XRP May Reach $27 in 60 Days if Historical Patterns Hold

Analysts suggest that XRP could rise to $27 within 60 days, paralleling its historical performance from 2017. Key observations include:

XRP increased from $0.0055 in March 2017 to $0.3988 by May, then stagnated for six months.
Currently, XRP hovers around $2.33 after a past peak of $3.40 following the November 2024 US elections.
Analyst Egrag Crypto identifies critical price targets: $8.49 (1.272 Fib), $13.79 (1.414 Fib), and a potential surge to $27 if it mirrors the 1,772% increase seen in 2017.
XRP must maintain above the 21-week exponential moving average at $2.30 to sustain bullish momentum.
CME Group's new XRP futures launched mid-May 2025, with only 1,380 contracts traded, indicating limited initial institutional interest.

Market sentiment remains cautious regarding the feasibility of a 1,772% increase in two months. Regulatory uncertainties surrounding Ripple's legal situation may impact price movements. However, surpassing the $2.70 level could trigger further gains.