Analyst Identifies Key Conditions For XRP’s Rise to $37

Technical analyst EGRAG has released a new outlook on XRP’s price trajectory, presenting bullish and bearish possibilities based on key market indicators. His analysis centers on the behaviour of XRP on the weekly chart, highlighting moving average crossovers as significant drivers of future trends. XRP is experiencing a minor decline, down 0.82% over the past week, while Bitcoin (BTC) has increased by 8.45%, pushing toward its record high. Despite XRP’s downturn, EGRAG believes that the long-term movement will depend on the interaction between two specific technical indicators, the 21-week exponential moving average (EMA) and the 33-week simple moving average (SMA). #XRP – The Secrets Are Revealed ($5.7, $9.5, $27 & $37): It all comes down to the relationship between the 21 EMA and the 33 SMA. When I’ll Sell a Big Portion of #XRP : If the 21 EMA experiences a bearish cross with the 33 SMA on the weekly chart, that’s my signal: the… pic.twitter.com/lUT0Gr42nC — EGRAG CRYPTO (@egragcrypto) May 19, 2025 Death Cross May Signal Market Top EGRAG has outlined a specific condition under which he intends to liquidate his XRP holdings. According to his analysis, a key bearish signal emerges when the 21-week EMA falls below the 33-week SMA, an event he refers to as a “death cross.” This pattern, he argues, typically marks the end of an upward trend and the beginning of a prolonged decline. Historical data support this view. In May 2018, when this bearish crossover occurred, XRP’s price dropped by 87%. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A similar event in November 2021 resulted in a 72% correction. Based on these patterns, EGRAG estimates that XRP could decline by approximately 79.5% if this crossover appears again, the average of the past two downturns. He also cautions that other market observers might remain optimistic during this period, but he sees the crossover as a critical warning of an impending shift toward bearish territory. Bullish Cross Suggests Upside Potential In contrast, EGRAG also examines the positive implications of a bullish crossover, when the 21 EMA rises above the 33 SMA. This crossover occurred most recently in September 2024 and, according to his analysis, may still be influencing XRP’s price trend. EGRAG highlights several past occurrences of this bullish crossover and the substantial price increases that followed. In 2017, XRP surged by 6,500% following the crossover in March. Later that year, another crossover led to a 1,600% gain between December 2017 and January 2018. In July 2020, a similar pattern preceded an 855% increase, bringing XRP to $1.96 by April 2021. Following the September 2024 bullish signal, XRP climbed over 520%, briefly exceeding $3 between November 2024 and January 2025. Based on historical trends, EGRAG projects potential price targets of $5.70, $9.50, and $37. However, he considers $27 to be the most realistic near-term peak. This figure reflects a 1,600% increase from XRP’s value during the September crossover. Post-Rally Correction Expected EGRAG further notes that past bullish crossovers were eventually followed by bearish ones, which triggered the significant price corrections he outlined earlier. In his view, if XRP reaches the $27 mark , the formation of a new death cross could initiate a decline of approximately 79.5%, consistent with the historical average. While the forecast includes a potential surge, it warns that such rallies may precede sharp corrections. 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 Identifies Key Conditions For XRP’s Rise to $37 appeared first on Times Tabloid .

Source: TimesTabloid