- Egrag shifts his XRP forecast strategy to focus on the 2014-2018 “Cycle A” pattern.
- He suggested potential XRP price peaks for May and September 2025.
- XRP is trading at $0.552, reflecting a 2% drop over the past 24 hours.
Cryptocurrency analyst Egrag has updated his XRP forecasting strategy. He now utilizes the 2014-2018 consolidation and breakout phase, dubbed “Cycle A,” to predict XRP’s potential path in the current market cycle.
Egrag previously relied on the 2018-2024 consolidation pattern, or “Cycle B,” to forecast XRP’s market highs. However, his latest analysis suggests possible price peaks in May and September 2025.
Egrag’s analysis is based on identifying repeating cycles in market behavior. Cycle A and Cycle B refer to specific periods in XRP’s price history, marked by consolidation followed by breakouts.
During Cycle A, XRP experienced a prolonged period of poor price performance, forming a descending triangle pattern before reaching a new all-time high (ATH). The duration of Cycle A was approximately 1,492 days from the previous peak to the new ATH. Egrag believes that analyzing this pattern can help traders predict future price movements.
Cycle B, a more recent pattern, spanned roughly 1,186 days from peak to peak. Egrag initially used Cycle B to predict a market surge starting in July 2024, but he has now shifted his focus to Cycle A.
The updated analysis suggests XRP could reach a price peak around May 2025, mirroring the pattern observed in Cycle A. Egrag also offers an alternative prediction. By measuring the time from XRP’s inception to the peak of Cycle A (about 1,614 days), he proposes another potential peak around September 2025.
Currently, XRP is trading at $0.552, reflecting a 2% drop over the past 24 hours. The coin has experienced significant bearish volatility in recent months due to ongoing court cases and general market downturns.
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