XRP Set for ‘Final Blastoff’ After ‘Boredom Phase’: Egrag Predicts Surge
- XRP price down >20% since SEC news (~$2.12 now); Google search interest low
- Analyst Egrag predicts April volatility: tests $1.8-$1.9 S / $2.8-$3 R via “wicks”
- Egrag sees potential consolidation (“boredom phase”) then “final blastoff” surge
XRP faced significant downward pressure as March came to an end. The cryptocurrency experienced a notable decline of over 20% since the March 19 announcement the U.S. SEC withdrew its lawsuit against Ripple.
As of press time (early April 2), XRP is down more than 2% over the past 24 hours, trading near $2.12. XRP’s global search interest also fell to a new low reading of 17, according to Google Trends data.
This marks a huge drop from the peak interest seen in December 2024 and January 2025, when XRP experienced a major price surge.
Why the Lag Despite Positive Catalysts?
This underwhelming price performance comes despite several background factors often viewed as positive. These include President Donald Trump’s earlier hints at including XRP in a national crypto stockpile and ongoing expectations the SEC may soon approve spot XRP exchange-traded funds (ETFs).
With price action stagnant, crypto analyst Egrag C…
The post XRP Set for ‘Final Blastoff’ After ‘Boredom Phase’: Egrag Predicts Surge appeared first on Coin Edition.
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XRP Set for ‘Final Blastoff’ After ‘Boredom Phase’: Egrag Predicts Surge
- XRP price down >20% since SEC news (~$2.12 now); Google search interest low
- Analyst Egrag predicts April volatility: tests $1.8-$1.9 S / $2.8-$3 R via “wicks”
- Egrag sees potential consolidation (“boredom phase”) then “final blastoff” surge
XRP faced significant downward pressure as March came to an end. The cryptocurrency experienced a notable decline of over 20% since the March 19 announcement the U.S. SEC withdrew its lawsuit against Ripple.
As of press time (early April 2), XRP is down more than 2% over the past 24 hours, trading near $2.12. XRP’s global search interest also fell to a new low reading of 17, according to Google Trends data.
This marks a huge drop from the peak interest seen in December 2024 and January 2025, when XRP experienced a major price surge.
Why the Lag Despite Positive Catalysts?
This underwhelming price performance comes despite several background factors often viewed as positive. These include President Donald Trump’s earlier hints at including XRP in a national crypto stockpile and ongoing expectations the SEC may soon approve spot XRP exchange-traded funds (ETFs).
With price action stagnant, crypto analyst Egrag C…
The post XRP Set for ‘Final Blastoff’ After ‘Boredom Phase’: Egrag Predicts Surge appeared first on Coin Edition.
Read More