Cryptocurrency analyst EGRAG CRYPTO has outlined three long-term scenarios for XRP, each predicting gains of at least 1,000%. Despite recent price struggles, the analyst suggests a 1,250% surge is the most probable, which would require the token’s market capitalization to expand into the trillions of dollars, a significant hurdle in the current market environment.
XRP has underperformed recently, failing to sustain a rally near $1.45 as Bitcoin approached $83,000. This decline allowed BNB to reclaim its position as the fourth-largest cryptocurrency by market capitalization.
Popular analyst EGRAG CRYPTO remains bullish, stating XRP has historically exploded “after reclaiming and expanding away from the EMA Ribbon.” The analyst’s three scenarios predict past-cycle gains of 2,400%, 1,000%, and 1,250%. In a recent social media post, EGRAG assigned probabilities to each potential outcome.
The analyst believes the 1,250% price increase has a 50-55% chance, calling it the most likely scenario. The 1,000% and 2,400% moves were given 30-35% and 10-15% odds, respectively.
Even a 1,000% surge would push XRP’s price to approximately $15 per token. A 1,250% gain would elevate the price to around $19, requiring a market capitalization close to $1.25 trillion. For context, currently only one cryptocurrency holds a market cap exceeding that figure.
