A well-known cryptocurrency analyst, EGRAG Crypto, has outlined a potential timeline for XRP to reclaim its previous all-time high. Despite the ongoing bearish trend, the analyst believes historical market patterns suggest a significant price recovery within the next few months.
Two-Peak Pattern in Bull Runs
According to EGRAG, XRP typically experiences two major price surges within a single bull market. The first peak is often followed by a period of correction before the asset rallies again to a higher level. Drawing from past market cycles, he argues that the current downturn is consistent with the token’s historical behavior and that a second peak could still emerge.
Analyzing Token’s RSI Trends
To determine when XRP might reach a second peak, EGRAG examined the asset’s Relative Strength Index (RSI) on the monthly chart. The RSI measures price momentum and often signals trend reversals. In past bull runs, the token’s RSI followed a distinct pattern: an initial spike during the first peak, followed by a period of decline before another surge aligned with the second peak. This pattern was evident in both the 2017 and 2021 market cycles.
Projected Timeline for XRP’s Second Peak
EGRAG’s latest analysis indicates that XRP’s RSI has once again dropped to the 66 range, similar to what occurred in 2017. When it reached $3.4 in January 2025, the RSI spiked to 84 before declining. Based on historical trends, the analyst anticipates that XRP could remain in a consolidation phase for 90 to 120 days before rallying again. This suggests that a second peak may occur between May and June 2025.
While uncertainty persists in the short term, historical data suggest that XRP’s past performance could provide valuable insights into its future trajectory. If the pattern identified by EGRAG holds, the asset could be on track for another surge within the coming months.