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<p>XRP, the native asset bridging global payments across Ripple’s high speed blockchain network, shows growing signs of an imminent trend change back into bull market-positive territory, both technically and fundamentally.</p>
<p>Top analyst EGRAG Crypto <a href="https://twitter.com/egragcrypto/status/1762737783985115589" target="_blank" rel="noopener noreferrer nofollow">makes the case</a> for an eventual trillion-dollar XRP market capitalization during the next cycle phase, implying a 10X upside or more.</p>
<h2 class="wp-block-heading" id="revisiting-the-2017-gains-offers-roadmap-for-2023-24">Revisiting the 2017 Gains Offers Roadmap for 2023/24</h2>
<p>With XRP gaining renewed momentum following months of bear trend attrition, analyst EGRAG Crypto reexamines past precedents to forecast the next upside targets.</p>
<p>Specifically, he notes XRP’s staggering 100,000%+ surge in 2017 initially represents just 7% of the current required breakout toward the technically important Fibonacci extension at $5.50 based on the prior peak value.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="436" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-1024x436.png" alt="" class="wp-image-444981" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-1024x436.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-300x128.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-766x326.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-1536x653.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-2048x871.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-353x150.png 353w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-823x350.png 823w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039-788x335.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1039.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong>“Achieving a 7% gain from the 2017 cycle is extremely achievable this time,” </strong>EGRAG concludes, eyeing $5.50 as the next key marker en route to an ambitious $1 trillion market cap. Compared against the prior bull cycle peak around $3.30, this target implies almost 10X returns from sub-$0.40 levels.</p>
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<h2 class="wp-block-heading" id="decisive-breakout-signals-trend-reversal">Decisive Breakout Signals Trend Reversal</h2>
<p>Bolstering the fundamental case, analytics platform altFINS highlights an extremely constructive technical breakout now unfolding for <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> against its multi-month downtrend.</p>
<p>“Price has broken out from a Channel Down pattern and above $0.55 resistance, which could signal bullish trend reversal, with +24% upside to $0.68.” The initial measured move upside projection aligns with Fib resistance around $0.68.</p>
<p>Notably, increased volume flows confirm a high-conviction push beyond the established bear channel – opening upside continuation toward far greater recovery targets.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-1024x573.png" alt="" class="wp-image-444989" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-768x430.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-2048x1147.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040-788x441.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1040.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<h2 class="wp-block-heading" id="confluence-of-metrics-support-bullish-outlook">Confluence of Metrics Support Bullish Outlook</h2>
<p>While the devastating crypto winter severely tested even the most steadfast XRP believers, tangible signals of on-chain and technical revival present compelling reasons for renewed optimism in the long-term investment thesis.</p>
<p>If the network can continue attracting liquidity and customers leveraging its payment rail advantages over outdated cross-border money transfer incumbents, substantial adoption and valuation multiple expansion appear feasible this cycle for one of crypto’s most polarizing yet persistent assets.</p>
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<p>The post <a href="https://captainaltcoin.com/ripple-analyst-outlines-roadmap-for-xrp-to-reach-1-trillion-market-cap/" rel="noopener noreferrer nofollow">Ripple Analyst Outlines Roadmap for XRP to Reach $1 Trillion Market Cap</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple Analyst Outlines Roadmap for XRP to Reach $1 Trillion Market Cap

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