Analyst Egrag Crypto has updated his forecast for XRP, suggesting that the digital asset could experience a significant price peak by May 2025. On Wednesday, Egrag shared his revised projections in an X post, indicating that the historical patterns from Cycle âAâ now guide his latest analysis.
Revised Peak Projections
Initially, Egrag predicted a rally beginning in July 2024 based on Cycle B, which spanned around 1,186 days from peak to peak. However, he has since adjusted his outlook, turning to Cycle A, which he believes more accurately reflects XRPâs current market movements. According to the analyst, Cycle âAâ took approximately 1,492 days from one peak to the next all-time high (ATH), suggesting that XRPâs next peak could occur in May 2025.
Cycle A Alignment
There is also an alternative scenario in which the peak could occur in September 2025, extending the timeline to 1,614 days if measured from XRPâs inception to the peak of Cycle A. These forecasts have generated significant interest within the XRP community, particularly among those preparing for potential volatility as the asset approaches these key dates.
Despite his optimistic outlook, Egrag has urged caution, warning the XRP community that the road ahead could be challenging. He has suggested that external factors may create uncertainty, but he remains confident in XRPâs long-term potential. Egrag views the asset as a âgenerational tradeâ and has expressed his commitment to holding XRP regardless of short-term fluctuations, reinforcing his belief in its eventual success.
XRPâs Consolidation Signals Breakout Amid High Volatility
Anticipated Major Breakout
Another well-known crypto analyst, Amonyx, has predicted an even more significant breakout for XRP. Based on recent technical analysis, Amonyx anticipates a significant rally once the digital asset breaks out of its current consolidation range. Amonyxâs analysis suggests that the price could surge dramatically, possibly reaching new highs beyond $50.Â
Amonyxâs analysis highlights a long-term triangular pattern and predicts that XRP could experience a rapid and substantial rise in value. The analyst has urged the community to prepare for what he describes as an immense breakout, reinforcing the growing speculation around XRPâs future performance. As of press time, XRP is trading at $0.5525, showing a 3.23% decline over the last 24 hours.
As these projections gain attention, both analysts expect XRP to undergo significant growth, with 2025 potentially marking a major turning point. Investors and the broader cryptocurrency community are now closely monitoring XRP, eager to see if these bold forecasts come to fruition.