Egrag Crypto Predicts $37 XRP After Spotting This Indicator
2025-07-20 19:29:31
Main Idea
Analyst Egrag Crypto predicts XRP could reach $37 in the current bull cycle based on historical price cycles and technical indicators, with key resistance at $11-$13.
Key Points
1. Egrag Crypto's 'Chasm Chart' identifies XRP's cyclical growth, with past cycles showing significant price surges after crossing the 21-month EMA.
2. XRP's current cycle (2025) mirrors previous patterns, with the 'Chasm' resistance level now at $11-$13, potentially leading to a breakout toward $37.
3. Historical data shows Cycle 1 (2017) saw XRP rise from under $0.01 to $3.31, and Cycle 2 (2020-2021) from $0.14 to $1.96.
4. XRP's fundamentals, including Ripple's ecosystem growth and the launch of RLUSD, support the bullish outlook.
5. The 21-month EMA convergence and technical indicators suggest XRP is nearing a critical breakout point, similar to past cycles.
Description
Renowned market analyst Egrag Crypto has reignited bullish sentiment within the XRP community with the release of a compelling new chart, aptly titled “The Chasm Chart.” In this technical breakdown, Egrag highlights a historical pattern tied to XRP’s macro market cycles, revealing that the digital asset is potentially on the cusp of an explosive rally that could first touch $11 before reaching, and even surpassing, $37 in the current bull cycle. The Chasm Chart: Mapping XRP’s Cyclical Growth Acc...
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