Analyst Projects XRP Price If Bitcoin Hit $150K, Following XRP/BTC Bullish MA Cross

Crypto market analyst Egrag Crypto has released a new technical analysis on the XRP/BTC pair, focusing on the interaction between the 55-week Exponential Moving Average (EMA) and the 155-week Moving Average (MA). In his post , Egrag emphasized the importance of a recent bullish cross between these two indicators, suggesting that the chart structure may be pointing toward a strong upward move in the value of XRP against Bitcoin. #XRP / #BTC : 55 EMA & 155 MA ($22-$29) but first $1.4: 55 EMA * 155 MA Has anyone talked about the combination of the 55 EMA and 155 MA on the #XRP / #BTC pair? I doubt it! I know what you are thinking: After yesterday’s Bloody day , and you’re still talking about double… pic.twitter.com/8OYR19epo8 — EGRAG CRYPTO (@egragcrypto) April 8, 2025 According to Egrag, the last time a bullish cross between the 55 EMA and 155 MA occurred was on May 15, 2017. Following that event, XRP/BTC surged by approximately 958%. This crossover has now reappeared, occurring again on February 17, 2025. In Egrag’s view, this is a potentially pivotal moment. He believes the chart mimics historical behavior, where a failed retest of the 55 EMA previously led to a rapid upward movement. Technical Analysis: Retests, Projections, and Moving Average Dynamics In the chart, Egrag marked four distinct bottom formations within the XRP/BTC cycle, with each low followed by an eventual recovery. He argues that the bullish cross from February 2025 is a signal that should not be overlooked. From a technical perspective, the analyst notes that if XRP/BTC were to retest the 55 EMA today, the pair would target approximately 0.00001850. Based on that ratio and assuming Bitcoin is priced at $80,000, XRP would reach around $1.48. Further extrapolating from the historical price action, Egrag points out that if XRP/BTC were to repeat the 958% increase after the 2017 bullish cross, the pair would reach approximately 0.000171. Assuming Bitcoin trades at a retracement level around $97,000, this would equate to an XRP price of about $16.5. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP Valuations Based on Bitcoin Price Scenarios The analysis also includes potential XRP valuations under various Bitcoin price scenarios. If Bitcoin reaches a new all-time high of $130,000, Egrag estimates XRP could climb to $22. If Bitcoin ascends to $150,000 or $170,000, XRP could rise to $25 or $29 , respectively, based on the same XRP/BTC ratio target of 0.000171. Egrag stresses that the key technical structure is supported as long as the XRP/BTC pair maintains its position above the 55 EMA. He asserts that the bullish cross is a structurally significant development for long-term holders and market observers tracking the XRP/BTC dynamics. While the forecasted price levels rely on certain assumptions regarding Bitcoin’s price movements and historical analogues, Egrag maintains a confident stance. He closes his post with a strong message of support for the XRP community , encouraging them to remain steady and focused. 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. Follow us on X , Facebook , Telegram , and Google News The post Analyst Projects XRP Price If Bitcoin Hit $150K, Following XRP/BTC Bullish MA Cross appeared first on Times Tabloid .

Source: TimesTabloid