Ripple (XRP) has once again captured market attention after a prominent analyst suggested that the cryptocurrency could repeat its historic cycle gains, potentially lifting the price of XRP toward $9.6 and even $33 in the long term.
According to a recent post by EGRAG CRYPTO, past rallies in 2017 and 2021 offer clues to where the market could be headed.
In 2017, XRP surged 1,610%, while the 2021 cycle brought a 414% increase. Both runs saw the 21-day Exponential Moving Average (EMA) act as a crucial support level—a pattern that was retested on June 9, 2025. “If XRP continues to respect the 21 EMA as it has in previous cycles, the path toward double-digit targets becomes more realistic,” the analyst noted.
XRP Price Today and Recent Breakdown
The current XRP price sits near $2.82, down from the $3.00 level following a sharp sell-off earlier this week. On September 23, XRP briefly dropped to $2.70, triggering nearly $1.6 billion in liquidations within 24 hours. Despite the breakdown, technical signals suggest resilience.
XRP was trading at around $2.82, down 1.08% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Data from TradingView shows that XRP has been trading between $2.77 and $2.96 for most of the month, with repeated rejections of attempts to break below $2.77. Market analysts point to Bollinger Bands as a key indicator, with the midline at $2.70 providing firm support.
Technical Indicators Show Signs of Strength
While speculative forecasts remain controversial, several indicators align with bullish sentiment. On the weekly chart, Bollinger Bands suggest the price of Ripple XRP could be preparing for expansion. The upper band sits around $3.54, signaling potential upside if momentum builds. A breakout above $3.16 is viewed as a critical trigger for a stronger rally.
The XRP price rebounds from the mid-Bollinger Bands, suggesting renewed bullish momentum. Source: TradingView
Additionally, the 21 EMA continues to serve as dynamic support, echoing its role in past bull runs. For many traders, this level is a litmus test for whether XRP’s long-term bullish structure remains intact.
Market Outlook and XRP Price Prediction 2025
Looking ahead, forecasts vary widely. Some analysts envision XRP price targets of $9.6 or even $33 if historical patterns repeat and institutional demand strengthens. Others caution that cryptocurrency price predictions are inherently speculative.
XRP price analysis highlights two potential scenarios, projecting targets between $9.6 and $33 based on historical market cycles. Source: EGRAG CRYPTO via X
Academic research has often highlighted the lack of peer-reviewed evidence to validate technical models like EMA or Bollinger Bands. Still, in crypto markets, such tools remain widely followed by traders. With a current market cap near $180 billion, XRP continues to command significant liquidity, making it less vulnerable to the volatility seen in smaller altcoins.
Final Thoughts
The latest XRP news highlights a market at a crossroads. Despite a $3 breakdown, technical signals and historical cycles suggest XRP may still have room for a powerful rally. Whether XRP price prediction targets of $9.6 or $33 are achievable remains uncertain, but with the SEC lawsuit resolved and key technical levels holding, Ripple XRP is once again on investors’ radar.
