Analyst EGRAG CRYPTO predicts a bold price target of $17.50 for XRP based on historical patterns and EMA analysis.
EGRAG highlights XRP's tendency to rally significantly once it establishes support above its EMA, pointing to a potential $17 price zone.
The analyst's analysis suggests a repeating pattern of consolidation, breakout, and upward movement, resembling past cycles that led to surprise rallies.
With XRP stabilizing above key moving averages and historical trends supporting a breakout, the $17.50 projection is considered technically justified by the analyst.