XRP dropped to $1.02 on Friday, a slide that puts the token right on top of a technical support level that has historically marked major turning points. The dip comes with analyst EGRAG CRYPTO sticking to an aggressive long-term forecast — $15, $27 and eventually $50 — even as the immediate picture looks shaky.
Friday's slide
XRP spent the week losing ground and by Friday afternoon it was trading at $1.02, down from recent highs. The move brings the token close to its 100-week exponential moving average, a level that has acted as a major support zone in past cycles. EGRAG, who posts under the handle EGRAG CRYPTO, sees the ideal stabilization band at $0.95 to $1.00 — meaning the current price is only a small push away from what he considers a healthy floor.
A failed support level
The analyst's earlier call for $2.00 macro support didn't hold. That level broke, and the token has been sliding since. EGRAG now argues that the real floor sits lower, at $0.80, which he describes as the lower boundary of XRP's long-term ascending channel. In his view, a drop below that would break the broader uptrend, but he doesn't expect it to happen.
The math behind $15
Getting to $15 would require a roughly 15x surge from current prices. That's a bigger move than XRP has ever made — its all-time high is $3.65, set years ago. A $15 XRP would put the token's market capitalization near $1 trillion, a milestone that only Bitcoin has reached so far. EGRAG's higher targets of $27 and $50 imply even more extreme valuations, though he has not laid out a timeline.
What it would take
None of this happens on its own. EGRAG's scenario depends on continued growth in the broader crypto market, fresh institutional money, clearer regulation, and a sustained bull run. XRP has a track record of triple- and quadruple-digit rallies, so the history is there. But the recent failure at $2.00 is a reminder that those moves don't come easily.
For now, the immediate test is whether the $0.95–$1.00 zone holds. If it does, the bullish thesis stays alive. If it doesn't, the $0.80 line becomes the next thing to watch.
