Crypto analyst Egrag Crypto has set the first major target for $XRP in the next bullish surge.
The expert forecasts a jump to $6.40 during the token's next bull rally. Considering that on Tuesday the price of $XRP was $1.06, Egrag Crypto is talking about a potential increase of 503.77%.
In the analyst's view, the price of $XRP has finally tested the breakout from its multi-year symmetrical triangle. However, his analysis does not rule out a potential drop in the price of $XRP below $1 to support around $0.88, which coincides with the 111-day exponential moving average (EMA). This would occur if the upper boundary of the multi-year symmetrical triangle fails to hold.
Egrag Crypto also identified key resistance levels to consider before reaching the $1.40 target: first, the barrier at $1.23 must be overcome, which, in turn, would trigger a rally to $1.65.
To reach the stated target, the altcoin needs a surge above $1.65. Such a move would signal a rally towards resistance levels around $3.00 and $3.50, which are the token's all-time high.
A bullish rise to $6.40 would be confirmed with the support of the 21-month moving average (EMA) and stable maintenance of the $XRP price above its all-time high. In this case, the uptrend would gain momentum and reach $30, the analyst calculated.
Meanwhile, since the beginning of 2026, the price of $XRP has fallen by almost 43%. At the time of publication, the token's 24-hour trading volume was approximately $1.33 billion, and its market capitalization was $66.06 billion.
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