- XRP’s bounce from the 21-week EMA suggests a potential parabolic price breakout
- Market confidence in XRP rises as open interest holds near $6 billion level
- Historical patterns project XRP could surge to $11–$30 in the current cycle
XRP is once again capturing attention as its price momentum accelerates, buoyed by increasing market interest and bullish technical signals. As of press time, XRP trades at $2.59 after a 6.02% daily gain and a 16.64% rise over the past week. The altcoin’s market capitalization now stands at over $152 billion, placing it firmly in the spotlight.
Historical Cycles Hint at a Fast, Parabolic Climb
Over the years, XRP has shown a tendency to repeat high-momentum rallies after interacting with its 21-week exponential moving average (EMA). EGRAG CRYPTO’s analysis of the 2-week timeframe reveals that XRP’s biggest historical moves have followed a bounce off this key level.
In past cycles, the token posted gains of +1,400% and +455%, with an average return of roughly 924%. If similar behavior follows, XRP could reach levels between $11 and $30, with a mid-range estimate of $20.
These projections, while speculative, are rooted in recurring price behavior. Each time XRP regained the 21 EMA support, it rapidly entered a parabolic uptrend. The analyst also emphasized the psychological side of trading, introducing what he calls the “Dumb and Smart” Indicator.
When traders feel overly confident or “super smart,” it often signals a local top. Conversely, when sentiment hits a low and traders feel “super dumb,” the best buying opportunities tend to emerge.
#XRP – Are You Prepared? 🔥
— EGRAG CRYPTO (@egragcrypto) July 10, 2025
Trust me, when the hype kicks in, it’ll feel like we’ll never go down. But remember to use the "Dumb and Smart" Indicator! :
"When you feel SUPER SMART, it’s usually time to sell, When you feel SUPER DUMB, that’s often the signal to buy."
Back to… pic.twitter.com/6swgYT40b0
In another analysis, EGRAG CRYPTO recently forecasted a rally toward the $2.70 to $2.80 range, followed by a brief pullback. From there, the door may open for even higher moves.
He also highlighted his earlier prediction of a 33% pump, which played out ahead of schedule. Few analysts go beyond describing what already happened EGRAG attempts to predict the next wave before it begins.
#XRP – Before and After ( and Soon the Throwback):
— EGRAG CRYPTO (@egragcrypto) July 11, 2025
Some TA analysts just describe what’s happening, like reporters giving you news. Others ONLY FEW predict the future and tell you what’s coming next, be careful who you follow. ⚠️
🕰️ BEFORE — I predicted about 33% pump. Read… pic.twitter.com/LPudtlygqO
Open Interest Reflects Rising Market Confidence
The surge in XRP futures open interest from under $2 billion in early November to a peak of $7.48 billion underscores growing trader enthusiasm. Although the current level of $5.99 billion reflects a slight decline from the peak, it remains significantly elevated. This sustained interest indicates that institutional players and retail speculators are actively positioning for further upside.