Recent market movements have reignited optimism surrounding XRP’s price potential . The asset has officially broken out of a long-standing bullish pennant pattern, a development that has analysts projecting significantly higher valuations in the near term. Among the most notable voices is market strategist EGRAG Crypto, who believes that the commonly cited $11 price target may fall short of XRP’s real capacity for growth. XRP Breakout Validates Bull Pennant Structure Earlier this month, XRP completed a breakout from a multi-month bull pennant formation, following an extended consolidation phase that lasted from late 2024 through mid-2025. This pattern, marked by a sharp upward movement followed by a narrowing range, is typically viewed as a continuation signal. #XRP – A Closer Look at Measured Moves: Lately, I've been observing a trend in the crypto-space: logarithmic measured moves seem to be more indicative than linear ones. This observation applies to a variety of crypto assets, whether they’re high-cap, mid-cap, or low-cap… pic.twitter.com/TJDSwa75uC — EGRAG CRYPTO (@egragcrypto) July 27, 2025 The initial surge that formed the flagpole peaked at approximately $3.40 in January 2025, and XRP then fluctuated between $2 and $3 for several months, creating the pennant shape. Technical indicators now point to $11 as a near-term projection, based on the flagpole’s height and the subsequent breakout confirmation. However, analysts such as EGRAG caution that this target could once again underestimate the token’s upside, citing historical data that suggests a more substantial rally could unfold. Historical Comparison Suggests Greater Upside In his latest technical breakdown , EGRAG reviewed XRP’s market behavior in 2023, where a falling wedge pattern on the weekly chart led to a surprising rally. At the time, XRP dropped from around $1.96 in 2021 to a bottom of $0.35 in early 2023. Upon breaking out of the wedge, EGRAG initially projected a rise to $1.43. However, XRP far exceeded that estimate, reaching over $3.30 by January 2025, more than doubling the original forecast. This past instance serves as a basis for EGRAG’s current argument, price models based on traditional linear projections may not fully account for crypto assets’ capacity for exponential growth. According to his analysis, if XRP performs similarly to its previous breakout, the $11 forecast may be conservative, and the price could climb as high as $22. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Analyst Recommends Using Logarithmic Models EGRAG also pointed out a broader observation concerning market forecasting. He emphasized that relying solely on linear patterns may no longer be suitable for the crypto sector, where volatility and momentum often defy conventional expectations. Instead, he recommends using logarithmic measurements to capture the full scope of potential growth, especially in cases where historical breakouts have far surpassed predicted targets. While $11 remains the most immediate and technically supported target following XRP’s recent breakout, analysts like EGRAG continue to encourage a wider lens when evaluating potential outcomes. His latest projections suggest that under favorable conditions and continued momentum, a move to $22 is not unrealistic. Market participants are now closely watching price action for signs of further acceleration. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Egrag’s Logarithmic Model Forecasts Mind-Blowing XRP Price Target appeared first on Times Tabloid .
