The influential crypto analyst Egrag Crypto comes with a striking new prediction for XRP. According to him, there is an explosive rise in the offing, with possible goals between $ 19 and even $ 45. What does he base this ambitious expectation on?
History repeats itself?
Egrag bases his prediction on recognizable historical races patterns that previously led to substantial price increases. In particular, he points to a recurring pattern that occurred in 2017 and 2021. In both cases, a long -term consolidation phase of 777 days preceded an explosive rally.
- In 2017, XRP rose by no less than 2,722%to an all-time high of $ 3.40.
- In 2021 an increase of more than 1,000%followed, up to $ 1.81.
According to Egrag, XRP is now again in a similar technical phase. A so -called bullish crossover is visible on the graph: a short -term average crosses above a long -term average – a signal that often points to an upcoming price increase.
Price targets from $ 19 to $ 45
Based on the repeating pattern, Egrag comes out on a price target between $ 19 and $ 45, depending on which historical scenario repeats itself. That would amount to an increase of:
- More than 755% at a rate of $ 19
- More than 1,900% at a rate of $ 45
(compared to the current rate of $ 2.12).
The analyst emphasizes that exact repetitions are rare, but that the chance of a strong increase increases when several indicators give bullish signals at the same time.
When does XRP reach its top?
Egrag also makes a prediction about the timing of the potential peak. If the historical cycle of 770 days repeats itself, the so-called blow-off top-the moment at which XRP reaches its highest point-could take place around September 2025.
Source: https://newsbit.nl/kan-xrp-naar-45-stijgen-analist-voorspelt-piek-in-2025/
