Despite XRP dropping below the $0.50 psychological support, analyst Egrag sees it as a good buying opportunity, predicting a potential 30x surge. Egrag's analysis outlines four tracks in XRP's market cycle, with Track D representing the Cycle Top and the most bullish outcome.

Egrag predicts XRP could reach $15, a 30x increase from its current value, but warns that a breakout from the red-labeled falling wedge would require "unwavering determination." XRP may consolidate or drop to lower values before the anticipated surge, but Egrag advises market participants to consider this a favorable buying opportunity.