The recent recovery staged by Ripple’s cross-border token has brought several long-term technical setups back into focus, but one of the more unusual comparisons does not involve BTC, another cryptocurrency, or even the greenback.
Instead, EGRAG CRYPTO has focused on XRP’s performance against gold, arguing that the pair could be approaching a stage where the former begins gaining ground relative to the precious metal.
Can XRP Beat Gold?
Notably, the idea is not that XRP is backed by gold or directly linked to it, but that their relative performance may be reaching an important point on the analyst’s long-term chart. The analyst has previously used the XRP/gold comparison to identify periods in which the token dramatically accelerated against the bullion.
His latest chart points again to the possibility that the cryptocurrency could eventually begin appreciating faster than gold if the historical structure repeats. Such a development would represent a substantial shift in relative performance, as gold has enjoyed a strong period with investors seeking protection from fiscal concerns, geopolitical uncertainty, and currency debasement.
XRP, on the other hand, remains far below its 2025 all-time high despite recovering from the sharp declines to $1.00 seen in August.
This narrative is therefore essentially a relative-value argument: XRP does not necessarily need gold to fall, as it could appreciate at a faster rate for the pair to turn decisively higher. However, EGRAG remains a believer that XRP will indeed explode higher while the precious metal will fall.
What About USD?
In a separate analysis, EGRAG outlined a much more speculative long-term roadmap for the token, with $1.75 serving as an important threshold in that scenario. Holding above that area could keep open a broader expansion toward major targets of $5-$8 or even $13 in an extreme development.
He also mentioned $365 as a potential target for XRP, but that remains a hypothetical chart projection and, for that matter, in the far-fetched realm as of now.
Meanwhile, fellow analyst ChartNerd identified something similar on XRP’s chart. In another longer-time-framed analysis, he noted that the asset is forming a multi-year cup-and-handle pattern based on Fib targets and outlined some major targets that coincide with those set by EGRAG at $8 and $13.
Something that can support the bullish thesis from above is whales’ behavior. These large market participants have been scooping tokens en masse lately, including a major $720 million accumulation completed over the past several days.
Source: CryptoPotato
