XRP Red or White Cycle for $27? Analyst Charts What’s Next

In a recent update shared on social media, prominent crypto analyst Egrag Crypto presented a detailed technical analysis of XRP’s historical and current market structure. Using a unique method based on the interaction between the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (SMA), Egrag outlined what he describes as the beginning of XRP’s third major market cycle. The chart attached in the tweet reflects XRP’s multi-year price activity and identifies specific patterns across Cycle 1, Cycle 2, and the currently unfolding Cycle 3. The analysis centers around what Egrag terms the “Red or White Circle” moment—a critical technical inflection point. Historically, the red circle is triggered when the 21 EMA crosses below the 33 SMA on the weekly chart. According to the analyst, this event has consistently preceded flash crashes followed by sharp but short-lived rebounds, ultimately confirming the onset of a deeper bear market. In contrast, Egrag identifies the white circle as a historically rare but bullish signal. In the only past instance where the 21 EMA avoided crossing below the 33 SMA, XRP experienced a surge of approximately 1,200%. This divergence from the usual bearish cross led to what Egrag considers the real start of a strong bull run. The current market is at a similar crossroads, with the weekly chart showing the moving averages converging again. #XRP Red or White Circle: What’s Next ( $6.7, $13, $27): Beat The Matrix : Yummm… not many TA’s are using this technique , so the X will be flooded with it – without giving me credit! It is okay with me Creativity knows no limits, and I want as many of you as… https://t.co/PTQ59tcvGX pic.twitter.com/ePTOkpxGPp — EGRAG CRYPTO (@egragcrypto) June 12, 2025 Cycle 3 Formation and Technical Setup The purple circles in Egrag’s analysis represent the beginning of each official bull cycle, while the numbered arrows denote key phases within those cycles. The chart’s historical context aligns Cycle 1 with XRP’s 2017 bull run , Cycle 2 with the 2020–2021 rally, and the present movement as Cycle 3, which appears to be developing under different conditions. According to the analyst, a definitive cross, either red or white, will soon determine the direction of the current market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The chart suggests that XRP may already be in the early stages of Cycle 3, following a structure that mirrors previous cycles. The position of the 21 EMA and 33 SMA on the chart is once again converging, and the resolution of this convergence could signal either a continuation of the bullish structure or the confirmation of a longer bear phase. Potential Price Projections Based on Past Behavior Looking forward, Egrag proposes three possible price targets for XRP based on varying magnitudes of bullish performance. If XRP replicates the previous 1,200% rally, the price could reach approximately $27 . A 600% increase from current levels would bring the asset to around $13 , while a more conservative 300% increase would result in a $6.70 valuation. These projections are based on XRP’s current price of approximately $2.24, as noted in the post. These targets are presented as hypothetical scenarios rooted in historical data and the potential impact of the white circle pattern reappearing. Egrag emphasizes that these projections are meant for guidance rather than certainty, acknowledging the unpredictable nature of crypto markets. A Cautious but Motivational Message to Traders Despite the technical focus, Egrag includes a cautionary note to traders. He emphasizes that while a major price move could generate substantial excitement and encourage narratives around long-term utility-driven appreciation, historical market behavior suggests that such sharp moves are rarely sustained without retracement. He advises patience for long-term holders who are financially secure and issues a warning to traders not to expect uninterrupted upward movement. 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 advised to conduct thorough 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 XRP Red or White Cycle for $27? Analyst Charts What’s Next appeared first on Times Tabloid .

Source: TimesTabloid