XRP has had a volatile start to 2025, enduring a 32.88% decline in February. However, in the midst of widespread bearish sentiment, an analyst known as “Random Crypto Pal” has made an unexpected prediction: XRP could be on track to hit an astonishing $385. While this may seem far-fetched to some, the analyst argues that the cryptocurrency is following a similar pattern to the one seen in 2017, and this correction could set the stage for a massive rally.

Random Crypto Pal’s optimism comes despite the prevailing market downturn. The analyst believes that the recent pullback in XRP’s price is part of a larger, repeating cycle. Drawing parallels with the price action of 2017, the analyst points out that XRP experienced a significant drop before making a dramatic recovery. In 2017, XRP rose from a low of $0.003 to an impressive high of $3.31 in early 2018, a gain of over 110,000%. Random Crypto Pal is convinced that the current market behavior is closely following the same pattern.

The analyst draws a direct connection between the recent price action and the events of 2017. Back then, XRP went through a similar correction. In April 2017, the token dropped by 62% to $0.0264 after peaking at $0.0695 earlier in the month. Yet, after this pullback, XRP rebounded to $0.3988 in May 2017, before eventually reaching its all-time high of $3.31 in January 2018. This pattern, according to Random Crypto Pal, suggests that the current dip will soon be followed by another surge, and that XRP could rise to $27.

Although other analysts, like EGRAG, have also forecasted a $27 target for XRP, Random Crypto Pal sees this as a temporary milestone before the cryptocurrency experiences another correction and then takes off once again. The analyst’s most ambitious projection is for XRP to eventually reach $385. According to the analyst, if XRP could increase by over 110,000% in 2017, it is entirely possible for it to rally another 99,900% from its July 2024 low of $0.385 to a peak of $385.

While such a target is incredibly bold, the analyst believes the chart suggests that the potential for such a massive move exists. However, it is important to note that achieving a price of $385 would require a market cap of $22.1 trillion, which is more than eight times the current value of the entire cryptocurrency market. This would make XRP the largest asset by market cap, surpassing even gold—a feat that most analysts would deem highly unlikely, especially in the near term.

Despite the extreme nature of this price target, Random Crypto Pal is not the only one projecting a bullish future for XRP. Other analysts, such as Tony Severino, have indicated that XRP could surpass $13 in the coming months if its current bullish flag structure continues to play out. While this is a far more conservative estimate compared to the $385 forecast, it still suggests that XRP could experience significant gains in the near future.

In summary, while the idea of XRP reaching $385 is a bold and unlikely prediction, the analyst’s optimism is grounded in historical price patterns. The recent correction could indeed be a part of a larger cycle that mirrors 2017, leading to potential gains for XRP in the coming months. However, the prospect of XRP reaching such extreme price levels should be taken with caution, as such a market cap would defy current financial realities.