Things are heating up for Ripple’s XRP token, as evident in the $7.64 billion daily trading volume this Monday. Coming off fresh off the highly-awaited all-time XRP price record, the popular remittance altcoin backtracked 2.5% after the milestone hit on July 18, 2025.
The positive headwinds in crypto-linked legislation, particularly the Genius & Clarity Acts gaining approval in the United States Senate, is likely to put Ripple (XRP) in price discovery. Naturally, crypto market watchers are now setting their sights on a follow-up record, relying on historical XRP price data to mark the most rational targets.
XRP’s Price On Hot Streak: Here’s Key Targets
In one of their latest analyses, French crypto trader Egrag a.k.a ‘Y’ delved into the bull cycles of 2017 & 2021 with the Fibonacci Retracement tool, a popular trading instrument. In case of mimicking the 2021 XRP bull rally, Ripple’s native crypto could reach $7.70, the analyst argues.
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However, a totally different outlook comes into play if we take into consideration XRP’s previous bull run. Back in 2017, XRP Ledger’s home crypto currency accelerated from fractions of a cent at the beginning of the year to $0.31 in May.
While this 500% XRP price bull run was impressive, what followed in 2018 was the long-term $3.40 milestone, but the infamous Ripple vs. the SEC case got the better of that bull run, sending the XRP coin back to retest the same support level of $0.31, successfully claimed in 2017.
On top of that, if XRP coin manages to follow through the same symmetrical triangle upward breakout like the one zoomed in the analysis, “we could see XRP reaching an impressive $33”, concludes the French trader, adding a starry money bag emoji for the finishing touch.
Ultimately, the average projection from these two historical XRP price patterns comes to $20, but the technical analysis also doesn’t leave out the odds of a downward breakout. In such a case, XRP price would have to rely on the support formed at $1.60 before picking up pace again.
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People Also Ask:
A: Recent analyses, such as EGRAG CRYPTO’s post today, suggest XRP could reach $7.7 or potentially $33, with a $20 average derived from 2017 and 2021 cycles. This remains speculative and warrants careful consideration.
A: These figures are based on peak prices from the 2017 and 2021 bull runs. However, historical data does not guarantee future results, and investors should act cautiously.
A: The $20 figure represents an average of past highs, but cryptocurrency markets are highly volatile. Investors should approach such predictions with skepticism and conduct thorough research.
A: This analysis is not financial advice. Given the inherent risks of cryptocurrency, individuals should perform their own due diligence before making investment choices.
A: For the most current information, readers are encouraged to visit DailyCoin, which offers regular updates and insights on XRP and other cryptocurrency developments.
