Renowned market analyst EGRAG Crypto has identified technical signals suggesting that XRP could rise significantly in the near term. Drawing from historical patterns, EGRAG now projects a potential surge to $17.5, citing similarities between XRP’s current price behavior and its movements during previous bullish cycles. His latest technical analysis places particular focus on XRP’s interaction with the 21-week Exponential Moving Average (EMA), a key indicator often used by traders to evaluate trend strength and momentum shifts. The Role of the 21-Week EMA in Past XRP Rallies According to EGRAG, XRP’s price trajectory during the 2020–2021 market cycle shows parallels with current market conditions. In early 2020, the token dropped below the 21-week EMA, eventually bottoming out at approximately $0.1140 in March of that year. For 19 consecutive weeks, the EMA acted as a major resistance level. #XRP – Why $17.5 Is a Simple Yet Powerful Target! : Looking back at the 2021 cycle, many underestimated #XRP ’s massive Pumps but the numbers tell a different story. By examining the percentage moves from various pumps in relation to the Exponential Moving Average (EMA),… pic.twitter.com/19F9gR30sZ — EGRAG CRYPTO (@egragcrypto) June 25, 2025 That resistance was finally broken in July 2020, leading to a strong rally that saw XRP climb to $0.79 by November. This represented an increase of over 590% from the cycle low. However, the asset faced resistance again at that peak and entered a multi-week consolidation phase. During the consolidation, XRP maintained close interaction with the 21-week EMA , which had shifted from resistance to support. This stability at the EMA set the stage for another surge in early 2021, when the asset climbed from a February low of $0.3684 to a high of $1.96 by April. This move marked an increase of roughly 432%. EGRAG emphasized that many observers had underestimated XRP’s strength during that cycle. However, the data demonstrated otherwise. Current Market Structure Mirrors Previous Cycle In his recent analysis, EGRAG notes that XRP is again showing behavior similar to what was observed in the 2020–2021 period. The token broke above the 21-week EMA in November 2024, following a market-wide uptrend driven by broader macro events. From a base of $0.50, XRP surged to $3.40, reflecting a gain of 580%. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A corrective phase followed in February 2025, placing XRP in a consolidation zone where it has frequently tested the 21-week EMA as support, mirroring the pattern seen in late 2020. EGRAG now anticipates that this consolidation will precede a new rally, similar to the second wave observed in 2021. He predicts that XRP could rise as high as $17.5 during this next leg, which would represent an increase of nearly 695% from its valuation of $2.20 (at the time of prediction). This projection is based on analyzing previous rallies about the asset’s behavior around the 21-week EMA. Market Sentiment and Timing Considerations At the time of reporting, XRP is trading at approximately $2.13, showing a weekly gain of 5.42% after recovering from recent price volatility. When asked to provide a specific timeframe for the anticipated surge, EGRAG cautioned against attempts to precisely predict timing. Instead, he stressed the importance of understanding broader market trends and technical signals. EGRAG Crypto’s analysis presents a technically grounded case for a possible XRP rally to $17.5, based on well-established patterns and historical market behavior. While price movements in crypto markets remain highly unpredictable, the consistency between past and present structures adds weight to the possibility of significant upward momentum for XRP in the coming months. 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 Is Set for 700% Price Rally. Here’s why appeared first on Times Tabloid .
