Crypto analyst Egrag Crypto has shared an optimistic forecast for XRP, suggesting that the digital asset could reach prices between $33 and $70. In a recent post on X, the analyst discussed key targets based on historical cycles and percentage-based calculations. He wrote, “I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top.” He further explained that by applying percentage formulas, he determined two primary targets: Stick 2 and Stick 3. #XRP – 3rd Stick Post ($33 – $70) I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top. By applying percentage formulas, I am… pic.twitter.com/EXok7CBTW1 — EGRAG CRYPTO (@egragcrypto) March 16, 2025 Technical Analysis and Market Trends Egrag Crypto emphasized that his predictions rely on mathematics, rationality, and logic rather than speculation. He broke down his analysis into several stages, including examining past cycles, focusing on the current cycle, and extrapolating percentage-based formulas. He also mentioned factoring in 50% and 80% discounts before finalizing his targets. While his analysis suggests significant upside potential for XRP, broader market conditions may influence the asset’s trajectory. The crypto market experienced volatility, as traders debated whether technical patterns or external financial pressures dictated current price movements. Market Conditions and Diverging Opinions Not everyone in the XRP community shares Egrag Crypto’s bullish sentiment. An X user, GoLD MiNDeR!, offered a contrasting view, arguing that XRP’s price movements are driven by market makers and large financial entities rather than technical factors. “Market Makers and Wall Street Whale traders are desperate to raise cash in case the stock market destabilizes further… they are dumping the market on low volume on Sundays and scooping up liquidity,” he commented. He expressed frustration with the current trading environment, saying he exited his XRP position at $2.38 after holding through fluctuations down to $1.90. According to him, the repeated pattern of price drops and rebounds is being orchestrated to trap traders. He advised that instead of being part of this cycle, investors should sell and wait for lower prices before re-entering. Uncertainty Surrounding XRP’s Price Action Egrag Crypto’s analysis points to a potential rally, but skepticism remains regarding whether XRP will reach such high targets . His forecast suggests that historical patterns support a move to $33–$70 , yet market sentiment remains divided. With differing opinions on whether technical analysis or broader financial conditions dictate XRP’s price, investors must carefully assess both perspectives before making decisions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Analyst Predicts XRP Massive Rally to $30 and $70 Price Range appeared first on Times Tabloid .
