XRP Eyes $17–$55 Surge as Historical Pattern Repeats, Says Analyst
The post XRP Eyes $17–$55 Surge as Historical Pattern Repeats, Says Analyst appeared on BitcoinEthereumNews.com. Altcoins A prominent crypto analyst, EGRAG CRYPTO, has shared a bold projection for XRP, pointing to a possible price target range of $17 to $55. In a recent post, the analyst highlighted that XRP is currently in “Candle number 5” of a recurring historical pattern, which could signal the start of a “MEGA Monthly Candle.” EGRAG notes that this pattern, seen previously on the XRP chart, has historically led to substantial upward moves. Based on the structure of the MACRO Channel — a long-term trend framework — the breakout could potentially push XRP to as high as $55. However, the analyst maintains a more conservative personal target of $27, with plans to scale out gradually as the price rises. Supporting the projection is the breakout above the MACRO Channel and alignment with the 21 EMA (Exponential Moving Average), which has acted as a key level in previous cycles. With XRP currently trading significantly below the proposed targets, this forecast has energized the #XRPFamily community, though it remains contingent on continued bullish momentum and broader market trends. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/xrp-eyes-17-55-surge-as-historical-pattern-repeats-says-analyst/
The post XRP Eyes $17–$55 Surge as Historical Pattern Repeats, Says Analyst appeared on BitcoinEthereumNews.com.
Altcoins A prominent crypto analyst, EGRAG CRYPTO, has shared a bold projection for XRP, pointing to a possible price target range of $17 to $55. In a recent post, the analyst highlighted that XRP is currently in “Candle number 5” of a recurring historical pattern, which could signal the start of a “MEGA Monthly Candle.” EGRAG notes that this pattern, seen previously on the XRP chart, has historically led to substantial upward moves. Based on the structure of the MACRO Channel — a long-term trend framework — the breakout could potentially push XRP to as high as $55. However, the analyst maintains a more conservative personal target of $27, with plans to scale out gradually as the price rises. Supporting the projection is the breakout above the MACRO Channel and alignment with the 21 EMA (Exponential Moving Average), which has acted as a key level in previous cycles. With XRP currently trading significantly below the proposed targets, this forecast has energized the #XRPFamily community, though it remains contingent on continued bullish momentum and broader market trends. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/xrp-eyes-17-55-surge-as-historical-pattern-repeats-says-analyst/
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