Analyst Egrag Crypto expressed optimistic views about XRP in an X post on Friday, asserting that it could reach between $27 and $33 and may trade in the double digits. This <a href="https://cryptotale.org/arthur-hayes-expects-market-downfall-after-feds-rate-cuts/" rel="noopener noreferrer nofollow">forecast</a> is made based on the current state of cryptocurrency in the macro wave cycle. As stated by the analyst, if the trend remains the same as in the previous years, XRP may skyrocket beyond the previous Fibonacci levels.Wave 5 AnalysisEgrag analysis is based on understanding Wave 5 of XRP’s market cycle. According to the technical analysis, Wave 5 normally measures between 1.236% and 1.618% of Wave 4’s length. This corresponds to the first wave or 61.8% of the total length of Waves 1 and 3.In any of these scenarios, XRP would trek past Fibonacci level 3, a critical reference level in chart analysis. This is because XRP is currently in its macro Wave 5, a stage many technical analysts consider the last bullish wave in a certain cycle.  As of press time, XRP is trading at <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">$0.5857</a>, showing a 0.52% increase over the past day.XRP vs. BitcoinComparing XRP with Bitcoin (BTC) indicates that <a href="https://cryptotale.org/xrp-set-for-potential-breakout-analyst-predicts-a-big-move/" rel="noopener noreferrer nofollow">XRP</a> is rising. Bitcoin attained Fibonacci level 3 but has not managed to close three consecutive monthly candlesticks above this level. XRP, now in its Wave 5, could surpass this level in the current market cycle, and therefore, $33 could be achieved.<a href="https://cryptotale.org/xrp-bull-run-wave-5-eyes-27-33-sets-goal-at-epic-1780/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information Website | Twitter | Telegram | Instagram |

XRP Bull Run: Wave 5 Eyes $27-$33, Sets Goal at Epic $1,780

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