XRP’s price trajectory is showing signs of a potential surge to unprecedented levels, with technical analysis suggesting a possible climb to $37. This bold prediction comes as XRP faces critical price action near the $2.47 VWAP level, setting up a fascinating technical battle between bulls and bears.
Technical Analysis Points to Massive XRP Upside
Renowned crypto analyst Egrag Crypto has identified a powerful technical setup based on the convergence of two critical moving averages: the 21-week EMA and 33-week SMA. Historical data shows this pattern has preceded significant price rallies, including:
- 520.25% gain in 2025
- 855.36% surge in 2021
- 1,600.63% rally in 2018
- 6,505.21% explosion in 2017
Price Targets and Key Levels
The analysis outlines multiple price targets based on historical patterns:
Target Level | Classification |
---|---|
$5.71 | Conservative |
$9.57 | Moderate |
$27.00 | Aggressive |
$37.00 | Maximum Extension |
Bearish Scenarios and Risk Factors
Despite the bullish outlook, significant risks remain. Previous bearish crossovers of these moving averages triggered substantial corrections:
- 87% decline following May 2021 crossover
- 72% drop after November 2021 signal
- Potential 79.54% correction from local top if pattern repeats
Expert Analysis and Market Implications
Current price action around $2.34 suggests XRP is at a critical juncture. The interaction between the 21 EMA and 33 SMA will likely determine the next major move, with potential for either a parabolic rally or significant correction.
Frequently Asked Questions
What triggers an XRP bull run?
Historical data shows that when the 21-week EMA crosses above the 33-week SMA, significant price rallies typically follow.
How reliable are these moving average signals?
The pattern has preceded all major XRP rallies since 2017, though past performance doesn’t guarantee future results.
What are the key support levels to watch?
Current critical support lies at $2.34, with additional technical support at the 21-week EMA level.