{"id":152359,"date":"2025-03-02T14:00:40","date_gmt":"2025-03-02T12:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152359"},"modified":"2025-03-02T13:11:37","modified_gmt":"2025-03-02T11:11:37","slug":"xrps-explosive-potential-analyst-breaks-down-upcoming-price-movements","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrps-explosive-potential-analyst-breaks-down-upcoming-price-movements\/","title":{"rendered":"XRP\u2019s Explosive Potential: Analyst Breaks Down Upcoming Price Movements"},"content":{"rendered":"

The altcoin has seen significant attention in recent weeks, though it is currently experiencing some price fluctuations after a turbulent trading week. Despite this volatility, XRP\u2019s<\/a> <\/strong>performance has sparked renewed optimism among investors, with some analysts forecasting substantial future gains.<\/p>\n

Egrag Crypto, a prominent analyst in the crypto space, is particularly optimistic<\/a> <\/strong>about XRP\u2019s future, both in the short and long term. Using the Elliott Wave Theory, which identifies patterns of market cycles, Egrag has outlined a potential trajectory for XRP. After experiencing a massive 510% surge in Q4 2024, XRP has completed Wave 1, and the analyst predicts that it is now entering the second phase of the cycle. This wave, known for its corrective nature, could see XRP\u2019s price dip to around $1.77 before it bounces back to between $3.7 and $3.9.<\/p>\n

In the coming months, XRP is expected to enter Wave 3, typically the most explosive and parabolic phase of the Elliott Wave Theory. According to Egrag, Wave 3 often leads to substantial price increases, and XRP could see a price surge of 800% to 1,000%, potentially reaching between $17 and $20. After this massive surge, XRP is projected to experience a correction during Wave 4, with the price possibly retracing to around $6 to $7, which would serve as a healthy market reset before the final stage of the cycle.<\/p>\n