XRP Price News: Top Analyst Predicts Massive Rally For XRP Toward $9–$24

The post XRP Price News: Top Analyst Predicts Massive Rally For XRP Toward $9–$24 appeared first on Coinpedia Fintech News

XRP has bounced back from the $3 support level and is now trading around $3.20. However, popular crypto trader EGRAG Crypto has spotted a rare chart pattern that doesn’t appear often, but when it does, it usually leads to huge price jumps. In the past, this signal has led to gains of at least 40,000%. 

Now, EGRAG believes that if history repeats, XRP could be on its way to a price between $9 and $24.

After last week’s pullback, XRP dropped to around the $3.00 mark, a price level that acted like a safety net. But it didn’t stay there for long. The token bounced back and is now slowly climbing, trading close to $3.20, giving early signs that buyers are stepping in again.

Looking back, XRP saw its first major crossover in March 2017, followed by an eye-watering 40,000% rally before the cycle peak. The next crossover came in August 2020, pushing XRP up nearly 750% at the time.

Now, EGRAG highlights that in October 2024, the 21 EMA has again crossed above the 55 SMA, and since then, XRP has already pumped 560%. While this surge may seem big, history suggests it might just be the beginning.

#XRP – Insights on 21 EMA and 55 SMA #Bulli Cross ( $9 or $24):

Let’s examine what has happened in the past with the 21 EMA and 55 SMA on the weekly timeframe.

In March 2017, we witnessed a #bullish crossover, leading to an astonishing 40,000% pump until the cycle top!