XRP’s Road to a $1 Trillion Market Cap: Analyst Says ‘Kaboom 4’ Has Begun – How Realistic Is It?

Ripple’s token is frequently the object of rather massive and sometimes far-fetched price predictions. While these might get the necessary attention during bull market rallies, it’s rather hard to imagine most of them materializing when the underlying asset struggles at 70% away from its ATH. However, similar market conditions are usually what is required for full capitulation before the next leg up occurs.

Today, we will dissect EGRAG CRYPTO’s vision for XRP and its path toward a market cap of $1 trillion. Kaboom 4 Has Begun EGRAG is known for being quite generous in its XRP price analysis, often outlining targets above $10 for the next cycle’s peak. In his latest take, the analyst noted that the cross-border token’s monthly market cap continues to follow a macro pattern that has repeated throughout its 14-year history.

He argued that every major cycle has started with a retest of a long-term ascending structure alongside the 33-period simple moving average before triggering an explosive rally. These so-called ‘Kaboom’ phases produced numerous staggering expansions in the past, including a 95% surge during the first, while the subsequent two generated gains of around 15x. EGRAG is now convinced that XRP has entered the fourth iteration of the same pattern and has identified $64.

1 billion, $48.8 billion, and $37.2 billion as the key support levels for the market cap that it needs to hold to validate the bullish structure.

If that happens, EGRAG predicted the next targets according to the Fibonacci extensions at $130 billion, $310 billion, $493 billion, and ultimately $955 billion. Although he acknowledged that a long-term symmetrical triangle projection could theoretically point toward a market cap above $2 trillion, he considers the $1 trillion target the more conservative and achievable objective. How Realistic Is It?

While these trillion-dollar targets sound unrealistic at the moment, given the current XRP market cap of under $70 billion, it’s worth noting that t