XRP Price Prediction: Analysts See XRP Surging Past $4, With $27 Marked as Long-Term Target
The post XRP Price Prediction: Analysts See XRP Surging Past $4, With $27 Marked as Long-Term Target appeared on BitcoinEthereumNews.com.
XRP is drawing heightened attention as analysts project massive upside potential, with fresh predictions suggesting the token could climb well beyond previous cycle highs. The latest price forecasts highlight XRP’s resilience and renewed momentum, with traders eyeing critical breakout levels that may set the stage for the next big rally. XRP Price Today: Market Holds Near $3 Amid Volatility The price of XRP today is consolidating around $3.01 after recent swings between $2.84 and $2.96. The XRP coin has defended critical support near $2.85, cushioning declines while resistance at $3.20 continues to cap upside moves. Market analysts note that this narrowing range has formed a wedge pattern, often a precursor to sharp breakouts in either direction. XRP was trading at around $3.01, up 2.61% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin Liquidity data further reinforces this view. On August 27, XRP recorded inflows of nearly $4 million, reversing weeks of steady outflows. This suggests that long-term holders and institutional investors are gradually absorbing supply, a trend that historically precedes strong rallies. Analyst Targets Stretch From $4 to $27 Recent XRP price predictions vary widely. Some analysts, including Crypto Rover, argue the token may top out near $3 to $4 this cycle. Others see far greater potential. EGRAG Crypto, a prominent market commentator, recently stated, “XRP’s journey is not capped at $4. Fibonacci extensions point to $8, $13, and even $27 as realistic cycle targets.” XRP is on the verge of its highest-ever 2-month candle close above $2, signaling strong momentum toward long-term Fibonacci targets of $8, $13, and $27. Source: EGRAG CRYPTO via X According to EGRAG, XRP’s first-ever two-month candle closing above $2 is a significant milestone. If confirmed, it could mark the start of an extended rally that…
