Analyst Flags XRP Accumulation Zone That Previously Produced 500% Rallies
A crypto analyst pointed to historical monthly accumulation zones where XRP rebounded by at least 500%, including a 2020–2021 advance to $1.63 and a later move to $3.07. He advised buying during fearful conditions, staying patient through uncertainty, and selling into euphoria. The analyst also maintained a long-term target of double-digit XRP.
Egrag, a French crypto analyst, highlighted monthly accumulation zones where XRP has historically rebounded by at least 500%. He cited the 2020–2021 climb to $1.63 and a later advance to $3.07, with similar setups appearing between 2013 and 2017. His guidance was to buy amid fear, wait through uncertainty, and sell during euphoria, while keeping a double-digit long-term target.
Currently, XRP trades near $1.29–$1.40 after testing $1.32 support. A measured move from that range could target $8.35, though $1.51 Bollinger resistance remains a hurdle. Ripple-linked ETFs have drawn $1.56 billion cumulatively, making XRP Wall Street’s most in-demand altcoin, even as the CLARITY Act’s defeat added legal uncertainty.
This story may influence retail XRP holders and crypto traders by reinforcing patience during drawdowns, though historical patterns do not guarantee future results. ETF inflows could affect institutional exposure and broader altcoin sentiment, potentially drawing more attention to crypto products. If legal uncertainty persists, investors may face greater volatility and may need to weigh risks carefully.