Can XRP Really Hit $15-$17? Here’s the Shocking Truth!

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So, XRP just had a little flash of glory, didn’t it? Thanks to the U.S. SEC giving Grayscale’s XRP ETF filing a nod, the token had a momentary sprint—catching some unsuspecting traders off guard. But as usual, the excitement cooled, leaving the $3 price level once again in the spotlight. But hold your horses! There’s still hope, according to the charts. Some say XRP is still heading higher, beyond the $3 mark. Oh, and before you get too comfortable—brace yourselves. A lot still needs to happen for this train to keep chugging.

Crypto expert Egrag Crypto is feeling a little frisky about XRP, and he’s predicting a possible march to $15 and maybe even $17. Why? Because of the rock-solid market structure. But, of course, let’s not pop the champagne just yet. He insists the party can only start after the breakout happens. You can’t just throw a parade until the confetti is flying, right?

Brace Yourself: XRP’s Bullish Pennant Could Send It to $15-$17!

Now, let’s talk about our trusty analyst, Egrag Crypto. This guy’s been making bullish predictions for XRP since the days when $0.50 seemed like the wildest dream. While most analysts were rolling their eyes and yawning, Egrag stuck to his guns, pushing his audacious price targets for the token. Guess what? A bunch of those predictions just came true. XRP has shot up to multi-year highs, recently topping out at $3.40. Just a tiny taste of what’s to come, right? 😏

In his latest crystal ball gazing, Egrag points to the mighty bullish pennant formation. (That’s a fancy way of saying “XRP could make a giant move upward!”) The moment the price breaks the upper trendline of this formation, things could get *wild*. We’re talking about a price target of $15 if you use the lower end of the pennant for your calculations. But wait—hold on—if you’re feeling a bit more daring, Egrag thinks there’s a chance XRP could surge all the way to $17. Get ready to set your alarms, folks.

In case you were wondering, here’s a beautiful chart to help you visualize this wild ride. Yes, we know, it looks pretty!

Image From X: Egrag Crypto

All Eyes on $3.40: Is It The Gatekeeper to The Moon?

Hold your horses, though. Egrag is quick to remind us that XRP needs to break through the mighty $3.40 barrier for all this to come true. This level has been nothing short of a nightmare for XRP—acting as resistance since January and sticking around like an unwanted guest at the party. Oh, and let’s not forget, that $3.40 price point also happens to be XRP’s all-time high since 2018. Nice, right?

If XRP can bust through that price, it’s game on. But if it can’t? Well, then we might have to rethink our whole “bullish” narrative. Egrag also pointed to a crucial yellow trendline that has been holding things together since 2025. As long as XRP stays above this line, the dream of higher prices remains alive. If it drops below? Cue the dramatic music for a possible bear market comeback. 😬

As of now, XRP is floating around the $2.74 range. But for this rocket to keep soaring, it needs to close above $2.75 first. Think of it as a test. If it passes, we’re on our way to breaking that elusive $3 mark. Otherwise, well… we’ll need some tissues.

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2025-02-16 21:05