In a recent post on X, crypto analyst EGRAG CRYPTO presented a bold prediction regarding XRP’s future price trajectory and its potential timeline for achieving significant gains.
However, he urged his followers to approach the forecast with caution, noting that while the price projection might be enticing, the timeline may feel like a “nightmare scenario” for some.
His analysis compares historical cycles of XRP’s price performance, suggesting that by 2030, XRP could reach as high as $33, a 100-fold increase from a prior cycle breakout.
Analysis of XRP’s Cycles: 2013-2018 and 2023-2030
EGRAG CRYPTO’s analysis is built on an in-depth examination of two XRP price cycles: one from 2013 to 2018 and another project from 2023 to 2030. In comparing these two cycles, he identifies both the duration of the full cycle and the specific sub-cycle “pump” periods, which represent shorter phases of significant price appreciation within each cycle.
Cycle 1 (2013-2018): The first cycle lasted 1,583 days, from its start to its end in 2018. During this cycle, a notable price rally phase, highlighted in blue and green circles, lasted 395 days.
Cycle 2 (2023-2030): EGRAG CRYPTO’s analysis projects that the second cycle will last 4,748 days, ending in December 2030. Based on his observations, the sub-cycle pump in this second cycle is expected to last 1,217 days—approximately three times longer than that of the first cycle.
Extrapolation and Implications
EGRAG CRYPTO’s calculations suggest that the overall duration of Cycle 2, which he projects to span 4,748 days, can be derived by applying a multiplier of three to the duration of Cycle 1.
This multiplier stems from the observation that Cycle 2’s sub-cycle pump period (1,217 days) is about three times longer than Cycle 1’s sub-cycle pump (395 days). By extending this factor across the entirety of the cycle, he arrives at a speculative end date of December 2030 for Cycle 2.
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Price Target of $33: A 100X Increase
EGRAG CRYPTO’s analysis highlights his assertion that XRP’s price could potentially experience a 100-fold increase, similar to what occurred during the first cycle. He references Cycle 1’s breakout point of $0.0093, which rose by 100 times to reach $0.93 by July 2023.
Applying this 100X factor to the current cycle, he projects a potential peak price target of $33 by the end of Cycle 2 in 2030.
EGRAG CRYPTO emphasizes that this price projection is not arbitrary. Instead, he bases it on historical price movements, suggesting that the same multiplier effect that characterized Cycle 1 could similarly apply in the current cycle.
However, he acknowledges that this target is highly speculative and is influenced by multiple variables, including market dynamics, investor sentiment, and broader economic conditions.
XRP Community Reaction and Perspective
While the XRP community, or “XRP Army,” may find encouragement in the prospect of a $33 target, EGRAG CRYPTO’s tweet also addresses the patience required for such gains. A price surge of this magnitude may take nearly a decade, leading some to feel that the time frame represents a “nightmare scenario” due to its extended duration.
Nevertheless, EGRAG CRYPTO emphasizes that market timing is inherently unpredictable, advising his audience to maintain a balanced outlook and view his analysis as “food for thought” rather than a definitive forecast.
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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