Analyst Says the Math Checks Out for XRP to Repeat Its Past Bull Cycles

• A new analyst model suggests XRP’s price could mirror its explosive 2017 or 2021 bull cycles
• The forecast is supported by strong fundamentals, including rising institutional demand and ETF hype
• The model’s R-squared value shows an 85% statistical correlation to XRP’s past bull runs

An analyst says the math checks out for XRP to be repeating its past bull cycles, based on a new forecast model that shows a statistically significant correlation. Analyst Egrag Crypto’s latest prediction suggests the XRP price continues to mirror its 2017 and 2021 bull runs, laying out a historical blueprint for the current cycle.

How Does the Analyst’s XRP Forecast Model Work?

Egrag Crypto’s forecast uses a technical model on the monthly time frame to map XRP’s potential path. The core of the analysis is a 2-standard deviation model which shows a high probability that XRP’s price is repeating a similar fractal pattern to the prior two cycles. A key data point is the model’s R-squared value of 0.84754.

“Current R-squared: 0.84754, indicating a highly fitting model. This means approximately 84.75% of the variance…can be explained by the independent variable,” Egrag noted.…

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