Ah, EGRAG CRYPTO. The digital asset analyst with the foresight of an oracle (and perhaps a crystal ball or two). This time, he’s making waves with a *bold* prediction for Ripple-linked cryptocurrency XRP. Apparently, the price could be ready to soar, and we’re not talking about a gentle climb; more like a rocket taking off after a strong cup of coffee.
According to this update (probably delivered via carrier pigeon or futuristic tech), investors are staring at technical indicators and trends that make XRP’s 2017 rally look like a rehearsal for what’s to come. We’re talking drama. We’re talking spectacle. We’re talking numbers that might make your grandma gasp.
Deja Vu: XRP and the 2017 Cycle
EGRAG CRYPTO, in his latest post on X (formerly known as Twitter, because why not rename everything?), shared a chart that looks eerily familiar. It seems that XRP is re-enacting its 2017 cycle like a digital cryptocurrency remake of a classic film. At that time, the price skyrocketed, and everyone was left blinking and wondering if they’d missed the memo.
#XRP – $27 Then $120 💰:
Oh yes, I’m convinced this is 2017 all over again. The timing, however, might be delayed… or could be happening tomorrow. Who knows? The crypto market is nothing if not dramatic.
We’re at the end of Wave 3 (get your surfboards ready) this summer, with double digits approaching. Then, Wave 4 will take its sweet time over the next three years. After that, let’s see how high we can go—maybe $120? It’s like watching a slow-motion race car crash, but in a good way.
— EGRAG CRYPTO (@egragcrypto) April 24, 2025
If EGRAG is right, XRP could climb to $27 soon (but don’t hold your breath; it’s crypto, after all). And after that, Wave 4 will slowly unfold over a few years. Everyone loves a slow-burn, right? But the real showstopper might come later when XRP possibly hits $120. Yes, you read that correctly. Maybe we’ll all be driving Lambo’s by then, or perhaps just dreaming of them.
In a second post, EGRAG laid down the law with some serious price levels. XRP better not dip below the 21-day Exponential Moving Average. Because if it does, well, that’s a no-no. The magic numbers are $2.10 and $1.95. If XRP closes below either of those, the digital heavens might just start weeping.
#XRP – Blue Channel: 🔵
🚫 No closing below the 21 EMA! 🚫 Not below $2.10! 🚫 Definitely not below $1.95! XRPFamily, hold on to your hats. Together we rise, or at least, we hope so!
— EGRAG CRYPTO (@egragcrypto) April 24, 2025
Meanwhile, TradingView shows XRP doing a little dance around the $2 mark. But don’t get too comfortable—it’s facing resistance at $2.7265. That’s right. Resistance. Because nothing in crypto ever comes easy.
And let’s not forget the chorus of crypto experts making grand predictions. John Deaton, lawyer extraordinaire, recently opined that XRP might flip Ethereum by the end of the year. Ethereum, the one and only. And no, Deaton’s not just daydreaming. He’s been in the trenches, representing XRP holders during the Ripple versus SEC drama. Apparently, with that battle won, XRP’s future is looking pretty darn bright.
XRP Price Catalysts: The Plot Thickens
Crypto analyst Ali Martinez, who’s probably living in a parallel universe where all coins are bullish, has shared an update on XRP’s price action. According to Martinez, XRP has been forming an inverse head-and-shoulders pattern on the one-hour chart since March 29. For those of you who aren’t into technical chart jargon, this is generally a good sign. In fact, it’s often a bullish sign. Buckle up.
$XRP seems to be setting up for a bullish breakout, possibly heading toward $2.70. Can you feel the excitement? I can almost hear the market roar.
— Ali (@ali_charts) April 23, 2025
If XRP can break through the neckline resistance at $2.40, it could surge toward $2.70. Yes, it’s always about that next little hurdle, isn’t it? Currently, XRP is trading at $2.15, but that’s a 5.14% drop in the last 24 hours. Don’t worry though, all hope is not lost. The investment scene is still positive, in case you were wondering.
CoinShares reports that XRP-related investment products hauled in a whopping $37.7 million last week. Year-to-date, that total stands at $214 million, just trailing Ethereum by a teeny tiny margin. Meanwhile, Ethereum saw a $26.7 million outflow, and Bitcoin isn’t doing so hot either with a $6 million loss. Looks like XRP is coming for the crown, folks.
As XRP continues to make waves in a sea where Bitcoin and Ethereum seem to be floating on slow-moving rafts, all eyes are on this little coin that could. Will it succeed? Only time—and probably a few more bold predictions—will tell.
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2025-04-24 19:26