Egrag, a well-known French cryptocurrency chart analyst, has identified potential for XRP to reach a double-digit price in the upcoming bull market. Relying on a broader macro expansion thesis, he highlighted key price zones such as $0.95 and $1.80 to $2 as early bullish indicators for the digital asset.
Egrag’s Long-Term Elliott Wave Projection
According to Egrag, the weekly XRP chart displays a bullish long-term trend that may unfold over several years. Since 2018, his graphic predictions have suggested strong upward momentum for XRP, using a combination of Elliott Wave theory and measured technical moves. His analysis outlined possible targets as high as $27 by the early 2030s, contingent on the current wave structure maintaining its course.
Egrag placed particular emphasis on the $12 to $13 price region, which he believes is the most probable target zone in the upcoming bullish cycle. This forecast draws from a standard Elliott Wave principle: the next significant upward move, known as Wave 3, generally achieves 161.8% of the size of the first wave within the same sequence.
Highlighting the importance of disciplined investing, he compared XRP strategies to responsible asset purchases such as cars or real estate. Egrag advised investors to prioritize capital protection over attempting to capitalize on every market surge.
An additional Elliott Wave analysis indicated that a sustained breakout for XRP would require a five-wave pattern advancing above the $1.34 resistance. Should this scenario develop, a more extensive bullish impulse could emerge, potentially driving XRP toward higher valuation bands.
XRP’s projected bull run, based on Elliott Wave analysis, could see key confirmation zones at $0.95 and $1.80 to $2, with targets up to $27 if the chart’s wave structure remains intact into the next decade.
XRP’s Near-Term Price Action and Market Liquidations
At present, XRP stands as the fourth largest cryptocurrency by market capitalization and is trading at $1.25, down 4.20% in the last 24 hours, as reported by CoinGecko. The futures market has experienced significant liquidation activity, with CoinGlass data showing that $10.83 million of $11.36 million in recent liquidations involved highly leveraged long positions.
Conversely, short-sellers accounted for $528,640 in total liquidations. Any slide below $1.24 may prompt movement toward the next major demand range of $1 to $1.10. Historical price data indicates that this lower band functioned as a springboard to higher values—including a rally to $1.69—on several occasions, most notably in August and September, 2026.
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Egrag views disciplined capital management as essential for XRP investors, urging strategies focused on protecting investments rather than chasing every short-term opportunity.
Recent Market Context
XRP’s volatile trading pattern reflects broader shifts in the cryptocurrency sector. Recent activity has seen rapid swings and intensified liquidation among leveraged positions. Analysts continue to debate whether emerging bullish signals in the current charts are sustainable or subject to further correction as the market searches for direction.
