A cryptocurrency analyst known as Egrag Crypto has presented some impressive targets for XRP. According to his charts, the token could rise to $45, a 2,700% increase from its current price. A more modest scenario would still take it to $19, an increase of just over 1,000%. He points to past cycles where similar movements occurred in approximately 770 days. However, not everyone agrees with his optimistic outlook.🚨
Based on reports, Egrag Crypto highlights that the XRP rallies in 2017 and 2021 followed almost identical paths. The token hit $3.25 in 2017 after a 2,770% increase. In 2021, it rose 1,052% to around $1.80. Each rally was marked by a bearish crossover on the EMA 21 and MA 33, followed by sideways trading for about 777 days after the 2018 peak and 770 days after the 2021 peak. He believes that the same setup began in late 2024 when XRP rose nearly six times from its previous low.👀🚨
According to the analysis, a repetition of past movements could take XRP to as high as $45. A less aggressive run would still see it reach $19. Egrag Crypto even points to an intermediate target of around $27 as a likely milestone. These numbers assume a straight path upward, but markets rarely move in straight lines. Big jumps often end with sharp pullbacks. Traders looking for 2,700% gains may face long waiting periods and sharp declines.#TrumpMediaBitcoinTreasury #BinanceAlphaAlert
Other voices warn against getting swept up in the hype. Market watcher Koroush says now is the time to short-sell. He points to a possible drop to $1.30. Others favor a short position, pointing to weakened demand and wavering momentum.
Egrag Crypto recommends a simple Dollar-Cost Averaging plan for traders. Buy small amounts at regular intervals. This way, no large purchase leaves you exposed. He also suggests selling in parts. Lock in gains at key levels instead of betting everything at the top. This type of step-by-step strategy can reduce losses and smooth out wild fluctuations.
The debate about the next phase of XRP is far from over. Historical charts show one side of the story. On-chain trends, legal battles, and macroeconomic factors tell another. If the charts really don’t lie, as Egrag Crypto jokes, XRP may be gearing up for a fireworks show. $XRP
