XRP Predicted to Surpass $3.84 by June 2025, Says EGRAG Crypto

Prominent market analyst EGRAG Crypto has projected that XRP, the cryptocurrency associated with Ripple Labs, could surpass its all-time high of $3.84 by June 2025. This prediction is based on historical data and trends observed in the Relative Strength Index (RSI). According to EGRAG Crypto, XRP has a pattern of experiencing two significant price peaks during bullish cycles. This pattern was evident in both the 2017 and 2021 bull runs, where XRP saw a first peak followed by a consolidation phase before reaching its all-time high.

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. It rebounded to $1.97 in April 2021, four months after its peak. EGRAG Crypto's analysis suggests that the current RSI movements are aligning with these past cycles, indicating a potential second peak for XRP.

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, with the RSI typically dropping after the first peak but rebounding strongly ahead of the second. EGRAG Crypto's bullish claim comes at a critical juncture in XRP’s journey, as the cryptocurrency has shown strong recovery in recent trading sessions.

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. 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’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.