Despite the broader bearish sentiment surrounding XRP, one analyst has made an audacious prediction that the cryptocurrency is on track for a significant rise, potentially reaching a three-digit price target. This optimistic perspective arises even as XRP has faced a steep decline, losing 32.88% of its value throughout February 2025. Interestingly, rather than viewing this downturn as a negative sign, the analyst, known as “Random Crypto Pal” on X , interprets it as preparation for a major rally. He argues that XRP’s current price movement resembles its pattern from 2017, which could signal an imminent breakout. While some experts dispute this comparison, Random Crypto Pal remains confident that the similarities are evident. Drawing Parallels to 2017 Several market observers have noted similarities between XRP’s present price action and its trajectory in 2017. However, earlier in February, order book analyst Dom challenged this assertion, claiming that XRP has diverged from its historical fractal. Despite these counterarguments, Random Crypto Pal maintains his belief that the 2017 pattern is repeating itself. He dismisses the skeptics, asserting that history is indeed repeating. To support his position, he points out that XRP experienced a dramatic surge in 2017, soaring from $0.003 to $3.31 within a year—an astronomical increase of 110,233%. Source: Random Crypto Pal He further emphasizes that XRP underwent a sharp correction in April 2017, dropping 62% to $0.0264 before staging a notable recovery. The asset then climbed to $0.3988 in May and eventually peaked at $3.31 in January 2018. According to the analyst, the current retracement of XRP closely aligns with this past movement, reinforcing his bullish outlook. Targeting $27 Before a Bigger Move Random Crypto Pal anticipates that once XRP navigates the ongoing price correction, it will reclaim the $27 level —a projection that coincides with forecasts from another reputed analyst, EGRAG. However, he views $27 not as the ultimate target for this cycle but rather as a stepping stone before a subsequent correction occurs, leading to an even bigger surge. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Aiming for an Astonishing $385 In an even bolder projection, Random Crypto Pal foresees XRP reaching an impressive $385. His reasoning stems from historical performance —considering that XRP previously gained 110,233% in a previous cycle, he believes a 99,900% increase from its low of $0.385 in July 2024 is feasible. However, this target raises significant concerns. If XRP were to reach $385, its market capitalization would surge to approximately $22.1 trillion, far surpassing the current total valuation of the entire cryptocurrency market. Such an outcome would position XRP ahead of gold regarding overall value, rendering this target highly improbable shortly. On the other hand, other analysts have put forth more conservative yet still bullish targets. Last month, market analyst Tony Severino suggested that XRP could rise to $13 if its bull flag formation materializes successfully. While the potential for XRP’s price remains a contentious topic, ultimately, the market will determine whether these ambitious predictions come to fruition. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Has a Clear Path to $385. Here’s Why appeared first on Times Tabloid .
