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Ripple News: When Will the XRP Price Hit the New Ath? Here’s the Timeline

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By on September 5, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ripple News: When Will the XRP Price Hit the New Ath? Here’s the Timeline appeared first on Coinpedia Fintech News

Ripple (XRP), the sixth-largest cryptocurrency by market capitalization, is trying hard to reach the $1 mark again amidst legal hurdles in the unpredictable crypto market. Despite these obstacles, crypto expert EGRAG CRYPTO suggests a possible surge for XRP, outlining price targets of $6.40 to $27 by September 2025.

Revisiting the Cycles: What’s Changed?

#XRP: 2025 May – Sell and Go Away?

For those who’ve been following me, you’ll remember I predicted a pump starting in July 2024, based on the duration of Cycle ‘B’—spanning roughly 1,186 days from peak to peak.

But guess what? Cycle ‘B’ no longer applies. So, we’re… pic.twitter.com/EmK1ZhHkMv

— EGRAG CRYPTO (@egragcrypto) September 4, 2024

Market analyst EGRAG CRYPTO has revised his XRP price prediction, shifting focus from Cycle ‘B’ to Cycle ‘A.’ Initially, EGRAG anticipated a surge starting in July 2024 based on Cycle ‘B,’ spanning approximately 1,186 days. However, recent analysis suggests that Cycle ‘B’ is no longer applicable, prompting a pivot to Cycle ‘A.’

EGRAG’s updated analysis draws from historical patterns observed in XRP’s performance. His previous report highlighted Cycle ‘A,’ which spanned about 1,492 days from peak to peak, leading to a new all-time high (ATH).

This cycle began in 2013 and culminated in early 2017 with a significant rally. EGRAG had predicted that XRP could experience a similar consolidation phase before a major upward movement, suggesting a potential ATH around May 2025.

New Perspective and Extended Timeline

In his latest update, EGRAG introduces a new perspective, extending the timeline to September 2025. This revised approach measures the cycle from XRP’s inception rather than just from peak to peak. The extended duration of 1,614 days suggests that the current cycle might take longer to climax than the previous one. EGRAG anticipates that XRP could reach a market top around September 2025.

XRP Price Targets 

EGRAG’s updated forecast includes a primary price target of $6.40 for September 2025, based on the Fibonacci 1.618 level. He also notes the possibility of XRP extending beyond this target, reaching levels like $10, $13, $17, and even a blow-off top at $27. Despite skepticism from some, EGRAG maintains that the $27 target remains a possibility.

Major XRP Breakout on the Horizon?

The breakout will be immense #XRP

Are you mentally prepared? pic.twitter.com/jNdYeccChN

— Amonyx (@amonbuy) September 4, 2024

Another Crypto analyst Amonyx is forecasting a dramatic breakout for XRP, predicting that once the digital asset exits its current consolidation phase, it could skyrocket to new heights—potentially surpassing $50. Amonyx’s analysis points to a long-term triangular pattern indicating a massive surge. With XRP currently trading at $0.5525, down 3.23% in the last 24 hours, the community is buzzing with excitement about this anticipated rally. 

As 2025 approaches, both Amonyx and other experts suggest that XRP could see significant growth, making it a focal point for investors and crypto enthusiasts. Stay tuned as analysts continue to refine their predictions and watch for XRP’s next moves!

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