A leading XRP trader and analyst, EGRAG CRYPTO, has reaffirmed his bullish outlook for Ripple's native token, projecting that XRP could reach new all-time highs of $8, $13, $18, and ultimately $27 this cycle. The forecast comes as the broader crypto market stabilizes, with Bitcoin holding above $77,000 and Ethereum consolidating near $2,300.
In an updated price chart shared on social media, EGRAG CRYPTO stated that his "Color Code Upgraded Version 3.0" targets remain unchanged since May 2025. The analyst emphasized that Wave 2 of his pattern is still in play, supporting the potential for significant upside. Currently, XRP trades around $1.41, reflecting a monthly gain of over 5.54% and a market capitalization exceeding $87 billion.
Adding to the bullish sentiment, crypto analyst Ali Martinez highlighted a multi-year triangle formation on XRP's monthly chart, suggesting a potential bottom at $0.90 and a bull run target of $13—representing a 644% rally from current levels. Martinez noted that multiple retests of an ascending trendline since 2021 reinforce the pattern's validity. Key resistance levels include $3.32, which, if cleared, could pave the way for double-digit prices.
On-chain data supports the bullish thesis as well. According to Santiment, XRP exchange outflows surged to 34.94 million XRP per day last week, indicating that whales are moving tokens to private wallets and reducing sell pressure. Institutional interest is also rising, with U.S. Spot XRP ETFs now holding over $1 billion in assets, equivalent to more than 1% of XRP's total supply. SoSoValue data reveals that over $75 million flowed into these ETFs in April, with minimal outflows.
Upcoming events, such as the XRP Las Vegas conference in late April, could provide short-term catalysts. Additionally, regulatory developments like the CLARITY Act remain in focus, with potential Senate progress expected to boost overall crypto market sentiment and XRP specifically.
