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XRP Cycle Top Forecast—Analyst Pinpoints The Timeline
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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.
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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.
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.”
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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.
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