Cryptocurrency analyst EGRAG CRYPTO (@egragcrypto) has published a long-term XRP price target of $13.68, derived from a 3-week chart structure dating back to 2013. The chart utilizes a logarithmic scale and illustrates a repeating cycle that has completed twice previously in the history of XRP.
Tracking the Repeating Cycle
Every cycle follows an identical pattern, beginning with a sharp parabolic rally, a large falling wedge consolidation phase, an extensive breakdown and accumulation phase, followed by a fresh breakout. The initial cycle formed in 2018 and concluded in 2021 as XRP climbed to $1.96.
The second cycle developed soon afterward and fueled XRP’s explosive 500% rally from $0.50 to surpass $3. Current price action rests at the foundation of a third cycle, exhibiting the exact structural traits that preceded both earlier surges.
A long-term ascending trendline connects the cycle lows going back to 2014. XRP recently broke above that trendline backed by robust momentum. Furthermore, both the 21 EMA and 100 EMA are trending upward to supply underlying support beneath current prices.
#XRP – YOU DON'T BELIEVE IN $13? THEN BELIEVE THE HACKERS!
You find it hard to believe #XRP could reach $13, but you're ready to believe a story about North Korea's Lazarus Group allegedly accessing a Binance developer's laptop?
WHICH ONE SOUNDS MORE BELIEVABLE TO YOU?
… pic.twitter.com/FQpNUt7flh
— EGRAG CRYPTO (@egragcrypto) October 30, 2026
What the Fibonacci Levels Show
EGRAG CRYPTO features a Fibonacci extension grid placed on the right side of the chart, with its base anchored at $0.9835. Moving upward, the levels progress through $1.63, $1.90, $2.47, $3.67, $5.25, and $8.28 before culminating at the ultimate target of $13.6885, which aligns with the 2.0 Fibonacci extension.
XRP presently trades at $1.2523. The chart records a previous spike above $3 succeeded by a retracement to current levels. EGRAG CRYPTO regards that pullback as a buying opportunity, noting in the post: “DIPS ARE FOR BUYING, NOT FOR CRYING.”
The Hack That Backs the Point
Rather than sharing the chart by itself, EGRAG CRYPTO coupled the projection with a critique of market skepticism by citing recent headlines regarding a major security breach at Binance, the world’s largest cryptocurrency exchange.
The incident took place on October 30, 2026. Preliminary findings from Binance indicated that a compromised laptop belonging to a DevOps engineer served as the initial entry point. Hackers leveraged access from that device to perform unauthorized withdrawals and steal over $6 billion in assets.
Blockchain analysis firm TRM Labs attributed the theft to TraderTraitor, a North Korean hacking cell widely recognized as a subset of the Lazarus Group—a state-backed entity known for financing North Korea’s weapons initiatives via cyberattacks.
EGRAG CRYPTO pointed out the contrast between retail doubters questioning a $13 XRP target while readily accepting that a state-sponsored hacking organization could compromise the top global exchange through a single employee’s laptop, posing the question: “Which one sounds more believable to you?”
FAQs
What is EGRAG CRYPTO’s long-term price target for XRP?
The analyst’s long-term price target for XRP is $13.68, which corresponds to the 2.0 Fibonacci extension level on a 3-week logarithmic chart dating back to 2013.
How many historical cycles has XRP completed according to the analysis?
XRP has completed two full cycles following identical repeating patterns—starting with a parabolic rally, falling wedge consolidation, accumulation, and breakout—with the third cycle currently underway.
What recent event did EGRAG CRYPTO reference in the analysis?
The analyst referenced the October 30, 2026 security breach at Binance, where hackers stole over $6 billion in assets following the compromise of a DevOps engineer’s laptop.
Who was blamed for the Binance hack?
Blockchain intelligence firm TRM Labs attributed the theft to TraderTraitor, a North Korean hacking unit associated with the Lazarus Group.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
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Written by
Elara Winter
