BTCC / BTCC Square / Thecryptobasic /
XRP’s Make-or-Break Moment: $2.41 Signals Bull Run, $2.15 Spells Trouble—The Rest Is Just Market Static

XRP’s Make-or-Break Moment: $2.41 Signals Bull Run, $2.15 Spells Trouble—The Rest Is Just Market Static

Published:
2025-05-09 13:13:24
15
1

XRP traders, grab your charts—this one’s binary. The digital asset either punches through $2.41 for a confirmed bull run or crashes below $2.15 into bear territory. Everything else? Just algorithmic noise and the usual crypto theatrics.

Analysts call the mid-range a ’no-trade zone’—where hedge funds fake-out retail investors between coffee breaks. Meanwhile, the SEC still can’t decide if it’s a security or a ’meme with a balance sheet.’

Pro tip: Watch those levels like a hawk. Or just HODL and pray—Wall Street does it with worse assets every day.

Image

XRP chart by Egrag Macro Outlook Still Intact Despite short-term uncertainty, the analyst maintains that macro targets for XRP remain unchanged. This reflects continued Optimism for long-term price growth, provided the market maintains key structural levels. In a previous commentary, EGRAG argued that XRP has the potential to surge 15x, reaching a new all-time high of $27 amid a BMSB retest. In another analysis, he projected even greater upside potential, with targets as high as $31. Beyond his BMSB analysis, EGRAG has also relied on other technical indicators to support these bold projections. Earlier this month, he forecasted that XRP could surge to $17 this year, citing a six-month candle pattern similar to one seen in 2017 that preceded a major rally. After observing five similar monthly candles since November 2024, he believes a “mega candle” is imminent. If XRP hits $17 and breaks its macro channel, EGRAG projects a further rally to $55, aligning with other bullish predictions. Other market commentators, such as Javon Marks, share a similar bullish outlook for XRP in this cycle. However, some, like Crashius Clay, argue that now is an ideal time to short XRP massively. In his view, XRP is overvalued.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users