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Home CRYPTO

XRP to $27 This Summer, $120 Later? Analyst Sees Echoes of 2017

Gary Ponce by Gary Ponce
April 26, 2025
in CRYPTO, FINANCE, OPINION, RIPPLE XRP
Reading Time: 4 mins read
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  • Crypto analyst EGRAG CRYPTO predicts XRP could surge first to $27, then eventually to $120, based on a long-term Elliott Wave structure resembling XRP’s 2017 rally.
  • XRP is currently in Wave 2, a correction phase after its rise to $3.40, with the next move (Wave 3) expected to push prices into double digits by summer 2025.
  • After a potential multi-year correction down to around $5.50, Wave 5 could drive XRP into triple digits, reaching the $120 target if the cycle plays out as projected.

XRP might just be getting started.
According to popular analyst EGRAG CRYPTO, the token could be gearing up for a wild ride — one that ends with XRP soaring first to $27 and eventually to a jaw-dropping $120.

Taking to X (formerly Twitter), EGRAG shared a fresh chart laying out a bold vision: XRP’s current price action could be mirroring its epic 2017 rally, only this time, the moves could be even more explosive.

A Familiar Pattern: Echoes of 2017

If you’ve been around since the last bull run, you know — 2017 was legendary for XRP.
Back then, it ripped from under $0.01 to a peak of $3.84, riding a wave of exchange listings, market euphoria, and Ripple hype.

It followed a textbook Elliott Wave structure: five clear waves with short breathing spells in between. Eventually, the bubble burst, sending XRP (and everything else) into a brutal bear market.

Now?
EGRAG says history might be repeating itself — but on a much bigger scale.

#XRP – $27 Then $120 💰:

I'm becoming increasingly convinced that we're mirroring the 2017 cycle, but the timing may be either delayed or accelerated.

As we approach the end of Wave 3 this summer (double digits), I believe Wave 4 will unfold over the next three years, followed… pic.twitter.com/BrjqdZrnqb

— EGRAG CRYPTO (@egragcrypto) April 24, 2025

Where Are We Now?

Right now, according to EGRAG, XRP is in Wave 2 — the correction phase after a bullish impulse.

  • Wave 1 saw XRP shoot up to $3.40 between late 2024 and early 2025.
  • Wave 2 has been the current dip — dragging XRP back down to the $2 range.

But if the pattern holds, Wave 3 is next. And in Elliott Wave theory? Wave 3 is usually the monster move — often 161.8% the size of Wave 1.

Translation:
EGRAG expects XRP to blast into double digits this summer — topping out somewhere around $27 before any serious cool-off.

The Long Road to $120

After that explosive Wave 3?

EGRAG predicts a painful Wave 4 correction — a multi-year grind that could drag XRP down to about $5.50. Yeah, it won’t be fun.

But on the other side of that correction comes the final Wave 5, the grand finale.
If things play out right, that move could catapult XRP into triple digits, eventually topping out near $120.

Big numbers, big patience.

Quick Math

  • Current Price: $2.19 (up 2% today)
  • Target 1: $27 → +1,132% gain
  • Target 2: $120 → +5,380% gain

Those are massive returns… if the roadmap actually plays out.

Final Take

Sure, it’s a bold call. And yes, big projections in crypto are a dime a dozen.
But when seasoned analysts start seeing clear Elliott Wave patterns echoing past cycles, it’s at least worth paying attention to.

Whether XRP hits $27… or $120… or something in between — the next few months are shaping up to be very, very interesting.

Stay tuned.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $XRPBlockchaincryptoEGRAG CRYPTOrippleX
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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