XRP Now in Preparation Phase for Explosive Rally? A Look at the Mathematical Analysis Results
A mathematical analysis of past historical price cycles shows that XRP (XRP) is currently at a critical inflection point, undergoing a correction while preparing for a potentially unprecedented rebound.
According to cryptocurrency-focused media outlet The Crypto Basic on February 19 (local time), renowned crypto analyst EGRAG stated that a mathematical breakdown of XRP’s price cycles suggests the current decline could instead represent a strong buying opportunity. Based on the duration and return changes of the previous two cycles, EGRAG presented specific potential bottom ranges and price targets XRP could reach.
The core of the analysis lies in a mathematical pattern in which each cycle expands by 1.25 times in length. The first cycle lasted 1,185 days, while the second cycle extended approximately 1.25 times longer to 1,493 days. If this pattern repeats, the ongoing third cycle is expected to last about 1,866 days, indicating that XRP may be consolidating energy within a long-term upward trajectory.
EGRAG identified $1.60 and $1.30 as key support levels that XRP must defend. If the current price establishes a solid base around the $1.60 level, it could serve as a perfect launching pad for further gains. Even if broader market volatility pushes the price lower, as long as the $1.30 level remains intact, the long-term bullish outlook remains valid.
If a price rebound gains full momentum, XRP is expected to conquer its price targets in stages. EGRAG projected that a breakout above the first resistance zone of $4 to $5 could propel XRP into a full-fledged explosive rally, potentially surging to $13 and ultimately reaching as high as $27. This projection is derived from applying the record-breaking returns seen in past cycles through a fractal perspective.
An increase in active addresses on the XRP Ledger and steady accumulation by institutional investors further support the technical analysis. The influx of institutional capital into the broader crypto market following the approval of spot Bitcoin (BTC) ETFs is also seen as a positive factor supplying liquidity to XRP. Market experts advise investors to focus on long-term trends indicated by historical patterns rather than reacting to short-term price fluctuations.
*Disclaimer: This article is for investment reference only, and we are not responsible for any losses resulting from investment decisions based on it. The content should be interpreted for informational purposes only.* <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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