Sun Mar 02 16:50:00 UTC 2025: ## XRP Price Predicted to Soar to $66, Analyst Says
**London, March 2, 2025** – XRP, the fourth-largest cryptocurrency, is showing signs of recovery after a turbulent week, with its price currently at $2.23. Despite a recent dip in trading volume, bullish sentiment remains strong, fueled by positive legal developments and a bold price prediction from prominent analyst Egrag Crypto.
Using the Elliott Wave Theory, Egrag Crypto forecasts a significant price surge for XRP. The analyst believes XRP has already completed the first wave of a five-wave cycle and is currently in a corrective second wave. Egrag predicts this correction will bottom out around $1.77 before a rebound to $3.7-$3.9.
The most significant price increase is projected during the third wave, expected to be the most explosive, potentially reaching $17-$20, representing an 800-1000% increase from the second wave’s low. Subsequent corrective and bullish waves could further propel XRP to price targets ranging from $20-$29 or even as high as $44-$66, according to Egrag’s analysis.
These projections hinge on positive legal outcomes, particularly regarding the ongoing SEC lawsuit against Ripple. Market optimism is growing that the SEC may drop its appeal, mirroring recent decisions involving other major exchanges. While the analyst’s prediction is ambitious, the current market sentiment surrounding XRP suggests considerable potential for growth.
First Piper 