200 MA Retest Could Spark 1,000% to 2,700% XRP Explosion, Analyst Says

As fear and uncertainty ripple through the crypto market following a sharp correction, veteran analyst EGRAG Crypto is urging the XRP community to look beyond the short-term chaos. In a passionate and data-backed post shared on X, EGRAG asserts that what appears to be a devastating collapse may be the final shakeout before a monumental rally — one that could mirror the staggering 1,000% and even 2,700% surges of previous XRP market cycles.

Referencing historical precedents and moving average behavior, EGRAG paints a compelling picture. His thesis rests on a repeating technical pattern involving XRP’s interaction with the 200-day moving average (MA). According to his analysis, this current correction closely mirrors conditions from the 2017 and 2021 cycles — both of which saw major drawdowns, consolidation around the 200 MA, and then massive bullish explosions.

Historical Patterns Support a Bullish Outlook

In 2017, XRP fell by 73% from its local high to the cycle low, breaching and closing below the 200 MA multiple times. The deepest post-touch drop reached about 25%. Despite this, XRP rallied an astonishing 2,700% after confirming its bottom.

In 2021, a similar pattern played out. The token plunged 78% from its local high, retested the 200 MA, and experienced multiple closes beneath it — including a sharp 42% decline. Yet again, XRP eventually exploded upward, posting a 1,000% rally that few anticipated during the chaos.

EGRAG highlights that these patterns are not random but instead rooted in the cyclical nature of the market and XRP’s technical DNA. Crucially, he notes that in both previous cycles, XRP had not entered a bear market until the 50-day MA crossed below the 200 MA — a classic bearish crossover that has not occurred in the current setup.

Blood in the Streets, Opportunity in the Charts

EGRAG’s message comes with a dose of reality. He acknowledges the deep fear that currently grips the XRP community, stating that “today, and especially now, you cannot understand WTF I am talking about.” However, he leans on the old market adage: “You buy the blood, even if it’s your own.” For him, the market is not collapsing — it’s cleansing.

The fact that XRP is once again retesting its 200 MA, he argues, is a bullish signal masked as a bearish event. Historically, this kind of retest has preceded the most explosive moves in XRP’s history. The current price action may simply be the final capitulation needed to launch the next bull leg.

Still in a Bull Market?

As long as XRP holds above the critical levels and the 50 MA stays elevated above the 200 MA, EGRAG believes the bull run remains intact. If XRP manages to reclaim and get rejected at the 200 MA, without triggering a bearish crossover, it could set the stage for a dramatic rally.

For EGRAG, the upcoming move isn’t just a possibility — it’s a promise. He reminds followers that he predicted XRP at $3 when it traded below $0.30. That prediction came true. Now, he’s forecasting a potential pump that could dwarf that previous move, suggesting targets as high as 2,700% above current levels. For long-term believers, this could represent the last major opportunity to buy before XRP takes off.

Looking Ahead

While market sentiment is fragile, EGRAG’s analysis offers a grounded and historically supported counter-narrative to the doom and gloom. XRP has a pattern of violently shaking out weak hands before embarking on major rallies, and the current environment may be no different. If history repeats itself — and the chart patterns suggest it could — the XRP family might soon witness one of the most significant moves in the asset’s history.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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