XRP Cycle Top Forecast—Analyst Pinpoints The Timeline

Source Newsbtc

A prominent analyst in the cryptocurrency community once again gave his insight on the price trajectory of XRP this year, noting that the altcoin is ripe for a massive uptick in its price in the next few months.

Egrag Crypto provided an analysis of a potential price uptrend for XRP if it follows the previous fractal, offering two possible dates when it will top the cycle.

Optimistic On XRP

Despite XRP continuing to struggle to move away from its current bearish state, well-known crypto analyst Egrag remains optimistic about XRP reaching the top in the ongoing cycle.

In an X post, Egrag Crypto explained the possible trajectory of the crypto’s price within the year, noting that if the coin follows the historical pattern from 2021 to 2024, a considerable price rally might be around the corner.

It can be recalled that Egrag was the same market commentator who predicted the massive price uptrend from July 2024. Now, the analyst is once again making a forecast of possible price increase on XRP which could last a staggering 1,186 days.

Two Possible Months

Egrag Crypto said that his analysis showed two potential months wherein XRP reached the top of the cycle, presenting two cycles in his chart: Cycle A and Cycle B.

“You’ll remember I predicted a pump starting in July 2024, based on the duration of Cycle ‘B’—spanning roughly 1,186 days from peak to peak. But guess what? Cycle ‘B’ no longer applies. So, we’re pivoting to Cycle ‘A’ as our new historical anchor for this thesis,” the crypto analyst revealed.

As he pivoted to Cycle A, Egrag offered two possible months for XRP to peak, both of which are within 2025.

According to him, the first possible month is May 2025, saying, “If Cycle ‘A’ repeats, we could see the top in May 2025. Cycle ‘A’ took about 1,492 days from peak to a new ATH.”

However, Egrag provided an alternative month following another measurement of its peak. “But there’s another angle—if we measure from #XRP’s inception to Cycle ‘A’s peak, we’re looking at a potential top around September 2025, which would be about 1,614 days.”

Room For Growth

Crypto investors might be going through a lot of uncertainty with the current state of the digital asset sector but Egrag’s analysis provided some bright spots in XRP, showing that the crypto still has some room for growth, with the predicted uptrend in the upcoming months.

“It’s a choice to be in the next 1%, or end up like the top 1% who got wrecked. My choice is simple – I’m sticking with this generational trade, adding to my bag with every opportunity,” Egrag noted.

As of press time, XRP is being traded at $2.17 per coin with a market cap of more than $124 billion.

Featured image from Gemini Imagen, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Will Japanese Authorities Intervene as Japanese Government Bond Yields Soar to a 2006 High?TradingKey - Japan's spring wage negotiations (Shunto) and inflation rate continue to bolster the prospects of the Bank of Japan raising interest rates. Following the 10-year Japanese government bond
Author  TradingKey
6 hours ago
TradingKey - Japan's spring wage negotiations (Shunto) and inflation rate continue to bolster the prospects of the Bank of Japan raising interest rates. Following the 10-year Japanese government bond
placeholder
Silver Price Forecast: XAG/USD jumps to near $33 on US slowdown fears, US CPI eyedSilver price (XAG/USD) climbs to near $33.00 in European trading hours on Wednesday, the highest level seen in more than two weeks.
Author  FXStreet
6 hours ago
Silver price (XAG/USD) climbs to near $33.00 in European trading hours on Wednesday, the highest level seen in more than two weeks.
placeholder
BoC expected to trim interest rate again amid US trade warAll eyes are on the Bank of Canada (BoC) this Wednesday, with market consensus expecting another rate cut—the seventh in a row.
Author  FXStreet
7 hours ago
All eyes are on the Bank of Canada (BoC) this Wednesday, with market consensus expecting another rate cut—the seventh in a row.
placeholder
Pound Sterling holds onto gains against US Dollar ahead of US inflation dataThe Pound Sterling (GBP) stays firm near the four-month high of 1.2965 against the US Dollar (USD) in Wednesday’s European session.
Author  FXStreet
8 hours ago
The Pound Sterling (GBP) stays firm near the four-month high of 1.2965 against the US Dollar (USD) in Wednesday’s European session.
placeholder
XRP Price Eyes Upside Break—Can Bulls Push Through Resistance?XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200
Author  NewsBTC
9 hours ago
XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200
goTop
quote