XRP could be entering a new period of diagonal accumulation, with potential for a significant price increase over the coming years, according to crypto analyst Egrag Crypto. His recent analysis suggests the cryptocurrency may eventually reach $17 in 2027, $27 in 2029, and $48 by 2031, although he emphasized that these are speculative milestones based on chart structure and historical patterns.
Egrag Crypto identifies three accumulation phases
Egrag Crypto has examined XRP’s performance on the monthly timeframe, identifying what he terms the “VHD theory.” This approach divides XRP’s behavior into three separate accumulation stages before major price advances: vertical, horizontal, and diagonal. Vertical accumulation covered 488 days where XRP traded below the 21-month exponential moving average (EMA) before breaking out sharply.
The following phase, horizontal accumulation, lasted 853 days, featuring largely sideways trading below or around the 21-month EMA. After this period, XRP again experienced a notable expansion.
According to Egrag Crypto, XRP has now entered the diagonal accumulation stage. He estimates this phase could last approximately 669 days and expects the price to set progressively higher lows within an ascending channel. He points out that the average duration of the first two stages is close to the projected length of the current diagonal phase, noting that this timing correspondence, while possibly coincidental, draws interest.
Egrag Crypto’s method highlights how “the current phase could see XRP forming higher monthly lows, with each cycle of accumulation exhibiting a distinct character and timing that appears to relate to the 21-month EMA.”
XRP’s immediate targets: $1.55, $2.60, and $3.50
In the short term, Egrag Crypto has outlined several price zones as important resistance levels for XRP. He views $1.55, which coincides with the 21-month EMA, as the first key level that needs to be reclaimed for his scenario to remain intact.
If XRP can break through this zone, he has set additional objectives at $2.60 and $3.50. The analyst regards the $3.50 mark as a central expansion target within the diagonal channel, but maintains that a move beyond this price remains possible as long as the broader ascending trend continues.
These technical projections reflect long-term optimism, but Egrag Crypto acknowledges risks and uncertainties, noting that past performance does not guarantee future results.
Macro trendline points to $48 by 2031
The chart developed by Egrag Crypto builds a macro perspective, placing XRP price targets at $17 in 2027, $27 in 2029, and $48 by 2031. These figures emerge from the upper boundary of his ascending channel model applied to monthly charts. He claims the model’s structure, alongside price movement and passage of time, gives the best chance to capture potential long-term growth if accumulation continues as before.
His analysis stresses that the most important technical confirmation would be monthly closes above the 21-month EMA, signaling momentum in line with earlier expansion cycles.
The analyst has stated that projections for $17, $27, and $48 should be viewed as speculative targets based on repeating historical trends, not as promises of future performance.
As XRP approaches important technical milestones and speculative price horizons, crypto investors are likely to closely monitor both long-term channels and short-term breakout signals. In this context, users seeking to keep a close watch on XRP’s price levels and major chart movements may benefit from CryptoAppsy’s real-time charting and customizable price alert tools. These features help users follow specific developments, such as reclaimed moving averages or resistance breakouts, without missing crucial changes in the market.
