XRP Price Prediction: XRP to Surpass its $3.84 Peak by June 2025? Crypto Analyst Says Yes!
0
0

In his latest XRP price prediction, Prominent market analyst EGRAG Crypto has projected a timeline for XRP to reclaim and potentially go beyond its all-time high of $3.84 achieved in January 2018. Basing his XRP price analysis on historical data and Relative Strength Index (RSI) trends, the analyst suggests that XRP could see a second price peak during the ongoing bull run. He has postulated that XRP will achieve this feat between May and June 2025.
Historical Patterns Suggest Two XRP Price Peaks
EGRAG Crypto’s XRP price analysis highlights a recurring pattern in its bull runs. In the past, the XRP token has tended to see two significant price peaks during bullish cycles. “I was one of the first to notice that XRP usually has two peaks during bull runs,” the analyst stated, referring to the similar patterns observed in 2017 and 2021.
In 2017, XRP’s first peak occurred in June, at $0.3988, with the RSI hitting 95. After a consolidation phase, the RSI dropped to 66 before the asset surged to its all-time high of $3.84 three months later in January 2018. Similarly, during the 2021 bull run, XRP peaked at $0.79 in November 2020. However, it soon retraced due to the SEC lawsuit against Ripple Labs. However, it rebounded to $1.97 in April 2021, four months after its peak.
Current RSI Trend Aligning with Past Cycles
In EGRAG’s latest XRP update, the current RSI movements are very similar to those seen in previous bull runs. After reaching its high of $3.4 in January 2024, the RSI spiked to 84 before coming down to 66. The analyst predicts that XRP’s RSI will be restricted for another 3 to 4 months before recovering and driving the currency to a new peak. “This pattern is consistent across various cycles,” EGRAG noted. “The RSI typically drops after the first peak but rebounds strongly ahead of the second”. With this bullish claim coming at a critical juncture in XRP’s journey, let’s take a quick look at the latest Ripple price action and an XRP price prediction for today.
XRP Price Analysis of Last 24 Hours: XRP Recovers Strongly
XRP commenced trading at the price of $2.14, facing stern resistance. The XRP price soon dropped after, thanks to a death cross. Consequently, it found a lower resistance at $2.11 with support at $2.07. XRP attempted to breach the resistance twice, but failure resulted in a downward trend that led XRP to abandon the support and find respite at $2.026. At 10:25, the golden cross on the MACD instigated a confident uptrend for XRP, as it rose all the way to $2.13, facing a short correction phase on its way. However, strong resistance from $2.14 continued as XRP stabilized around its peak.
Chart 1: analyzed by raodevansh18, published on TradingView, April 1, 2025
With a death cross, the price soon came down to $2.08. However, later upward attempts resulted in XRP facing rejection at a lower resistance of $2.12. XRP fluctuated on a slow downtrend and found support at $2.066 at 1:05 UTC on April 1. With buying pressure mounting, XRP climbed its way to the resistance, testing it from a new support at $2.089. At 7:50 UTC, a significant golden cross formed on the MACD as XRP got its big breakout, spiking all the way up to $2.18. As of the latest XRP update, it has continued to consolidate around that price.
XRP Price Prediction: Can XRP Hold On To Its Gains?
XRP’s performance in the past months has sparked skepticism in investors. But the last few days have been extremely positive for the coin. Today, XRP reports significant growth. For now, XRP seems to be consolidating around $2.18. The RSI is heavily overbought, meaning that the price may fall soon. However, a death cross has already formed, and XRP has been able to prevent any sudden action. Given this, if XRP is able to garner buying pressure, it can move further up. Failure to do so will result in a support of around $2.12.
The post XRP Price Prediction: XRP to Surpass its $3.84 Peak by June 2025? Crypto Analyst Says Yes! appeared first on Coinfomania.
0
0
Securely connect the portfolio you’re using to start.