$XRP XRP Targets $12–$46 Based on Past Cycles In Cycle 1, t
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Updated at: 7 hours ago
{"content":"$XRP XRP Targets $12–$46 Based on Past Cycles
In Cycle 1, the price dropped below the 21-month EMA and plunged by 5,500%, retraced back to the EMA, and then dropped again by 2,500%. Cycle 2 followed a similar pattern, though less dramatic, with an initial 150% decline, a recovery to the EMA, and a further 500% drop.In the current cycle, the token has again fallen below the 21 EMA and has seen a 430% rise. The market is now watching for a retracement to the 21 EMA. If the token holds above the $2 level, the EMA could descend to meet the price, forming a critical convergence. According to historical behavior, this phase is typically followed by another significant drop or price movement, completing the cycle. Based on past performance, Egrag outlines two possible outcomes. If XRP repeats Cycle 1’s structure, the price could reach $46. If it mirrors Cycle 2, the target would be closer to $12. Averaging the two scenarios suggests a potential 1,500% gain, which aligns with a price around $30. Egrag’s personal estimate is set at $27, based on the midpoint of these historical ranges.
Beyond the charts, Egrag also highlights the strength of his growing community. He shares multiple in-depth charts with subscribers to encourage learning and keep discussions focused on constructive analysis. His approach aims to empower investors through education, helping them navigate the often chaotic sentiment within the crypto space.
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As XRP approaches a potential inflection point, historical data suggests that a major move may be on the horizon. With eyes on the 21 EMA and the current retracement phase, many in the XRP community are preparing for what could be the next significant chapter in the asset’s market journey.","images":[],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}