Saturday, August 2, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch

18 June 2024
in Analysis
Reading Time: 3 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


A crypto analyst has revealed a timeframe for XRP, the native token of the XRP Ledger (XRPL) to witness a considerable 102,590% rally. If this worth surge happens, XRP’s present modest worth might skyrocket to a formidable $500 throughout this bullish cycle, albeit underneath sure circumstances. 

Analyst Foresees XRP Surging By 102,590%

In an X (previously Twitter) put up, on June 10, a crypto analyst recognized as ‘Egrag Crypto,’ shared an in depth worth chart depicting when XRP will surge to new all-time highs this bullish cycle. The analyst projected an astonishing worth enhance for XRP, revealing that the cryptocurrency might witness a 102,590% surge to a worth peak of $500.

Associated Studying

In his worth chart, Egrag Crypto revealed that XRP might see a gradual worth enhance to $500. He pinpointed a number of worth targets utilizing completely different development traces, highlighting a possible worth surge to $6, $20, 60, $180 after which a $500 high. 

The analyst additionally disclosed a slight catch in his bold worth forecast. From his evaluation, he unveiled two main timelines for XRP to succeed in his predicted worth goal, emphasizing the potential of the cryptocurrency following two distinct cycles – the Blue Cycle and the Inexperienced Cycle. 

Egrag Crypto indicated that if XRP follows the Blue Cycle, then it might doubtlessly witness a worth enhance to its cycle high by July 2024. The Blue Cycle represents the 39-month interval (1,186 days) throughout which XRP climbed to a cycle high of $1.96 in April 2021, following its all-time excessive of $3.84 in January 2018. 

In distinction, if XRP follows the Inexperienced Cycle, its worth might doubtlessly witness a breakout to the $500 cycle peak by Could 2025. On this occasion, the Inexperienced Cycle refers back to the 49 months (1,492 days) between the December 2013 peak of $0.0614 and the XRP’s January 2018 all-time excessive. 

Egrag Crypto has primarily based his predictions on the patterns generated from XRP’s worth actions throughout completely different worth cycles over the earlier years. He disclosed that the length of XRP’s rise to $500 was measured from cycle high to cycle high, using this method to find out his bold worth goal for the cryptocurrency. 

Momentum Suppressed By The SEC?

Crypto analyst, Levi Rietveld indicated in an X put up that XRP’s momentum has been suppressed by the USA Securities and Change Fee (SEC) for too lengthy. The analyst refers to XRP’s ongoing authorized battle with the SEC, which began in late 2020 when the regulator filed a lawsuit towards Ripple, claiming that the crypto funds firm was promoting XRP in an unregistered safety providing. 

Associated Studying

Regardless of Ripple’s partial victory after Decide Analisa Torres dominated that programmatic gross sales of XRP weren’t thought-about securities, the cryptocurrency’s worth stays on a downward development. Because the starting of the yr, XRP’s worth has stagnated whereas different altcoins out there have surged significantly. With the lawsuit nonetheless ongoing, XRP’s worth nonetheless maintains a sluggish momentum, buying and selling underneath $1 for years now. 

As of writing, the value of XRP is $0.49, reflecting a 1.29% decline over the previous seven days, based on CoinMarketCap. Crypto analyst, Egrag Crypto has additionally confirmed that the outcomes of the SEC lawsuit towards Ripple can be a figuring out think about his bullish $500 worth goal for XRP. He has urged the XRP military to stay affected person and put together for July 2024 or Could 2025, highlighting that these key dates might change the lives of XRP traders. 

Token worth surges | Supply: XRPUSDT on Tradingview.com

Featured picture created with Dall.E, chart from Tradingview.com



Source link

Tags: AnalystCatchCryptoPredictsPriceRallyXRP
Previous Post

JPMorgan Questions Sustainability of $12 Billion Crypto Inflows – News Bytes Bitcoin News

Next Post

BlockDAG Release 51: Precision Error Management; Experts Anticipate $10 BDAG Value By 2025

Related Posts

Ripple CTO addresses XRP debate as Kraken eyes $15 billion IPO – CoinJournal
Analysis

Ripple CTO addresses XRP debate as Kraken eyes $15 billion IPO – CoinJournal

1 August 2025
XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter
Analysis

XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter

1 August 2025
Solana DEX volume dips 20% after co-founder slams meme coins – CoinJournal
Analysis

Solana DEX volume dips 20% after co-founder slams meme coins – CoinJournal

1 August 2025
XRP inflows drop 95% since July spike, while Chaikin data signals possible rally – CoinJournal
Analysis

XRP inflows drop 95% since July spike, while Chaikin data signals possible rally – CoinJournal

31 July 2025
Analyst Says XRP Price Is Now In Wave 4 — What To Expect
Analysis

Analyst Says XRP Price Is Now In Wave 4 — What To Expect

1 August 2025
SUI price outlook: bulls on edge as $173M token unlock looms – CoinJournal
Analysis

SUI price outlook: bulls on edge as $173M token unlock looms – CoinJournal

2 August 2025
Next Post
BlockDAG Release 51: Precision Error Management; Experts Anticipate $10 BDAG Value By 2025

BlockDAG Release 51: Precision Error Management; Experts Anticipate $10 BDAG Value By 2025

Top Crypto Analyst Predicts 50% Rally for Solana-Based Memecoin – Here Are His Targets – The Daily Hodl

Top Crypto Analyst Predicts 50% Rally for Solana-Based Memecoin – Here Are His Targets - The Daily Hodl

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Qubic’s ‘Warming up the Engines’ Report Details 51% Strategy Ahead of Showdown With Monero – Crypto News Bitcoin News

Qubic’s ‘Warming up the Engines’ Report Details 51% Strategy Ahead of Showdown With Monero – Crypto News Bitcoin News

1 August 2025
Cryptosolo Cloud Mining: Ushering in a New Era of Digital Asset Growth

Cryptosolo Cloud Mining: Ushering in a New Era of Digital Asset Growth

2 August 2025
OpenAI Taps Nscale and Aker to Launch Stargate Norway

OpenAI Taps Nscale and Aker to Launch Stargate Norway

1 August 2025
SEC ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

SEC ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

1 August 2025
Retail Investors Get Green Light for Crypto ETNs in the UK

Retail Investors Get Green Light for Crypto ETNs in the UK

1 August 2025
Ethereum Elite Shift: ETH Foundation Loses Top‑3 Spot As Corporate Buyers Surge Ahead | Bitcoinist.com

Ethereum Elite Shift: ETH Foundation Loses Top‑3 Spot As Corporate Buyers Surge Ahead | Bitcoinist.com

1 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$113,245.00-2.18%
  • ethereumEthereum(ETH)$3,481.80-5.78%
  • rippleXRP(XRP)$2.96-2.06%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$755.60-3.62%
  • solanaSolana(SOL)$162.70-5.53%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,477.10-5.87%
  • tronTRON(TRX)$0.323580-0.39%
  • dogecoinDogecoin(DOGE)$0.201048-4.21%