Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»XRP has not had a bull cycle since 2017, and analysts reveal what will happen if one occurs.
EXCHANGE NEWS

XRP has not had a bull cycle since 2017, and analysts reveal what will happen if one occurs.

By Crypto FlexsJune 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
XRP has not had a bull cycle since 2017, and analysts reveal what will happen if one occurs.
Share
Facebook Twitter LinkedIn Pinterest Email

XRP price has been a constant worry for investors as the altcoin appears to be frozen in time. The last time the coin rallied was during the 2017-2018 bull market, and despite another large bull market since then, XRP has not been able to keep up with the rest of the market. Although expectations for altcoins have fallen sharply, one analyst believes cryptocurrencies may finally gain traction and reveals a target for when this will happen.

Why XRP Could Be Ready for a Bull Market

Cryptocurrency analyst CryptoManiac101 shared a rather interesting view on the future price of XRP via the TradingView platform. The analyst pointed to several indicators that suggest the altcoin is finally ready to make its move. One of the key points of analysis was the price level and movement to date.

Related Reading

Crypto analysts point to the convergence of three moving averages in 2024. Eventually, the symmetrical triangle pattern described in the chart is formed. Moreover, the convergence occurring around $0.51 suggests that consolidation is underway. Consolidation now typically comes with accumulation, which is often good value for money, and analysts note growing interest.

The cryptocurrency analyst further points out XRP’s performance over the past 11 years. It starts in 2013 and moves up to the present, showing how XRP’s performance has actually leveled off over this period. “Significant historical price surges are especially noticeable in 2017 and 2018, as we see consistency in movements between the two cycles, which is what we are looking at for 2024 and 2025,” the analyst said.

Source: Tradingview.com

With an interesting rise, these indicators may point to a significant breakout in price. If this happens, cryptocurrency analysts have outlined their targets for how high the price could rise.

How high can prices go?

One of the key factors in analyst forecasts is the fact that these historical patterns have previously made us optimistic about a comeback for XRP. Analysts note that rallies typically occur when these patterns are 75% complete. However, the pattern has now reached 88.93% completion, suggesting that a breakout in the XRP price is long overdue.

Related Reading

If an uptrend occurs, cryptocurrency analysts expect the price to rise by at least 800% above $4. This future forecast is based on the likelihood of a breakout of the symmetrical triangle formed from the convergence of three moving averages. In this case, analysts expect a rise to $4.5 as a starting point.

XRP price chart on Tradingview.com
Token price shows resilience | Source: XRPUSDT on Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Pudgy Penguins

August 28, 2025

Will Cardano (ADA) step back and push the bear back low?

August 22, 2025

Ether Lee’s price retreat, a market for watching $ 4,200 for the next movement

August 19, 2025
Add A Comment

Comments are closed.

Recent Posts

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025

Four coins to be purchased as decisions for five branch XRP ETFs will be pushed until October.

August 30, 2025

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Most Popular

The next cryptocurrencies will explode on Tuesday April 16 – Fantom, Pepe, MX tokens

April 17, 2024

Will SEC obstacles derail the optimistic journey?

March 28, 2024

Free Online Casino Games – Ethereum World News

March 7, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.