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XRP Analyst Predicts 90-120 Day Rally After 3% March Decline

Coin WorldTuesday, Apr 1, 2025 1:44 pm ET
2min read

A well-known cryptocurrency analyst, EGRAG Crypto, has outlined a potential timeline for XRP to reclaim its previous all-time high. Despite the ongoing bearish trend, the analyst believes historical market patterns suggest a significant price recovery within the next few months.

According to EGRAG, XRP typically experiences two major price surges within a single bull market. The first peak is often followed by a period of correction before the asset rallies again to a higher level. Drawing from past market cycles, he argues that the current downturn is consistent with the token’s historical behavior and that a second peak could still emerge.

Currently, the asset is trading just above the $2 mark, facing strong resistance after its drop from $3.4 in January. This decline mirrors similar corrections seen in previous bull cycles before the cryptocurrency surged to new highs. EGRAG suggests that the present market conditions align with past patterns, reinforcing the possibility of another rally.

Ask Aime: What is the potential timeline for XRP to reclaim its previous all-time high?

To determine when XRP might reach a second peak, EGRAG examined the asset’s Relative Strength Index (RSI) on the monthly chart. The RSI measures price momentum and often signals trend reversals. In past bull runs, the token’s RSI followed a distinct pattern: an initial spike during the first peak, followed by a period of decline before another surge aligned with the second peak. This pattern was evident in both the 2017 and 2021 market cycles.

In 2017, XRP’s RSI climbed to 95 when the price hit $0.3988 in June. Following a correction, the RSI dropped to 66 by September, remaining in this range for about three months before the price surged to $3.8 in January 2018—roughly 91 days later. In 2021, XRP first peaked at $0.79 in November 2020, with its RSI reaching 65. However, a market downturn in December, compounded by the SEC lawsuit against Ripple, caused the RSI to drop to 47.24. Despite this setback, the token eventually climbed to $1.96 in April 2021, about 120 days after its initial peak.

EGRAG’s latest analysis indicates that XRP’s RSI has once again dropped to the 66 range, similar to what occurred in 2017. When it reached $3.4 in January 2025, the RSI spiked to 84 before declining. Based on historical trends, the analyst anticipates that XRP could remain in a consolidation phase for 90 to 120 days before rallying again. This suggests that a second peak may occur between May and June 2025. Although the analyst did not specify a target price for this anticipated peak in his latest analysis, he previously speculated that XRP could eventually reach $27. This projection was based on a separate market pattern he referred to as the “Kangaroo phase.”

At present, the token is priced at approximately $2.07, reflecting a 3% decline for March. Market analysts, including Dom, have noted that the $2.2 price level, which previously acted as a support zone, has now become a resistance point. Until XRP reclaims this level as support, the overall market structure remains bearish. While uncertainty persists in the short term, historical data suggest that XRP’s past performance could provide valuable insights into its future trajectory. If the pattern identified by EGRAG holds, the asset could be on track for another surge within the coming months.

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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