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XRP Price Hits a Reset Phase as Analyst Egrag Estimates that “an XRP Price Around $11 Would be Plausible”

XRP (XRP-USD) is getting a lot of attention right now because the market is starting to care more about how big companies actually use the token. On Friday, XRP’s price stayed steady near $1.32. While the price isn’t moving much today, expert Egrag Crypto says this is just a reset phase before a major change. In his latest report, Egrag estimates that “an XRP price around $11 would be plausible” because the asset is moving out of its legal battles and into what he calls the “Boardroom Era.”

XRP’s Technical Patterns Point Toward an $11 Target

The reason Egrag believes an $11 price is possible comes down to how XRP has moved in the past. He pointed out that since 2014, the asset often moves sideways for a long time before the price suddenly shoots higher.

His charts show that XRP is currently testing a level it recently broke through. While he thinks the price will mostly land between $10 and $13, his most optimistic math shows it could peak at $42. However, when looking at all the likely outcomes, Egrag believes $11 is a more realistic goal for this cycle. He says the current price structure needs to stay the same for these predictions to work.

Long-Term Forecasts for XRP See a Path to $20

Following this same logic, other analysts are also looking at much higher prices over the next several years. A new forecast from analyst ChartNerd shows a path for XRP to hit $20 by the year 2030. This view suggests the current slow price action is a time for people to buy in before a bigger rally starts.

The plan predicts the price will climb slowly. For 2026, the analyst expects XRP to hit an “average price of $5.53,” which is more than triple where it trades today. This would be a step toward those double-digit targets in 2028 and beyond. By 2030, the model predicts the price could settle at $20 once Ripple’s technology is used globally for payments.

Real Use by Big Banks Creates Value

Furthermore, experts say the XRP Ledger (XRPL) is becoming a bigger part of the global money system. Pundit XRP Queen recently told skeptics that the real value comes from how the token is used for actual work.

She quite famously said that “institutions do not build rails for fun,” meaning that Ripple is building a massive system for long-term use, not just for show. As more companies use the ledger to move money, the demand for XRP should go up. Naturally, this would cause XRP’s price to increase.

At the time of writing, XRP’s price is sitting at $1.3228.

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Annika is an Editor and Writer at TipRanks. She delivers in-depth company analysis and market commentary on stocks & cryptocurrencies listed on NASDAQ, NYSE, LSE, and many others. She previously worked at the firm as a TV anchor and market analyst, where she gained extensive experience translating fast-moving news into high-quality video content for a global audience. Annika draws on more than five years of experience in the financial domain. Her academic foundation comes from the London School of Economics and Cass Business School, where she studied Accounting & Finance. She sharpened her technical skills within the Investment Banking Division at Morgan Stanley before moving into fund management at AlmaStone. Driven by a passion for clarity, Annika founded Finpact, an educational platform designed to make complex financial concepts easy for everyone to understand. She focuses on keeping her research-led content simple and crisp. Her goal is to provide actionable insights that help investors make better decisions in both the traditional stock and cryptocurrency markets. Outside of her financial passions, Annika enjoys experimenting with new recipes in the kitchen, doing activities with her dog, and traveling.