- XRP’s recent drop may signal a larger bullish trend, similar to past cycles.
- Historical patterns suggest XRP could surge by 1,000%-2,700% in the coming months.
- Key levels like $2 could trigger FOMO, leading to potential XRP price rallies.
In the face of a sharp market downturn, renowned crypto analyst EGRAG CRYPTO believes XRP could be gearing up for an explosive rally. Despite XRP’s recent 15% drop in just 24 hours, pushing its price down to $1.77, he insists this correction is part of a larger bullish pattern.
Drawing parallels from historical market cycles, EGRAG argues that XRP may be entering a setup similar to the 2017 and 2021 rallies both of which preceded massive gains. If history repeats, a staggering price surge between 1,000% and 2,700% may be on the horizon.
Historical Cycles Hint at a Rebound
Looking back, XRP experienced significant drops during major market cycles before surging to new highs. In 2017, the token dropped by 73%, briefly traded below the 200-day moving average (MA), and then skyrocketed by 2,700%.
Similarly, in 2021, a 78% correction led to a 1,000% surge shortly after. According to EGRAG, the retest of the 200 MA has historically signaled the final shakeout before a bull run resumes.
Besides, he notes that XRP has not yet shown a death cross—where the 50 MA dips below the 200 MA. This technical indicator typically confirms long-term bearish sentiment. However, the absence of this signal suggests XRP may still be within a bullish trend. Consequently, any rebound to the 200 MA could validate this theory.
#XRPFamily – Listen To Me (#XRP Pump 1000 % or 2,700% is coming):
— EGRAG CRYPTO (@egragcrypto) April 7, 2025
🔴I know today and specially now you cannot understand WTF, I am talking about due to the recent crash or shall we call it Blood on the streets. 😱💔
But remember:
"You buy the blood, even if it’s your own."… pic.twitter.com/yxyg3qwnCc
Future Projections and Key Price Levels
EGRAG emphasizes the importance of maintaining XRP above the $2 level, which he calls the foundation for the next rally phase. He argues that once this level is reclaimed and held, the Fear of Missing Out (FOMO) phase could trigger.
Additionally, he outlines three Fibonacci targets, each pointing to a higher level of bullish potential. These targets include $7.50, $13.70, and $27.30.
#XRP – The Kangaroo Will Jump! 🦘 (3 Fibs)
— EGRAG CRYPTO (@egragcrypto) April 6, 2025
As long as we stay above $2, we’re on the safest foundation! 💪. Many moons 🌑 ago, I mentioned that $2 would mark the FOMO STAGE and ignition phase. 🔥
The shape and formation of the March 2025 candle is strikingly similar to October… pic.twitter.com/c4k9z2464f
Moreover, the current candle structure for March 2025, he says, closely mirrors that of October 2017. Back then, XRP consolidated before erupting into parabolic growth in the following months. If this pattern repeats, the market could see double-digit prices much sooner than expected.
