In a recent analysis shared via social media, well-known crypto analyst Egrag Crypto presented a detailed technical breakdown of XRP’s historical market behavior and its potential implications for the current cycle. The post , accompanied by a comprehensive chart, revisits XRP’s price movements during previous bull runs and draws comparisons to its current market setup, suggesting that a substantial price increase may be on the horizon—possibly in the range of 1,000% to 2,700%. #XRPFamily – Listen To Me ( #XRP Pump 1000 % or 2,700% is coming): 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 — EGRAG CRYPTO (@egragcrypto) April 7, 2025 Historical Patterns: 2017 and 2021 as Key Reference Points Egrag begins his commentary by acknowledging the current market downturn, referring to it as “blood on the streets,” and referencing the well-known investment phrase, “You buy the blood, even if it’s your own.” Despite the recent drop in XRP’s price, Egrag remains confident in a strong upside potential, citing historical data and technical patterns to support his outlook. The post identifies two previous market cycles as key references: 2017 and 2021. In both instances, XRP experienced sharp retracements from local highs—73% in 2017 and 78% in 2021—followed by a retest of the 200-day moving average (200 MA). Each cycle also saw multiple daily closes below the 200 MA, with the largest pullbacks from that average being 25% and 42%, respectively. Importantly, Egrag points out that XRP underwent massive rallies following those corrections. The asset surged by approximately 2,700% in 2017, while in 2021, it gained around 1,000%. His chart illustrates these movements, emphasizing the consistency of this pattern: a steep decline, a test of the 200 MA, temporary closes below it, and a rebound. Bullish Conditions Remain Intact Based on Moving Averages Egrag highlights a key technical condition that, in his view, signals that XRP is still in a bull market. The broader bullish structure remains intact as long as the 50-day moving average (50 MA) does not cross below the 200 MA—a so-called “bearish cross”. His annotated chart shows previous bearish crosses after major rallies, implying that such a cross typically marks the end of a cycle, not the beginning. As of now, this crossover has not occurred, suggesting the market may still be poised for further upside. The chart also includes a question mark indicating uncertainty about the next move but positions it within the context of potential continuation to the upside. Egrag reminds his followers that he previously predicted a $3 XRP price when it was still trading below $0.30, stating that his projections have been accurate before. He reaffirms that the current dip is a buying opportunity and reiterates that a significant price increase is forthcoming. 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 to XRP Holders: Listen To Me, XRP Pump 1000% or 2,700% Is Coming appeared first on Times Tabloid .
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