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 According to Egrag Crypto’s chart, XRP’s price history is organized into three major cycles, each defined by a period of accumulation followed by a parabolic surge. These cycles are demarcated on the chart: Cycle 1 (2017), Cycle 2 (2021), and the ongoing Cycle 3 (2025). Each cycle began after XRP decisively crossed above the 21-month exponential moving average (EMA), a long-term technical indicator that helps identify macro trend shifts. #XRP – The Chasm: Touching it , $11 and Surpassing it $37: This is the ‘The Chasm Chart’ https://t.co/40pb8cxpQq pic.twitter.com/vpd66zzAea — EGRAG CRYPTO (@egragcrypto) July 19, 2025 What sets this chart apart is Egrag’s concept of “The Chasm”, a key resistance trendline that XRP has historically touched or tested before its most explosive rallies. In each of the two prior cycles, XRP surged significantly after interacting with this level. Cycle 1 saw XRP rise from under $0.01 in early 2017 to $3.31 by January 2018. Cycle 2 began around $0.14 in early 2020 and peaked at $1.96 in April 2021. Now, with XRP trading around $3.53 as of report time, Egrag argues that history may be preparing to repeat itself. Target Zones: From Chasm to Price Discovery The Chasm level now sits in the $11 to $13 range, an area Egrag believes XRP is poised to test next. Based on previous fractals and cycle symmetry, touching this level could mark the final stage of consolidation before a breakout. If XRP successfully clears this resistance, Egrag projects a potential price surge toward $37 , echoing the parabolic extensions seen in prior cycles. These projections are rooted in logarithmic growth trends and macro wave theory, rather than speculative guesswork. The reappearance of the 21 EMA support, a reliable signal in both previous cycles, adds credibility to Egrag’s call. The convergence of technical indicators signals a powerful upward move. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Broader Catalysts Supporting XRP’s Outlook XRP’s strong fundamentals also reinforce this bullish scenario. The token recently surpassed its previous all-time high of $3.40 , officially entering price discovery. This signals the beginning of exponential gains. This comes on the heels of the Imminent resolution of Ripple’s legal battle against the U.S. SEC. Ripple’s ecosystem has grown substantially, with key developments such as the launch of its RLUSD stablecoin, increased adoption of its cross-border payment systems, and expanding relationships with central banks and financial institutions. These macroeconomic drivers continue to build real-world utility and institutional confidence in the XRP Ledger. Egrag Crypto’s Chasm Chart provides a clear, data-driven roadmap for XRP’s current market position. As Cycle 3 unfolds, the chart suggests XRP is nearing a critical breakout point, just as it did in previous cycles. A touch of the Chasm around $11 could pave the way for a rally to $37, representing a dramatic shift from the consolidation phase of the past two years. While no forecast is without risk, the technical and fundamental alignment around XRP today is stronger than ever, and for long-term holders, the next move may be historic. 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 Egrag Crypto Predicts $37 XRP After Spotting This Indicator appeared first on Times Tabloid .
