Analyst targets $42 for XRP after $1.40 support retest

XRP reclaims $1.40; Egrag Crypto maps $4.5–$13 steps, eyes $42

XRP bounced back to the $1.40 support. Analyst Egrag Crypto outlines a cycle-based path with nearer targets first, and a stretch target at $42. Source.

He tracks four recurring monthly structures. Each shows compression, a breakout rally, then reset before the next formation. Details.

Key cycle marks:
- Oct 2014 move from $0.0046 to $0.028, then range until early 2017. Chart view
- Mar–May 2017 breakout from under $0.01 to $0.40, over 4,000%. Chart view
- Jan 2018 peak at $3.31, then decline to ~$0.17 by Jun 2020. Chart view
- From $0.17 in Jun 2020 to $1.96 by Apr 2021. Break of a 2018-descending trendline in Nov 2024. Rally to $3.65 by Jul 2025. Trendline context

Current pullback to $1.30–$1.40 looks like a retest of that breakout zone. Egrag says the proportional path leaves $42 on the table if the structure holds. Retest level | Forecast

Near-term guideposts:
- Breakout target at $4.50 if momentum resumes. Egrag’s map
- Extension zone at $10–$13. Scenario average near $11, implying roughly $670B market cap. Scenario set

Risks stay live. Egrag flags a failed structure that could push XRP into a deeper bear market. Or the drawdown is only a retest within a new cycle. The structure must hold for targets to stand. Retest | Downside risk