XRP’s $37 Dream: Analyst Reveals the Make-or-Break Condition

Could XRP really hit $37? One analyst claims to have cracked the code—but there’s a catch.

The missing piece: A perfect storm of adoption, regulatory clarity, and market momentum. No pressure.

Meanwhile, Wall Street still can’t decide if crypto is the future or just a very elaborate prank.

Potential XRP Bearish Cross | EGRAG Crypto Notably, to determine the potential extent of the collapse following this cross, he called attention to historical data. The market watcher confirmed that when this same bearish cross occurred in May 2018, XRP dropped 87%, and when it materialized in November 2021, the asset slumped 72%. He expects the next bearish cross to result in a crash of around 79.5% for XRP. This figure represents the average of the past two corrections.  Potential XRP price Targets from the Bullish Cross However, EGRAG also called attention to the bullish side of his recent analysis, particularly the impact of a bullish cross between the 21 EMA and the 33 SMA. It bears mentioning that these moving averages observed a bullish cross in September 2024, when the 21 EMA crossed above the 33 SMA. Following this bullish cross, XRP witnessed an impressive rally, soaring 520% above the $3 mark between November 2024 and January 2025. Nonetheless, EGRAG expects further upside from this cross, citing historical data from previous crosses. 

XRP Bullish Cross | EGRAG Crypto The data shows that XRP soared 6,500% from March to May 2017 when the cross occurred in early 2017 and then rallied by another 1,600% from December 2017 to January 2018 when the bullish cross materialized in late 2017. The bullish cross occurred again in July 2020, leading to an 855% rise to $1.96 by April 2021. From these previous upticks, EGRAG highlights price targets around $5.7, $9.5, and $37. However, the analyst suggests the most likely outcome for XRP WOULD be a rally to $27. Notably, this represents a 1,600% increase from the value it traded for during the latest September 2024 bullish cross. Historically, after hitting its target following a bullish cross, XRP has observed bearish crosses, leading to the downtrend earlier identified. Data from his chart suggests that EGRAG expects XRP to observe a bearish cross after reaching its $27 target, leading to the proposed 79.5% drop. Currently, XRP trades for $2.37.