Speculation Is Mounting Over Whether XRP Could Soar to $27

A combination of legal victories, bullish technical indicators, and institutional interest are being cited as the drivers behind the lofty price forecasts.

Speculation is running rampant as crypto analysts predict that Ripple’s native token, XRP, could soar to $27—a price level many once considered far-fetched.

As the dust settles on Ripple’s legal victories, bullish technical indicators are emerging, and institutional interest in XRP continues to heat up, analysts are combining these observations to make lofty forecasts for the token’s future value.

But one analyst, Versan Aljarrah, also known as the Black Swan Capitalist, claims that XRP’s future price may already be prearranged by institutional forces.

According to Aljarrah, XRP’s true value was determined by global institutions, way before retail investors entered the market.

"The price of XRP is being manipulated by a few major financial institutions who are interested in using it for cross-border payments," said Aljarrah in a recent post.

"They've agreed on the future value of XRP years ago—we're just not seeing it on the open market yet."

According to the analyst, major institutions are planning to integrate XRP into their payments systems, and they've already settled on a price range for the token.

"Think of it like a pre-IPO pricing deal, where large investors agree on a valuation for a company before it goes public."

According to his calculations, and his claims remain speculative, this internal valuation may be somewhere in the three- to four-digit range.

"It's going to be a huge price, something that most people aren't expecting," added Aljarrah.

The potential for XRP to play a broader role in the global financial ecosystem is a narrative that several analysts are following closely.

Another respected crypto analyst, EGRAG CRYPTO, has issued a separate XRP price prediction, based on his analysis of technical signals. According to EGRAG, XRP could reach $27 in the near term, as it approaches the final stage of a technical setup that closely resembles the token's historic 2017 breakout.

EGRAG's prediction is based on Elliott Wave theory, suggesting that XRP is nearing the end of its third wave, which is usually followed by a strong upward move. According to his calculations, XRP must stay above the 21-day Exponential Moving Average (EMA), currently around $1.95-$2.10, to continue the bullish trend.

"XRP is showing behavior very similar to its 2017 cycle. The timing may vary, but the structure and levels are strikingly similar," said EGRAG.

According to his analysis, if momentum holds, XRP could rally past $2.70 and test $27. Some even speculate that the token could hit $120 in a future long-term cycle.

Despite this bullish outlook, XRP has seen some struggles in the short term. The token failed to close above its key daily resistance at $2.23, a level that also coincides with its 50-day EMA. It is currently trading around $2.17.

However, analysts like Ali Martinez remain optimistic, highlighting that XRP is forming an inverse head-and-shoulders pattern on the lower timeframe. If XRP manages to break above the $2.40 neckline, Martinez believes it could further test $2.70.

Moreover, year-to-date investment trends are showing a shift in interest toward XRP, potentially indicating increasing institutional activity. According to CoinShares data, XRP-related products attracted $37.7 million in inflows over the past week, bringing its yearly total to $214 million, nearly matching Ethereum’s figures. In contrast, both Ethereum and Bitcoin products saw net outflows.

This influx of capital into XRP products suggests that more investors might be shifting their attention toward Ripple and its role in cross-border payments.

As for the SEC Ripple lawsuit, it ended with the regulatory body dropping its claims against Ripple Labs executives and an agreement to settle charges against the company. This decision lessens the regulatory burden on Ripple, potentially paving the way for broader adoption of its payment technology.

The potential for Ripple to replace SWIFT and overcome legal and scalability hurdles could lead to a massive increase in XRP’s value, as ex-London fund manager DigitalG noted in a recent X post.

Furthermore, rumors of deeper partnerships with firms like Bank of America are circulating, and several institutions, including the UN, have recognized Ripple’s technology. This attention could be critical in cementing Ripple’s place in the global payments network.

From a technical perspective, traders are keeping an eye on a few key support and resistance zones to watch for the next moves in the XRP price.

On the downside, the next major level of support is around $1.96, with deeper support seen near $1.82. A drop below $1.82 could indicate weakness and potentially open the door for a decline toward $1.