Elite Analyst Makes Shocking XRP Price Prediction: Could $15 Be Next For Ripple's Token?

The XRP price is up around 2.5% this week and is now trading above the $0.54 area. What's more interesting for Ripple's token is that it still has a huge

A prominent crypto analyst known as EGRAG CRYPTO has shared a new XRP price prediction, suggesting that the token could be poised for a substantial price movement.

The analyst's latest XRP analysis, posted via his X (formerly Twitter) account, presents a detailed macro analysis chart, which shows two distinct consolidation zones. These zones are labeled “Area A” and “Area B.”

EGRAG CRYPTO's XRP Price Prediction: Key HighlightsBreaking down EGRAG's bold XRP analysis, the chart begins on a monthly time frame, spanning back to 2014. The analyst highlights two key areas of consolidation, which he terms “Area A” and “Area B.” These zones are marked by dark blue horizontal bands, showing significant historical XRP price activity.

The analysis suggests that XRP previously consolidated in Area A before experiencing a significant drop into what EGRAG calls “Drop Zone A.” Now, as the token trades in Area B, the analyst's theory proposes another major XRP price movement could be on the horizon.

EGRAG identifies $2 as a crucial trigger point for XRP's potential upward movement. His analysis suggests that if XRP breaks above this level, it could catalyze a surge toward $15, which he considers a minimum target.

Even more intriguingly, the analyst predicts potential further consolidation between $15 and $115, in what he terms “Area B*.”

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#XRP MACRO DROP ZONE ( $15 or 10X of $15!!!)

Ok, first things first… Don’t shoot the messenger, I'm just here to talk about gravity—and it's about to get heavy! ? ?️The Drop Zone analogy?️Area A was our MACRO consolidation, where #XRP was chilling. But then, it got pulled… pic.twitter.com/0V5NCXtvTI

In his analysis, EGRAG draws attention to volatility comparisons. The projected move from $15 to $115 would represent a volatility of 666.67%, notably lower than a previous surge from $0.15 to $2, which saw 1233.33% volatility. This comparison suggests that while significant price appreciation might occur, it could happen with relatively less market turbulence than previous rallies.

EGRAG's analysis on a monthly time frame, beginning in 2014, maps out these consolidation zones and potential “drop zones,” using historical data to support his macro analysis. These zones, marked by dark blue horizontal bands, represent areas where XRP has shown significant price activity in the past.

Historical drops and bounces are marked, suggesting that the previous consolidation in Area A led to a significant downward move to Area B. The same logic applies to a future upward move toward $15 and potentially $115.

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