HomeCryptocurrencyXRP to $222? Analyst Presents Log and Non-Log Price Targets

XRP to $222? Analyst Presents Log and Non-Log Price Targets

XRP’s long-term chart presents two very different possibilities, with one projecting a move toward $6.50 and another extending as high as $222.

Crypto analyst Egrag Crypto has compared logarithmic and non-logarithmic chart structures to explain why both figures appear on his analysis, while emphasizing that XRP must first overcome several important levels before either target becomes relevant.

Logarithmic and Non-Logarithmic Targets

Egrag explained in an X post that linear charts can work effectively for short-term analysis. However, he believes logarithmic scaling provides a more useful perspective for an asset such as XRP that has experienced major percentage changes over multiple market cycles.

His chart compares a non-logarithmic measured move of approximately $6.50 with a logarithmic projection reaching approximately $222. Egrag stressed that he does not treat the two targets equally. Instead, he considers $6.50 the more realistic measured-move objective, while describing $222 as an extreme scenario based on logarithmic expansion.

The distinction comes from how the two chart types measure price movement. A non-logarithmic chart focuses on absolute dollar changes, while a logarithmic chart emphasizes percentage changes across different price levels.

Why $1.60 Matters Most

Despite the much higher targets displayed on his chart, Egrag identified $1.60 as the most important level in his current roadmap.

He said a sustained close above $1.60 would indicate that XRP is reclaiming its long-term exponential moving average structure and could signal a shift in the broader trend. His chart includes the 150 EMA and 200 EMA, which he said continue to help define the potential bottoming process.

Egrag placed $0.85 below that level as a potential macro support zone. He also disclosed that he accumulated 80% of his XRP holdings between $1 and $1.20, according to his post.

Above $1.60, he identified $3.25 as a historical macro ceiling. A decisive break through that level would then bring his $6.50 measured-move target into focus.

$222 Remains an Extreme Scenario

Egrag’s proposed sequence is therefore centered on confirmation rather than immediately targeting the highest projection. He outlined the progression as a defense of $0.85, a reclaim of $1.60, a breakout above $3.25, and then an expansion toward $6.50.

He stated that the $222 logarithmic targets would deserve substantially more consideration only if XRP decisively clears the $3.25 to $6.50 region.

The analyst also pointed to an ascending long-term trendline that continues to support the broader structure shown on his chart. His analysis ultimately places greater importance on the confirmation of key technical levels than on the most ambitious price projection.

For Egrag, the current setup therefore centers on whether XRP can reclaim $1.60 and eventually overcome $3.25. The $6.50 target represents the first major measured objective, while $222 remains dependent on a much larger logarithmic expansion.

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 advised to conduct thorough 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.


Follow us on X, Facebook, Telegram, and  Google News

Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
RELATED ARTICLES

Latest News & Articles