XRP Poised for 1000% Surge as XAU Declines

XRP, the native cryptocurrency of the Ripple network, has been grappling with price volatility in recent weeks, with its value fluctuating between $3 and $2.60. This price movement has led to a corresponding decline in XRP's market capitalization, which has dropped from $175 billion to $149 billion. However, a prominent market analyst, EGRAG, has identified a compelling historical pattern that suggests XRP may be poised for a significant rally.

EGRAG's analysis focuses on the relationship between XRP and the Philadelphia Gold and Silver Index (XAU), a benchmark that tracks the stocks of 30 prominent precious metal mining firms. The analyst noted that when the XAU index declines in dollar value, XRP's strength relative to the index increases, ultimately influencing XRP's price trajectory against the U.S. dollar.

Recently, XRP's valuation against XAU rebounded from a key equilibrium phase after experiencing a sharp decline earlier this month. This drop saw XRP plummet to $1.70, sparking widespread debate among traders. However, a subsequent recovery enabled XRP to bounce back above this critical level, coinciding with a test of the 7-month moving average, which provided strong support and triggered a rebound. Currently, XRP's value against XAU is positioned above both the equilibrium threshold and the 7-month MA, reinforcing its potential for further upside.

EGRAG's examination of past price cycles has uncovered a striking similarity between XRP's recent performance and its movements in 2017. Between November 2024 and January 2025, the XRP/XAU pair registered three consecutive bullish monthly candles similar to those between March and May 2017. In 2017, after three bullish months, a red candle followed before XRP embarked on an extraordinary rally against XAU. With a similar red candle forming in the current cycle, EGRAG believes history could be repeating itself, suggesting that XRP may be on the verge of a major breakout.

This pattern resulted in a 1,000% surge in the XRP/XAU pair during the 2017 cycle. If a similar 1,000% increase unfolds while the XAU index remains at $167.39, the XRP/XAU pair