Crypto analyst Egrag Crypto has provided a bullish outlook for the XRP price, predicting that it could reach double digits in this market cycle. The analyst also revealed that the cycle peak for XRP in this bull run could occur around July 21. Egrag Crypto predicted that the XRP price will reach double digits by July 21, marking the cycle peak for the altcoin. He explained that if the 110-day offset still holds, the cycle peak could extend to November 9, 2025. The analyst also mentioned that it took some time for the 21 weekly EMA to catch up with the price action, but once it did, XRP took 147 days to complete the last leg of the cycle.
The prediction of a double-digit price for XRP by July 21 came following a question about the altcoin’s price around that time. Egrag Crypto simply answered “double digits,” indicating a potential rally to $10 or above. The analyst had previously predicted that Ripple’s price could rally to $27 in 60 days, which aligns with XRP reaching double digits by July. In a short-term XRP price analysis, Egrag Crypto stated that a close above $2.24 is the first sign of strength, with further closes above $2.30, $2.47, and $2.70 being stronger signals for a potential breakout and a new all-time high (ATH) in the $5 range.
Crypto analyst CasiTrades raised the possibility of XRP witnessing a Wave 3 impulsive move soon, noting that the altcoin is showing strength after reclaiming the 0.786 retracement at $2.05. She previously predicted XRP dropping to as low as $1.90 before rallying to new highs. CasiTrades stated that the next major test for XRP is $2.24, where local subwaves and the macro structure align. She mentioned that XRP is now seeing smaller subwaves aligning with the larger Elliot Wave count, indicating the potential for a macro Wave 3 up. The analyst warned that failure at $2.24 could stall the XRP price, but a new low seems unlikely, with next resistance levels at $2.70, $3.05, and the current ATH of $3.80.
CasiTrades also highlighted that XRP is officially inside the Fibonacci Time Zone 3, which was set months ago. She mentioned that this period is when the market should shift from consolidation to acceleration, indicating that now is the time for XRP to launch into its macro breakout. Factors such as Coinbase’s move to launch XRP futures could spark this breakout. Overall, both Egrag Crypto and CasiTrades are bullish on XRP’s price potential, with predictions of double digits and a Wave 3 impulsive move in the near future. Investors and traders should keep an eye on key price levels and indicators to navigate the volatility in the XRP market successfully.