TimesTabloid
2025-09-25 01:00:18

XRP Repeats Technical Cycle, Analyst Sets Bullish Price Target

XRP has recently declined below the $3 threshold, now trading near $2.8 in line with the broader weakness across the cryptocurrency market. Despite this pullback, several analysts remain optimistic about its long-term trajectory. Among them, EGRAG Crypto has highlighted recurring historical price structures that could guide XRP’s next major movement. Based on past cycles, he projects two potential targets: $9.6 or $33, depending on how current conditions unfold. Historical Performance and Key Levels EGRAG’s assessment is based on the two-week chart, which tracks XRP’s performance from 2014 to date. His analysis focuses on the 21-period exponential moving average (EMA), which has repeatedly acted as a pivotal support level. #XRP – 2 Scenarios Based on Historical Price Action ($9.6 – $33): If you're not yet familiar with the most likely outcomes, it might be time to catch up! Here’s a closer look at two pivotal cycles in #XRP 's history. 21 EMA Historical Support Levels 2017 Cycle: #XRP … pic.twitter.com/oE1MAMhsXA — EGRAG CRYPTO (@egragcrypto) September 23, 2025 In the 2017 cycle, XRP tested the 21 EMA twice before launching into a rapid upward trend. That sequence culminated in a gain of approximately 1,610%, bringing the token to around $3.31 by January 2018. By contrast, the 2021 cycle unfolded differently due to the U.S. Securities and Exchange Commission’s lawsuit against Ripple . In December 2020, XRP briefly lost support at the 21 EMA, but once the price reclaimed and retested the level, it advanced by about 414%, reaching close to $1.96 in April 2021. Current Setup and Possible Long-Term Scenarios EGRAG points out that June 2025 marked another retest of the 21 EMA, when XRP fell to roughly $1.9. He argues that this event could be the start of a major upward move similar to those seen in previous cycles. From this point, two outcomes appear likely. If conditions mirror the 2017 pattern, XRP could record another 1,610% increase, driving prices toward $33 . Alternatively, if market behavior resembles the 2021 cycle, the token could rise by about 414%, leading to a price near $9.6. In either case, the assumption is that the rally would begin from the $1.9 level observed during the June retest. At present, XRP is trading around $2.95, still facing resistance at $3.31, which coincides with its 2017 peak. Volume data during these retests suggests that investor participation is strong, reinforcing the importance of these price zones for determining the next trend. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Short-Term Market Outlook While EGRAG emphasizes long-term potential, other analysts are monitoring near-term behavior. Market commentator DustyBC has described XRP’s four-hour chart as stagnant, suggesting that sideways trading may continue until the asset breaks above a defined buying zone. He recommends patience, noting that this strategy helps avoid premature entries. Conversely, Casi Trades holds a more bullish short-term view. She recently identified a double-bottom formation near $2.70 following a sharp drop that she attributes to excessive leverage rather than sustained selling. Since that decline, XRP has reclaimed the 0.5 Fibonacci retracement at $2.79, which is now serving as support. Casi anticipates a potential retest of $2.79, combined with a bullish divergence on the relative strength index. If confirmed, this could trigger a Wave 3 rally with projected targets at $4.00 and $4.40, aligning with the 2.618 and 3.618 Fibonacci extension levels. However, she cautions that a breakdown below $2.70 would undermine this setup and could redirect the price toward $2.58, the 0.618 Fibonacci retracement. XRP’s price action remains closely tied to historical patterns and key support levels. While long-term projections suggest potential targets of $9.6 or $33, short-term movement will depend on whether the token maintains critical support zones and overcomes near-term resistance. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Repeats Technical Cycle, Analyst Sets Bullish Price Target appeared first on Times Tabloid .

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