Analyst Says XRP Could Hit $9 or $24 This Cycle If This Bullish History Repeats

XRP is once again in the spotlight as key technical signals suggest the possibility of a major breakout. According to Ripple Van Winkle, citing analysis from EGRAG Crypto, the latest bullish crossover between the 21-week Exponential Moving Average (EMA) and the 55-week Simple Moving Average (SMA) could drive XRP to $9 or even $24, if history is any guide. Historical Patterns Show Explosive Potential Looking at past market cycles, the EMA/SMA crossover has proven to be a reliable signal for XRP’s most significant rallies. In March 2017, a bullish crossover between the 21 EMA and 55 SMA marked the beginning of a monumental surge, with XRP climbing approximately 40,000% to reach its all-time high of $3.84. A similar event unfolded in August 2020. While the gains were more modest, XRP still rallied by roughly 750%, signaling the end of that particular cycle. In October 2024, XRP once again witnessed this golden crossover. Since then, the price has already appreciated by around 560%, sparking speculation that a larger move could be underway. #XRP – Insights on 21 EMA and 55 SMA #Bulli Cross ( $9 or $24): Let’s examine what has happened in the past with the 21 EMA and 55 SMA on the weekly timeframe. In March 2017, we witnessed a #bullish crossover, leading to an astonishing 40,000% pump until the cycle top! … pic.twitter.com/Yi5NNFumlS — EGRAG CRYPTO (@egragcrypto) July 26, 2025 Price Projections: $9 or $24? Based on previous cycles, two main scenarios emerge. If the current pattern repeats just 10% of the 2017 rally, XRP could see a 4,000% gain, pushing its price toward $24 . Alternatively, if the market replicates double the strength of the 2020 cycle, a 1,500% increase could place XRP around the $9 level. EGRAG Crypto emphasizes that the 2020 cycle was one of the weaker ones in terms of overall momentum. If the ongoing cycle proves stronger, especially with the growing institutional focus on XRP’s underlying technology, the higher end of this forecast may not be far-fetched. Technical and Fundamental Forces Align The technical setup isn’t the only factor fueling optimism. Ripple’s continued expansion into global finance, especially in the realms of cross-border payments and stablecoins, is reinforcing XRP’s long-term value proposition. The introduction of RLUSD, Ripple’s U.S. dollar-backed stablecoin, is expected to enhance liquidity on the XRP Ledger (XRPL) and solidify XRP’s role in settlement and remittance use cases. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Further bolstering confidence is the recent mention of XRP by the Federal Reserve Bank of Atlanta in a Web3 report, which describes it as a potential medium for wholesale settlement. This kind of institutional validation strengthens the argument that XRP’s real-world utility is finally being recognized on a broader scale. XRP Approaches Critical Moment XRP currently trades above $1.70, facing strong resistance near the $3 level. If bulls can reclaim and hold this level, analysts expect the asset could enter price discovery mode. The confluence of bullish technicals and improving fundamentals sets the stage for what could be one of XRP’s most significant rallies to date. While markets remain unpredictable, the past suggests that when XRP’s 21 EMA crosses above the 55 SMA, explosive growth tends to follow. If history repeats, XRP may be well on its way to achieving $9 or even $24 this cycle. 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 Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Could Hit $9 or $24 This Cycle If This Bullish History Repeats appeared first on Times Tabloid .

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