XRP Price Prediction: Technical Analysis Suggests XRP Could Hit a New ATH

A key technical analysis suggests that XRP could reach a new all-time high (ATH) within the next 120 days, but a potential drop to $1.35 remains a looming threat. By John Doe.

A key technical analysis suggests that XRP could reach a new all-time high (ATH) within the next 120 days, but a potential drop to $1.35 remains a looming threat.

EGRAG CRYPTO’s Bold XRP Price Prediction

Crypto analyst EGRAG CRYPTO has made his own bold prediction for XRP, suggesting that the crypto giant could be gearing up for a rapid bull rally, having spotted a classic chart pattern that suggests more similarities between XRP’s previous bull cycles in 2017 and 2021.

XRP could reach a new ATH in 90 to 120 days based on historical RSI patterns. Source: EGRAG CRYPTO via X

According to the analysis, both bull cycles saw strong surges following key RSI (Relative Strength Index) breakouts, which could indicate a similar pattern unfolding now. As per the chart, XRP could follow this trajectory to reach new highs in 90 to 120 days from now.

Historical RSI pattern of XRP price. Source: EGRAG CRYPTO via X

Crucial resistance levels are identified at $66.00, $70.00, and $76.31, with ATH projections ranging from $88.88 to $96.19. The analyst estimates that XRP could hit a new peak by June or mid-to-late July 2025, depending on the current cycle’s momentum.

However, despite the bullish outlook, another crypto expert has issued a stark warning about a potential bear case for XRP, which could see the token drop to $1.35.

XRP Faces Potential Drop to $1.07

Veteran trader Peter Brandt has identified a textbook Head and Shoulders (H&S) pattern forming on XRP’s chart, which could spell trouble for the crypto.

XRP faces a potential drop to $1.07 unless it breaks above $3.00, confirming a bullish reversal. Source: Peter Brandt via X

Brandt warns that if XRP fails to hold the neckline support at $1.90, a sharper decline could follow, potentially sending the price to $1.07. His analysis aligns with broader market concerns, as XRP has recently struggled to sustain upward momentum despite the SEC’s decision to drop its appeal against Ripple.

His comments align with broader market concerns, as XRP has recently struggled to sustain upward momentum. Despite the SEC dropping its appeal against Ripple and crypto showing strength throughout 2024, suggesting strong institutional interest, one key metric that is usually a measure of broader market demand is not showing such promise.

XRP Exchange Balances Remains Low

On-chain metrics present a mixed picture, with some showing promise for further upside while others suggest a potential downturn.

Despite the SEC decision and crypto’s bullish performance in 2024 hinting at institutional interest, XRP’s price has stalled, and new highs have yet to be reached. Moreover, whale transactions have decreased since February, indicating reduced large-scale activity.

Furthermore, XRP’s exchange reserves on Binance and Upbit have remained relatively flat since early March, suggesting that investor demand is not keeping up with supply, which could exert downward pressure on the Ripple currency price.

This lack of substantial change in exchange balances over an extended period suggests a potential equilibrium between buying and selling activity, which could ultimately influence the direction of the next major price move for XRP.

As the crypto market navigates through macroeconomic events and regulatory shifts, the coming months will be pivotal in determining the fate of XRP and other digital assets.