- The XRP/USD pair must reclaim the support/resistance level of around $2.76 to validate bullish sentiment.
- Crypto analyst believes the XRP price is destined for a parabolic rally in the midterm.
- Cumulative solid fundamentals for XRPL and Ripple Labs have bolstered XRP’s bullish sentiment.
Crypto analyst Egrag Crypto has outlined a bold macro outlook for XRP, leveraging statistical analysis to project long-term price targets significantly higher than current levels. Using a linear regression model calibrated against XRP’s past two major bull cycles, Egrag identifies $9.50 and $27 as plausible peaks within defined statistical deviations.
Related: XRP ETF Approval Odds Hit 99% on Polymarket Following SEC Guidance News
With a standard deviation of +/-1 and +/-2, the crypto analyst found out that the XRP price is destined for a parabolic rally in the near term.
“Linear Regression Analysis +2/-2 or +1/-1. It is either $27 or $9.5,” the crypto analyst noted.
Key Midterm Hurdles for XRP to Break
For XRP price to enter its parabolic phase of the 2025 crypto bull market, it must first clear the resistance level around $2.76. Notably, the XRP/USD pair lost this support level following the October 11 crypto crash.
In the daily timeframe, the XRP/USD pair must also rally and close above the falling logarithmic resistance level established since mid-July 2025. In the monthly timeframe, the XRP/USD pair has been consolidating in a range of between $1.96 and $3.3 year-to-date.
As such, a consistent close outside this range will determine XRP’s next trend in the subsequent months.
Why is Egrag Crypto Bullish on XRP?
High Institutional Demand Amid ETF Hype
The demand for XRP has significantly increased in the past year, fueled by the notable crypto legal clarity, especially in the United States. For instance, several publicly traded companies, led by Evernorth, have adopted XRP as a form of treasury management.
The high demand for XRP is also evident in the more than a dozen spot ETF filings with the United States Securities and Exchange Commission (SEC). The recent listing of spot Solana (SOL), Hedera (HBAR), and Litecoin (LTC) ETFs has increased the odds of spot XRP ETF listings in the near term.
XRPL Ecosystem Growth Boosted By Ripple Labs’ Activity Amid Altseason Frenzy
The macro bullish outlook for XRP is bolstered by the notable XRPL ecosystem growth. Notably, Ripple Labs has boosted the XRPL network through several strategic acquisitions in the recent past.
For instance, Ripple has acquired Hidden Road and GTreasury to facilitate seamless mainstream adoption of XRPL in the long term. The notable growth of XRPL has been backed by its regulatory clarity, especially in the United States through the GENIUS Act, which has enabled Ripple USD (RLUSD) growth.
The notable XRPL adoption is key to fueling XRP in the much-anticipated altseason 2025.
Related: A $10 Million XRP Purchase Could Send Prices to $15 — Analysts Warn of Shrinking Supply on Binance
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