Attention, crypto fans! $33 dollars for each XRP is not a crazy summer dream, it is a technical projection based on history! 🤯
We are not here with guesses, my people. Analyst Egrag Crypto just dropped a bomb in the crypto world and gives us two very serious outlooks for the future price of XRP, and both are insane. The key? The Exponential Moving Average (EMA) of 21. This line is like the support floor that, if it holds, can send us to the stars.
Stage 1: The Route to $9.6 🚀
What is it based on? On what happened in the 2021 cycle. Remember that at that time, the famous SEC lawsuit (the US regulator) against Ripple instilled terrible fear and the price plummeted, falling below that 21 EMA.
The Historical Bounce: But XRP, like a good champion, managed to recover that 21 EMA and used it as a launch pad. The result was a brutal bounce of 414%.
The Projection: If we apply that same increase (414%) to the current market structure, where XRP has already touched and bounced off that 21 EMA this year, the price could reach $9.60. Be careful, that's not a small thing!
Stage 2: The Mega Route to $33 🌌
What is it based on? On the epic rally of 2017. In that cycle, the 21 EMA was a turbine that propelled XRP, bouncing off it twice.
The Legendary Jump: That bounce in 2017 was not 400%, it was an enormous 1610%! That jump took the asset to its all-time high of $3.84 at that time.
The Strong Projection: If XRP manages to repeat that same dynamic of 1610% that we saw in 2017, the price would soar to an extremely ambitious target: $33! This would undoubtedly be one of the most powerful moves in the history of cryptocurrency.
Real Impact on Your Pocket 🌎
What this analysis tells us is that, with the SEC's demand now basically in the rearview mirror and XRP successfully testing that key support line (the 21 EMA) for the third time this year, the market is awaiting a lift-off. We're not just talking about a slight increase; we're talking about multipliers that could change the game for those holding XRP. Right now, it trades at $2.87, consolidating below $3.00, but history and the technique suggest that this calm is the precursor to a possible bullish storm.
So, keep an eye on it. The hard data is there. Could it be that XRP has already finished its consolidation and is about to replicate one of its historical feats? 🧐 Let's wait patiently with our seatbelts on!$XRP
