XRP Next Big Move: Two Historical Scenarios Point to Strong Double-Digit Gains
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- XRP retested its 21-day moving average, signaling a potential big price move soon.
- If history repeats, XRP could rise by 414% or 1,610%.
- Analysts like EGRAG and Rekt Fencer predict strong long-term growth despite short-term fluctuations.
XRP might be getting ready for a big price change after recently testing its 21-day moving average, says popular analyst EGRAG.
Based on past market trends, EGRAG argues XRP could break into the double-digit price if history repeats itself.
XRP Historical Trends Show Two Possible Outcomes
In the 2017 cycle, XRP used the 21 EMA as a reliable support level on two separate occasions, leading to a significant 1,610% price rally to its peak.
Related: Analyst Warns of 15% XRP Drop But Whales Accumulate $928 Millions’ Worth
The 2021 cycle presented a different picture. XRP initially fell below the 21 EMA, a move largely att…
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