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2025-04-13 07:21:56

XRP Targeting $19 or $45? Analyst Shares Bullish Historical Patterns

Egrag Crypro, a prominent crypto analyst, has shared a detailed chart analysis suggesting that XRP could reach $19 or $45.83 based on historical patterns. Using a combination of historical chart data and exponential and simple moving averages, Egrag outlined a case for a dramatic move upward in the coming months. In the post, Egrag emphasized that his forecast was not speculative improvisation but rather an interpretation of technical structures. He stated, “Men lie, women lie, but charts don’t,” emphasizing his reliance on historical price action and recurring technical behavior to justify the projected targets. He added that while the patterns are not guaranteed to repeat exactly, the probabilities become meaningful when the same behaviors and timelines appear more than once in market history. #XRP – Targeting $19 or $45? Charts Men lie, women lie, but charts don’t! I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire! Human… pic.twitter.com/YasA4k98fd — EGRAG CRYPTO (@egragcrypto) April 11, 2025 Patterns From 2017 and 2021 Inform Current Outlook The analysis focused on the behavior of the 21-period exponential moving average (EMA) and the 33-period moving average (MA), plotted on a two-week timeframe. Egrag highlighted the significance of a repeated 777-day bottoming structure observed both in the 2017 and 2021 cycles, each followed by substantial upward movements. He labeled this reoccurring duration as a key factor in predicting market timing for potential blow-off tops. In 2017, XRP surged by approximately 2,722% following a bottoming phase and a bullish technical crossover, reaching $3.25. In 2021, the price saw a 1,052% gain, hitting $1.81 after similar technical conditions were met. Egrag pointed out that both events were preceded by bearish crosses on the moving averages and were followed by recoveries that led to massive upside movements. He argues that XRP is now completing a comparable pattern. According to the chart, the most recent bullish crossover has occurred. If XRP follows a similar trajectory as in 2017, it could rise by another 2,722%, placing the target price around $45.84. If the 2021 pattern repeats, a 1,052% gain would lead to a price near $19.07. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Key Technical Zones and Investor Behavior Egrag’s chart indicates that XRP is trading just below $2.00, with previous support and resistance levels around $0.91 and $1.89. These levels have served as inflection points in prior cycles, reinforcing their relevance in the current analysis. He also addressed market psychology, quoting a line from the financial thriller Margin Call to illustrate the reactive nature of markets: “You cannot control it, stop it, or slow it, or even slightly alter it… you have to just react.” Egrag emphasized that while technical indicators can guide investors, the emotional behavior of participants ultimately drives market cycles. Final Take and Strategy Reminder Although Egrag has consistently maintained a personal target of $27 for XRP , he encouraged followers to manage their expectations and liquidity through a dollar-sell-average strategy. He reminded his audience that while historical patterns can inform strategies, no outcome is guaranteed. “Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire,” he noted. Egrag closed his post with a message to the XRP community: “#XRPFamily STAY STEADY & STRONG! Together, we rise.” His current projection places the hypothetical blow-off top to occur around late September 2025, aligning with the repeated 770-day interval seen in prior cycles. 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 X , Facebook , Telegram , and Google News The post XRP Targeting $19 or $45? Analyst Shares Bullish Historical Patterns appeared first on Times Tabloid .

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