The XRP price is once again capturing the attention of crypto investors as multiple analysts point to technical patterns and historical trends suggesting a potential breakout in the near future. Among them, prominent crypto analyst Egrag Crypto has reignited bullish sentiment, forecasting that XRP could reach a new all-time high (ATH) within the next 90 to 120 days. Backed by technical indicators and past market behavior, this outlook offers a compelling narrative for traders and long-term holders alike.
Historical Patterns Signal Potential Breakout
Egrag Crypto recently shared insights on social media, referencing historical price action to support his optimistic projection. He emphasized that XRP has historically exhibited two distinct peaks during bull cycles — a pattern that could repeat in the current market environment.
Looking back at previous bull runs:
- In 2017, the second peak occurred approximately 120 days after the first.
- In 2021, the second peak formed around 90 days later.
By drawing parallels to these cycles, Egrag suggests that we may now be entering a critical window where XRP could surge toward a new ATH. This convergence of timing and technical structure provides a data-driven basis for anticipation among market participants.
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Inverse Head and Shoulders Pattern Hints at $3.9 Target
Adding further weight to the bullish case, Egrag Crypto identified an Inverse Head and Shoulders (IHS) pattern forming on XRP’s price chart. This reversal pattern is widely recognized in technical analysis as a signal of potential upward momentum after a prolonged downtrend.
According to his analysis, the measured move from this IHS formation projects a price target between $3.70 and $3.90 — significantly above current levels. For confirmation, he stresses the importance of a sustained close above $2.24, which aligns with the Fibonacci 0.888 retracement level. Clearing this resistance would validate the pattern and potentially trigger a strong rally.
While regulatory uncertainty continues to weigh on sentiment — particularly surrounding U.S. Securities and Exchange Commission (SEC) developments — the technical setup remains constructive.
Key Support Levels and Short-Term Volatility
Despite the optimistic long-term outlook, some analysts caution that XRP may experience short-term downside before resuming its upward trajectory.
Dark Defender: Wave 4 Correction Could Push XRP to $1.88
Crypto analyst Dark Defender has analyzed XRP through the lens of Elliott Wave Theory, suggesting that the asset is currently in Wave 4 of a monthly cycle. Corrective waves like this often involve pullbacks before the final leg up (Wave 5).
His chart analysis indicates that XRP could dip as low as $1.88** during this phase. However, he views this not as a bearish signal but rather a necessary consolidation before a powerful rally toward **$5.80 — which would represent a new all-time high.
Dark Defender remains confident that this corrective phase is nearing its end and reiterated his belief that XRP is uniquely positioned to outperform major cryptocurrencies like Bitcoin and Ethereum in the coming cycle.
CasiTrades: Final Dip Likely Before Lift-Off
Another respected voice, CasiTrades, echoes similar sentiments. She notes that after a recent drop to $2.27, there was no clear bullish divergence on the Relative Strength Index (RSI), indicating that selling pressure hadn’t fully exhausted.
She expects XRP to test key support levels around:
- $2.17 (0.618 Fibonacci retracement)
- $2.15 (“golden pocket” support zone)
Once these levels hold, she anticipates a reversal fueled by building bullish divergence on the RSI and diminishing selling momentum. This final low could set the stage for a strong upward move — aligning with broader bullish forecasts.
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These terms naturally integrate into the narrative while reflecting what active traders and investors are searching for when evaluating XRP’s potential.
Frequently Asked Questions
Can XRP really hit a new all-time high in 90 to 120 days?
Yes, according to analysts like Egrag Crypto, historical patterns from 2017 and 2021 suggest that XRP tends to reach its second peak within this timeframe during bull cycles. Combined with current technical setups like the Inverse Head and Shoulders pattern, a new ATH within 90–120 days is considered plausible.
What is the significance of the $2.24 level for XRP?
A close above $2.24 — which corresponds to the Fib 0.888 level — is seen as a key confirmation point for bullish continuation. It would validate the Inverse Head and Shoulders pattern and likely attract more buying interest.
Could XRP drop below $2 before rising?
Yes, analysts including Dark Defender and CasiTrades believe a short-term drop to $1.88 or $2.15 is possible as part of normal market correction (Wave 4 in Elliott Wave terms). Such dips are viewed as healthy consolidations before a larger rally.
What is the highest price target mentioned for XRP?
The most aggressive target comes from Dark Defender, who projects XRP could reach $5.80 after completing its corrective phase — which would be a new all-time high.
How reliable are technical patterns like Inverse Head and Shoulders?
While no indicator guarantees future movement, the Inverse Head and Shoulders pattern has a strong track record in predicting trend reversals, especially when confirmed by volume and other indicators like RSI or Fibonacci levels.
Is regulatory news still affecting XRP’s price?
Yes, ongoing regulatory developments — such as appointments to the SEC — continue to influence market sentiment. However, many traders believe that positive rulings or clarifications could act as catalysts for a breakout.
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Final Outlook: Patience Before the Surge
While short-term volatility may test investor resolve, the broader technical picture for XRP remains encouraging. With multiple analysts converging on similar timelines and targets — supported by historical data, Elliott Wave structures, and classical chart patterns — the case for a significant move higher grows stronger.
Whether XRP reaches $3.90 or pushes beyond $5.00, one thing is clear: traders watching key levels like $2.15 and $2.24 will have valuable clues about the next major move. As always, combining technical analysis with risk management offers the best path forward in unpredictable markets.
For those tracking XRP’s journey toward a new all-time high, the next 90 to 120 days could prove pivotal — making this one of the most watched altcoins in the current cycle.