EGRAG Predicts XRP Market Cap Could Hit $7 Trillion
EGRAG Crypto, a well-known analyst in the XRP community on X, has made a bold prediction about XRP's market cap. He believes that XRP's market cap could eventually move through a series of major Fibonacci targets before reaching an extreme $7 trillion scenario if the long-term structure fully plays out.
EGRAG's chart uses XRP's monthly market capitalization, rather than simply looking at token price. The current battle is taking place around $94 billion, and EGRAG sees the market cap compressing between two major technical structures: descending resistance from previous highs and a long-term rising support line underneath.
The first important level for XRP's market cap to clear is $110 billion, which EGRAG describes as the breakout gate. If XRP's market cap can break through that region and hold above it, his next Fibonacci-based targets are $190 billion, $277 billion, $488 billion, and $945 billion.