According to a top crypto analyst, the XRP market cap has formed a bullish technical chart pattern on the 2-month timeframe and could be on the cusp of a major breakout, potentially reaching $1.5 trillion!
This type of liquidity would send the XRP price close to $27, returning over 12x to bagholders. Let’s find out what might be cooking.
Ripple’s XRP market cap tumbles
The XRP market cap rose from lows of $23 billion in August last year to hit close to $200 billion when the asset price reached a multi-year high of $3.4 in January.
However, XRP has been cooling down for months, collapsing to consolidate in the $2 range. While XRP had dethroned USDT to occupy the 3rd largest crypto position, this decline has seen it slip to the 4th crypto rank as its market cap tumbles to $131 billion.
XRP‘s market cap forms a double bottom
According to top crypto analyst EGRAG, the XRP market cap could be bracing for a massive breakout. He reveals that the asset market cap chart has completed the formation of a double bottom or W pattern, on the two-month timeframe, indicating a momentum shift from bearish to bullish.
While EGRAG says he first spotted this pattern back in 2023, it wasn’t fully shaped until January 2025, when the XRP market cap surged past $195 billion from a bottom of $13.88 billion in 2022.
With the pattern in place, EGRAG expects the XRP market cap to grow significantly once it breaks the pattern’s neckline, predicting it could reach crazy targets of $270 billion, $450 billion, $978 billion, or up to $1.5 trillion if the momentum builds further.
XRP Price Prediction: Can XRP hit the $25 price target?
EGRAG went ahead to set corresponding XRP price targets based on the token’s current circulating supply of 58.68 billion. A $270 billion market cap would drive the XRP price to $4.6, with a $450 billion market cap placing the asset price in the $7.6 zone.
If XRP‘s market cap surges to $978 billion, it would push the token’s price toward $17, while a $1.5 trillion market cap would send it to dizzy heights in the $26 zone!
Surprisingly, EGRAG’s speculative targets align perfectly with data-driven XRP price predictions from Changelly. While XRP is forecasted to stagnate in the $2 zone in 2025, its outlook for 2026 and beyond is quite inspiring.
According to the data, XRP could hit $4.9 in 2026 and blow past the $7.6 target to smash $10 in 2028. From there, the altcoin’s price is forecasted to grow steadily toward $27 by 2031!
XRP faces competition from merging rival coins
Hitting a $1.5 trillion market cap isn’t an easy target for XRP as rival coins like Remittix (RTX) rise to challenge its dominance in the cross-border payments sector. While XRP targets financial giants like banks, RTX brings real-time, low-cost international money transfers to retail investors and small business owners.
The RTX token is already up over 420% in the ICO market, and top market analysts predict it could register a stratospheric 10,000% move this year, hitting $10 faster than XRP. Your chance to turn $100 into $10,000 could lie with RTX!
Check out the Remittix presale and double up at the $0.0781 discounted price before this upcoming PayFi titan shoots the moon!
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