Analyst Sets Timeline For XRP Price to Hit All-Time High

Crypto analyst Egrag Crypto has presented an analysis suggesting that XRP could reach a new all-time high (ATH) within 90 to 120 days. Using historical data from previous bull runs, the analyst highlighted a recurring pattern in XRP’s relative strength index (RSI), indicating the possibility of another significant price surge.

Historical Patterns in XRP’s RSI

Egrag Crypto’s analysis focuses on XRP’s RSI movements during past market cycles. In a recent tweet, the analyst pointed out that XRP typically exhibits two peaks during major bull runs. This pattern was observed in both the 2017 and 2021 market cycles.

The tweet emphasizes that 2017 XRP’s second peak occurred 120 days after the initial surge, while in 2021, it took approximately 90 days. Based on this historical data, Egrag Crypto suggests that XRP could follow a similar timeline in the current cycle.

The attached chart illustrates XRP’s RSI fluctuations, marking significant peaks in previous cycles. The analysis indicates that XRP is positioned in a phase comparable to past pre-peak periods. If the pattern holds, the next major price movement could align with the projected 90 to 120-day window.

Price Targets and Market Sentiment

Egrag Crypto’s chart highlights potential price levels that XRP could reach in the coming months. The analyst has identified resistance levels around $66, $70, and $76 while also marking higher targets at $85, $88, and $89. If XRP follows the historical trend, these levels could come into play as the price moves toward a possible ATH.

The market sentiment surrounding XRP remains a key factor in determining whether this projection materializes. Historically, XRP’s price movements have been influenced by regulatory developments and overall market conditions. While past trends provide valuable insights, external factors could impact XRP’s trajectory.

Egrag Crypto’s tweet concludes with encouragement for the XRP community, urging holders to remain steady as the market progresses. The statement reinforces confidence in the asset’s potential, aligning with the analyst’s long-term bullish outlook.

The 90 to 120-day timeframe places the anticipated price action within the middle of 2025. If XRP follows its historical RSI pattern, investors could witness a significant movement in the coming months. However, as with all market predictions, the outcome remains subject to broader market dynamics and investor sentiment.

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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