Crypto analyst EGRAG Crypto has released a new chart on April 29, 2025, showcasing an ambitious forecast for XRP with price targets of $9.50, $17.00, and ultimately $27.00.
The chart, posted via TradingView, features extensive long-term technical analysis centered around XRP’s macro market structure. According to EGRAG Crypto, the current phase represents a critical juncture, suggesting that XRP is on the verge of what he terms a “Blue Ocean” breakout.
#XRP – Blue Ocean ($9.5 – $17 – $27)! 🌊
Yes, it’s that simple! A big green MEGA candle is on the way! 🚀 My timeline has been mentioned countless times.
Right now, we’re swimming with the sharks, and remember, sharks can’t be tamed. You either kill them, or they’ll eat you… pic.twitter.com/WyMAwFsxWe
— EGRAG CRYPTO (@egragcrypto) April 29, 2025
Chart Structure and Long-Term Levels
The chart spans from 2014 to a projected timeline beyond 2030, and it reflects various historically significant levels. Key trend lines such as the “Final Wake Up Line,” “Stratosphere,” and “Atlas Line” are used to define XRP’s long-term resistance and support structures.
EGRAG labels the current price region around $2.28 as an “Equilibrium” zone. The equilibrium is identified near a confluence of Fibonacci retracement levels, indicating a balance between buyers and sellers before a potential breakout.
Fibonacci Extensions and Price Targets
The chart highlights Fibonacci extension levels that align with EGRAG’s projected price targets. A 1.236 Fibonacci level at approximately $3.35, a 1.414 level near $5.47, and a 1.618 level at $7.10 lead into the “Blue Ocean” region.
This region encompasses the $9.50 to $27.00 range and is defined with corresponding Fibonacci levels extending up to 2.0, where $22.99 is noted. Beyond that, the ultimate projection is set at $27.00.
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Volatility Expectations and Community Message
EGRAG’s visual framework suggests that the price is currently transitioning through a zone marked by volatility, which he has labeled the “Red Lake.” He indicates that this area precedes the more explosive movement anticipated in the “Blue Ocean.” Historical consolidation within this range is noted, suggesting accumulation phases that historically preceded large upward price actions.
In his tweet accompanying the chart, EGRAG states, “Yes, it’s that simple! A big green MEGA candle is on the way!” He reinforces his belief in an imminent major breakout, citing that the timeline for this move has already been repeatedly referenced in his past analyses. Although no specific dates are provided in the current tweet, prior references from EGRAG have mentioned 2024 through 2026 as crucial phases for XRP’s macro cycle.
Current Price Context and Disclaimer
At the time of the chart’s publication, XRP is trading around $2.28, significantly below the outlined targets. However, EGRAG asserts that this position near the equilibrium zone is a stepping stone before entering a potential parabolic phase. He points out that the formation of a large-scale green candle is imminent and advises the community to remain “steady and strong.”
The analysis concludes with a disclaimer clarifying that the figures and targets are for educational and simulation purposes only and not intended as financial advice. Viewers are encouraged to conduct their own research before making any investment decisions.
This forecast adds to a series of long-term projections by EGRAG Crypto, reinforcing his consistent stance on a significant revaluation of XRP’s market price in the coming years.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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