**Analyst Stays Optimistic About XRP’s Potential Despite Market Challenges**
In the face of widespread skepticism, a prominent analyst remains confident that nothing can prevent XRP from reaching a three-digit price target. This bold assertion comes during a bearish phase that has seen XRP’s price plummet by 32.88% this month, February 2025. Interestingly, the analyst attributes this price correction as a key factor fueling his belief in an impending significant uptrend for XRP. Known as “Random Crypto Pal” on X, he suggests that XRP is mirroring its 2017 trajectory.
**Same Pattern as 2017?**
While many market observers highlighted this trend last year, Dom, an order book expert, contended earlier this month that recent price movements indicate XRP is no longer adhering to the 2017 fractal. However, Random Crypto Pal is convinced that the fractal remains intact. “The same pattern is repeating for 2025. People are DUMB if they think this is not the same,” he asserted passionately, implying that the remarkable surge XRP experienced from 2017 to 2018 could be replicated in the current cycle.
The analyst pointed out that XRP skyrocketed from $0.003 to $3.31 in 2017, a claim supported by historical data. Specifically, XRP hit a low of $0.003 in January 2017 amid bearish conditions, but as it rebounded, the asset surged to a peak of $3.31 in January 2018, marking an astonishing 110,233% increase. Random Crypto Pal anticipates a similar rally this time around. He believes the current pullback reflects a pattern seen in April 2017, when XRP fell 62% to $0.0264 after reaching $0.0695 earlier that month. Notably, following that correction, XRP climbed back to $0.3988 by May 2017, experienced another dip, and then soared to $3.31 in January 2018.
The market analyst is optimistic that after this correction, XRP will rebound to hit the $27 mark. Interestingly, fellow market analyst EGRAG has consistently projected this $27 price target. However, Random Crypto Pal does not view this as XRP’s final destination, predicting another dip to lower levels before a significant rebound.
**Analyst Sees XRP at $385**
He envisions this rebound propelling XRP to an ambitious price of $383. He argues that since XRP could rise 110,233% from $0.003 to $3.31 in 2017, there’s nothing stopping it from soaring 99,900% from $0.385, its low in July 2024, to a peak of $385. “The chart is clear,” he remarked.
However, it’s important to note that at a price of $383, XRP’s market capitalization would skyrocket to $22.1 trillion, more than eight times the current total valuation of the entire cryptocurrency market. This would also position XRP as the largest asset by market cap, surpassing gold. Such a valuation renders the $385 price target highly improbable for the asset, particularly in 2025. Other analysts have suggested bullish yet more conservative targets for this cycle. For instance, Tony Severino mentioned last month that XRP could potentially exceed $13 if its bull flag structure holds true.
