After a tough few months, XRP may be gearing up for a massive breakout — if history repeats itself. According to market analyst EGRAG, XRP is mirroring a historical price pattern that once led to explosive growth.
XRP’s Recent Struggles
$XRP peaked at $3.30 in January 2025 but has since dropped — falling 29% in February and another 2.58% in March. Even though April saw a slight rebound, prices remained stuck around the $2 range.
But That Might Change Soon.
EGRAG has identified a historical 6-candle pattern on XRP’s monthly chart, suggesting a major move is coming. This same pattern appeared in 2017, just before XRP surged by over 700% in a single month.
What Is the 6-Candle Pattern?
In 2017, XRP posted six key monthly candles above the 21 EMA:
A mix of red and green candles during consolidation
Followed by a massive breakout — a 746% spike in December 2017
EGRAG believes we’re seeing the same setup again:
November 2024: +283%
December 2024: +6.43%
January 2025: +46%
February 2025: -30%
March 2025: -2.56%
April 2025: +4.84%
If the Pattern Holds, XRP$XRP
Could Hit $17 in May 2025
That would mean a 672% surge from today’s $2.20 price.
But EGRAG doesn’t stop there…
After $17? A Run to $55 May Follow
Breaking the upper resistance of $XRP
long-term macro channel could open the door to even greater gains.
EGRAG’s post-breakout target? $55 — a potential 223% jump from the $17 level.
He’s not alone: Other analysts, including Cryptominder, have also projected a push toward the $50+ zone.
Is XRP About to Explode?
The charts suggest it might be.
But remember — patterns don’t guarantee outcomes.
Disclaimer: This is for informational purposes only and not financial advice. Always do your own research before investing.