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XRP Price Prediction: Analyst EGRAG Suggests Potential Surge Toward $6 Range
EGRAG Crypto applies the 10% Theory to XRP, projecting a potential surge toward $5.50–$6, mirroring historical growth patterns.
The analyst disputes claims of diminishing returns, asserting XRP’s past 1,700% rally signals continued potential despite regulatory challenges.
Historical drawdowns show a consistent 10% recovery improvement per cycle, suggesting future XRP bottoms may stabilize above the $1 range.
Crypto analyst EGRAG Crypto has outlined a detailed projection for XRP, suggesting that the token could potentially rise toward the $5.50–$6.00 range based on historical performance patterns and technical indicators.
The 10% Theory and XRP’s Potential Upside
EGRAG Crypto introduced what he termed the 10% Theory, drawing comparisons between XRP’s 2017–2018 cycle and the ongoing one. Using the Gaussian Channel on the two-week timeframe, he measured major price surges from the previous bull market and applied 10% of that move to the current phase.
According to his analysis, XRP gained around 3,700% during its 2017 rally. In the present cycle, the token has achieved roughly 370% growth. By extending this logic to the final leg of the cycle, he anticipates an additional move of about 2,440%, which would project XRP’s price toward the $5.50–$6.00 range.
EGRAG further noted that even a reduced rally compared to 2017 would still represent a considerable increase, emphasizing that the cryptocurrency’s market structure and investor sentiment remain resilient despite broader market fluctuations.
Addressing the “Diminishing Returns” Argument
In his recent post on X (formerly Twitter), EGRAG responded to analysts who argue that XRP’s returns are diminishing with each cycle. Some claim the 2021 cycle yielded around 1,200% growth, suggesting a potential top at $3.65 for the current market phase.
EGRAG disagreed with that view, pointing out that XRP recorded around 1,700% growth in the previous cycle despite regulatory challenges and the ongoing SEC lawsuit. He believes the token continues to perform well within the context of the broader crypto landscape.
The analyst emphasized that the cryptocurrency market has evolved rapidly, entering an era of technological acceleration that could sustain higher growth rates. His projection maintains that repeating the 1,700% rise would position XRP above $5, reinforcing his earlier bullish outlook.
The Diminishing Downside and Market Resilience
EGRAG also examined XRP’s historical drawdowns, noting a consistent reduction in losses across cycles. The first cycle recorded a 96% decline, followed by an 86% drop in the second, marking a 10% improvement in downside recovery.
If this trend continues, he estimates that the next bearish phase could result in a 76% correction. Based on his calculations, a peak around $5–$6 would correspond to a potential future bottom near $1.20–$1.40.
EGRAG concluded by stating that even if $3.65 proves to be the top of this cycle, a retracement toward $0.87 would still represent a strong long-term position. He added that investors who accumulated XRP below $0.50 remain early in the current market trajectory.
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