Egrag Crypto Analyst Projects $30 XRP Price Based On These Historical Cycles
2025-07-11 21:03:02
Main Idea
Egrag Crypto Analyst projects XRP could reach $30 based on historical price cycles and technical indicators, including the 21-period EMA and behavioral sentiment analysis.
Key Points
1. The analyst highlights XRP's historical cycles: Cycle 1 (2017-2018) saw a 1,400% increase, and Cycle 2 (peaked April 2021) saw a 455% increase, averaging 924% growth.
2. Three price targets for Cycle 3 are projected: $11 (conservative), $20.88 (average), and $30 (high-end), assuming historical patterns repeat.
3. The 21-period EMA is a key support level, with past cycles showing rapid price surges after bouncing off this line.
4. A 'Dumb and Smart' sentiment indicator is used to gauge market psychology, suggesting buying opportunities when traders feel overly confident.
5. The analyst predicts Cycle 3 could peak shortly after September 29, 2025, if XRP maintains support above the 21 EMA.
Description
Crypto analyst Egrag Crypto has presented a new technical analysis regarding XRP’s long-term price trajectory. In a post shared on July 10, 2025, the analyst emphasized XRP’s recurring cyclical patterns on the two-week chart, supported by historical data and the behavior of the 21-period Exponential Moving Average (EMA). According to the analysis, XRP tends to undergo significant rallies shortly after confirming support above the 21 EMA, a pattern that has been repeated during previous bullish c...
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