A fresh technical analysis by market expert Egrag Crypto highlights two major scenarios that could shape . Drawing on historical price patterns and critical support levels, the analyst suggests that XRP could be on track for either a slightly conservative surge toward $9.6 or an explosive rally to $33. 

XRP Price Retest Signals Path Toward $9.6

In his post on X social media, Egrag Crypto highlights , particularly the cryptocurrency’s interaction with the 21 Exponential Moving Average (EMA) and how it has played a role in fueling massive gains. At the time, XRP faced one of its most turbulent periods in its history. 

The against Ripple had triggered a sharp drop, pushing the XRP price below the 21 EMA. This move disrupted the bullish structure that had supported XRP in earlier rallies, spreading uncertainty and fear across the market. 

However, XRP eventually managed to reclaim the and hold it as a critical support level. The chart analysis shows that after the cryptocurrency , it staged a powerful rebound, driving its price up by approximately 414%. 

Applying this same percentage gain to XRP’s current market structure, the analyst presents his first bull rally scenario, projecting targets that point to a peak around $ 9.60. His chart analysis reveals that the current market setup , particularly with XRP’s recent retest of the 21 EMA on June 9 this year.

The Altcoin Faces Potential Moonshot To $33

Egrag Crypto’s second scenario for the XRP price outlook is modeled after its , when the 21 EMA acted as a powerful launchpad for growth. At the time, XRP bounced off this key support level twice, paving the way for a remarkable 1,610% rally. 

This breakout marked one of the most defining moments in XRP’s history, propelling the asset from sub-dollar levels to a at the peak of that bull cycle. If XRP repeats the 2021 cycle dynamics in 2025, Egrag Crypto forecasts that the measured move points to another 1,610% increase, potentially pushing the price to a more ambitious target of $33.    

Such a rally would represent one of the strongest performances in XRP’s history, firmly establishing it as a standout asset in the market. With the and XRP completing its third retest of the 21 EMA this year, the conditions are aligning for a potential surge toward $9.6 or $33.  

Currently, XRP is trading at $2.87, having by approximately 5%. While the cryptocurrency managed to briefly, it failed to sustain momentum and is now consolidating below this key threshold.