surge%20To%20%2427%2C%20Here's%20When,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20Egrag%20Crypto%20continues,this%20is%20a%20real%20possibility.\"><span style=\"font-weight: 400\">previous analysis<\/span><\/a><span style=\"font-weight: 400\"> of how XRP will rise to this price level, he stated that this was a \u201cplausible target,\u201d having the 2017 surge in mind when XRP saw a 61,000% gain in 280 days. Interestingly, Egrag\u2019s recent chart shows that this price prediction could happen sometime this year.\u00a0<\/span><\/p>\n<h2>XRP To $1.4 Before Then<\/h2>\n<p><span style=\"font-weight: 400\">In the meantime, Egrag <\/span><a href=\"https:\/\/x.com\/egragcrypto\/status\/53212899?s=20\" rel=\"nofollow\"><span style=\"font-weight: 400\">predicts<\/span><\/a><span style=\"font-weight: 400\"> that XRP could rise to $1.4 between March and April. According to him, once that happens, it will pave the way for \u201c<\/span><a href=\"https:\/\/wncen.com\/news\/xrp-price-breakout-to-5-analyst-reveals-key-levels-of-importance\/#:~:text=XRP%20Price%20Breakout%20To%20%245%3A%20Analyst%20Reveals%20Key%20Levels%20Of%20Importance&amp;text=Crypto%20analyst%20Egrag%20Crypto%20has,to%20%245%20in%2090%20days.\"><span style=\"font-weight: 400\">swift progression to $5<\/span><\/a><span style=\"font-weight: 400\"> and beyond.\u201d $5 is another price level that the XRP community has its sights on, considering that the analyst had <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-800-5-90-days\/\"><span style=\"font-weight: 400\">boldly claimed<\/span><\/a><span style=\"font-weight: 400\"> that the token will hit it in 90 days.\u00a0\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/bitcoin\/us-government-130-million-bitcoin\/\">Prepare For Impact: US Government Will Dump $130 Million Worth Of Bitcoin<\/a><\/div>\n<p><span style=\"font-weight: 400\">Meanwhile, the crypto analyst is also aware of the fact that XRP investors are <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-action-legal-expert\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">growing anxious<\/span><\/a><span style=\"font-weight: 400\"> about the crypto token\u2019s stagnant price action despite <\/span><a href=\"https:\/\/bitcoinist.com\/xrp-price-prediction-bullish-bearish\/#:~:text=According%20to%20this%20person%2C%20XRP,Halving%20happens%20in%20April%202024.\" rel=\"nofollow\"><span style=\"font-weight: 400\">ultra-bullish predictions<\/span><\/a><span style=\"font-weight: 400\">. He warned these individuals against letting their emotions get in the way as the outcome of these emotions is \u201csuboptimal\u201d for effective trading or investing in the crypto space.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">To be successful in such a volatile market, Egrag claims that a strategic and disciplined approach is required. In the process, one is able to build mental fortitude. This is also critical as trading in the crypto space is \u201cindeed a mental game, demanding robust, sharp, and resilient metal skills to navigate the dynamic and unpredictable nature of these markets.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, XRP is trading at around $0.52, up over 3% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/KLiFJXY8\/\" alt=\"XRP price chart from Tradingview.com (Crypto analyst)\" width=\"3266\" height=\"1530\"><\/p>\n<pre style=\"text-align: center\">Token price rebounds after drop | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">XRPUSD on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from CoinJournal, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Egrag Crypto has once again reiterated his prediction that XRP will hit $27 soon. This time, he provided an analysis of how that will happen using XRP\u2019s moving average as a point of reference.\u00a0 How Price Will Rise To $27 Egrag suggested in an X (formerly Twitter) post that XRP could rise to $27 while analyzing the 21 Exponential Moving Average (EMA) on the monthly time frame. The analyst assessed price percentages that occur when XRP\u2019s price is positioned either above or on the 21 EMA. Using this, he then predicted that the altcoin hitting $27 was on the cards.\u00a0 Related Reading: Cardano Defies Bear Market As Smart Contracts Count Sees 10,000 Explosion From the accompanying chart that the crypto analyst shared, one could see that he was simply hinting at XRP replicating past percentage moves. Back in 2017, XRP had risen by over 4500%. In 2018, it rose by another 1000% and saw a 500% increase in 2021 after years of consolidation.\u00a0 Source: X This isn\u2019t the first time that Egrag is predicting that XRP will rise to $27. As part of his previous analysis of how XRP will rise to this price level, he stated that this was a \u201cplausible target,\u201d having the 2017 surge in mind when XRP saw a 61,000% gain in 280 days. Interestingly, Egrag\u2019s recent chart shows that this price prediction could happen sometime this year.\u00a0 XRP To $1.4 Before Then In the meantime, Egrag predicts that XRP could rise to $1.4 between March and April. According to him, once that happens, it will pave the way for \u201cswift progression to $5 and beyond.\u201d $5 is another price level that the XRP community has its sights on, considering that the analyst had boldly claimed that the token will hit it in 90 days.\u00a0\u00a0 Related Reading: Prepare For Impact: US Government Will Dump $130 Million Worth Of Bitcoin Meanwhile, the crypto analyst is also aware of the fact that XRP investors are growing anxious about the crypto token\u2019s stagnant price action despite ultra-bullish predictions. He warned these individuals against letting their emotions get in the way as the outcome of these emotions is \u201csuboptimal\u201d for effective trading or investing in the crypto space.\u00a0 To be successful in such a volatile market, Egrag claims that a strategic and disciplined approach is required. In the process, one is able to build mental fortitude. This is also critical as trading in the crypto space is \u201cindeed a mental game, demanding robust, sharp, and resilient metal skills to navigate the dynamic and unpredictable nature of these markets.\u201d At the time of writing, XRP is trading at around $0.52, up over 3% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Token price rebounds after drop | Source: XRPUSD on Tradingview.com Featured image from CoinJournal, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":571986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,16289,10972,78763],"class_list":["post-571980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-prediction","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Explains How XRP Could See Massive 4500% Jump To $27<\/title>\n<meta name=\"description\" content=\"Crypto analyst Egrag Crypto has once again reiterated his prediction that XRP will hit $27 soon, especially as the crypto market rebounds.\" \/>\n<meta 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Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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