Crypto analyst EGRAG has predicted a big rise in XRP’s market value. He says XRP’s market cap could reach as high as $1.5 trillion. This prediction comes from studying XRP’s price patterns and past market cycles.
In November 2023, EGRAG noticed a “W” shape in XRP’s market cap chart. This pattern often shows a change from falling prices to rising prices.
The first dip in this “W” happened when XRP’s market cap dropped from $128 billion in January 2018 to $5 billion in March 2020, then climbed to $89 billion in April 2021. The second dip went from $89 billion to $13.88 billion in June 2022, then rose again to $195 billion by January 2025.
Now that this “W” pattern is complete, XRP needs to break above a key level called the neckline. If it does, the market cap could jump sharply.
EGRAG has two main price targets. The first is about $270 billion, based on a common technical level called Fibonacci 1.618. The second is a much higher target of $1.5 trillion, based on a logarithmic scale analysis.
He also looks at past growth cycles, noting XRP’s market cap has grown by 242% before, which could mean a rise to $450 billion or more. If growth continues, it might reach nearly $1 trillion or even $1.5 trillion.
Based on XRP’s current supply of about 58.68 billion tokens, the price targets are:
- $270 billion market cap → XRP price about $4.60
- $450 billion market cap → XRP price about $7.66
- $978 billion market cap → XRP price about $16.65
- $1.5 trillion market cap → XRP price about $25.56
Today, XRP trades near $2.30 with a market cap of $135.3 billion.
EGRAG warns that market cap is not a perfect measure because it can mislead about actual value or liquidity. He advises investors to be realistic, take profits when they can, and avoid greed.
Note: This article is for educational purposes only and is not financial advice. Always research thoroughly before investing.