Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits

Source Newsbtc

Egrag Crypto, a prominent crypto market analyst on X (formerly Twitter), has unveiled new bullish projections for the XRP price, with an ambitious extended target of $44. The price forecast has sparked excitement among investors, especially as the analyst reveals the ideal time to take profits. 

XRP Price Next Bullish Targets Unveiled

On March 25, Egrag Crypto shared an XRP price analysis, revealing several measured bullish targets for the cryptocurrency. The analyst predicted that his extended or long-term price target for XRP was $44, representing a massive 1,688% increase from its present market value. 

Egrag Crypto’s future price projections for XRP highlight a conservative target of $15, a normal measurement of $22, a personal target of $27, and an extended measurement of $44. While the extended bullish target represents the most ambitious scenario, considering XRP is still trading under $3, the analyst suggests that the cryptocurrency could first reach these intermediate levels before making a push toward $44.

XRP

Notably, the analyst has shared a chart, highlighting XRP’s support and resistance levels, and historic trendlines. The upward blue trendline represents a long-term rising support level at $1.99. Additionally, the white and black horizontal lines in the chart show that the XRP price recently broke above a key resistance zone, further reinforcing its bullish position. 

Egrag Crypto also cites XRP’s historical price action and trend lines as support for his projected bullish targets. The yellow arrow in the chart shows that in 2018, the cryptocurrency experienced a major price surge to its current ATH of $3.84. As highlighted by the blue arrow, another major price spike occurred in the last bull run in 2021.

Following this bull market trend, XRP is expected to rally again before the end of the bull cycle in Q4 2025. While this projected surge to $44 may seem rather ambitious, XRP has historically demonstrated the potential for exponential growth during bull cycles. Just this year, the cryptocurrency had surpassed expectations, jumping from $0.5 to $3 for the first time in almost 7 years. 

When Traders Can Take Profits

While the extended bullish measurement of $44 is an optimistic scenario for the XRP price, Egrag Crypto has advised investors to be strategic with their profit-taking approach. The analyst suggests that traders can consider securing profits as prices gradually go up rather than waiting for the highest possible price, which can be unpredictable. This strategy prioritizes risk management, guaranteeing some returns even if the price of the cryptocurrency later drops. 

Egrag Crypto’s XRP price chart shows that during the last rally, the analyst took profits early at $2.42 instead of waiting for a price peak. This time, he has identified the price point between $5 and $9 as a key zone where traders can start taking profits before XRP reaches its first conservative target of $15.

XRP
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Flirts With ‘Undervalued’ As MVRV Slides Toward 1Bitcoin is nearing a level on the MVRV ratio that historically lines up with market “undervaluation,” according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month
Author  NewsBTC
Yesterday 01: 43
Bitcoin is nearing a level on the MVRV ratio that historically lines up with market “undervaluation,” according to CryptoQuant contributor Crypto Dan, as traders look for signs that a four-month
placeholder
President Trump expected to ease on metal tariffs as elections draw closePresident Donald Trump is getting ready to ease up on some of his steel and aluminum tariffs. The White House is worried about rising prices and bad poll numbers with midterm elections coming up in November, three people close to the discussions told Financial Times. The administration will look at what’s getting hit with tariffs […]
Author  Cryptopolitan
Yesterday 01: 34
President Donald Trump is getting ready to ease up on some of his steel and aluminum tariffs. The White House is worried about rising prices and bad poll numbers with midterm elections coming up in November, three people close to the discussions told Financial Times. The administration will look at what’s getting hit with tariffs […]
placeholder
Today’s Market Recap: AI Panic Intensifies, Global Assets Fall BroadlyTracking Market TrendsTradingKey - On the eve of the U.S. CPI data release, AI panic escalated. Amid deep-seated concerns that artificial intelligence will disrupt business models across many industri
Author  TradingKey
Feb 13, Fri
Tracking Market TrendsTradingKey - On the eve of the U.S. CPI data release, AI panic escalated. Amid deep-seated concerns that artificial intelligence will disrupt business models across many industri
placeholder
Silver Price Forecast: XAG/USD rebounds above $76.50 after sharp drop, eyes on US CPI dataSilver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
Author  FXStreet
Feb 13, Fri
Silver price (XAG/USD) recovers some lost ground to near $76.60 during the Asian trading hours on Friday. The white metal suddenly fell late Thursday, pushing silver down more than 11%.
placeholder
Is SaaS Dead? The Truth Behind the Software Meltdown, the Missing Floor, and the Peak That’s Not Coming BackOver the past few weeks, you’ve probably seen the same refrain everywhere: “SaaS has crashed this much, valuations must have bottomed, time to buy the dip.”On the surface, that sounds tempting. A lot
Author  TradingKey
Feb 12, Thu
Over the past few weeks, you’ve probably seen the same refrain everywhere: “SaaS has crashed this much, valuations must have bottomed, time to buy the dip.”On the surface, that sounds tempting. A lot
goTop
quote