{"id":608400,"date":"2024-05-16T20:00:29","date_gmt":"2024-05-16T20:00:29","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=608400"},"modified":"2024-06-11T08:40:09","modified_gmt":"2024-06-11T08:40:09","slug":"xrp-investors-alert-3-12-months","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/ripple\/xrp-investors-alert-3-12-months\/","title":{"rendered":"Why Is This Crypto Pundit Warning XRP Investors To Be At Alert For The Next 3-12 Months"},"content":{"rendered":"

A crypto analyst identified as \u2018Egrag Crypto\u2019 has recently taken to X (formerly Twitter) to <\/span>issue<\/span><\/a> a warning to XRP investors regarding a <\/span>potential bear market<\/span><\/a> that could trigger a massive correction for the price of XRP.\u00a0<\/span><\/p>\n

XRP Holders Prepare For More Declines In 2025<\/h2>\n

According to Egrag Crypto, XRP is expected to enter a <\/span>steep bear market stage<\/span><\/a> in 2025. The analyst based his predictions on a technical analysis tool he called the \u201cGaussian Channel,\u201d revealing three distinct technical phases for XRP, including a Green A, Green B and Green C phase.\u00a0<\/span><\/p>\n

Related Reading: Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish<\/a><\/div>\n

He noted that the <\/span>bearish phase<\/span><\/a> in Green A had already been completed. However, the Green B phase is expected to end by June 2025, and Green C is anticipated to conclude by January 2025. The analyst further emphasized that the aforementioned dates do not represent cycle tops but indicate the beginning of a \u201cdeep bear market phase.\u201d<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

He also revealed that the Gaussian Channel was a technical analysis tool used to visualize price movements of cryptocurrencies around a mean average price. The purpose of the tool is to help identify volatility, risks, and certain support and resistance levels. Additionally, analyzing the historical trends and durations of the green phases provided by the Gaussian Channel provides valuable insights that can be used to interpret future price movements.\u00a0<\/span><\/p>\n

Presently, the price of XRP has remained relatively unchanged for the past few months, primarily <\/span>consolidating around the $0.5 mark<\/span><\/a> without witnessing any significant momentum. This lackluster performance can be attributed to the ongoing <\/span>legal challenges<\/span><\/a> the cryptocurrency has faced with the United States Securities and Exchange Commission (SEC) over the past four years.\u00a0\u00a0<\/span><\/p>\n

While Egrag crypto anticipates more <\/span>bearish sentiment<\/span><\/a> for XRP in the coming year, the crypto analyst also suggests that the next 3 to 12 months could present critical trading opportunities as the market evolves. He cautions <\/span>XRP holders<\/span><\/a> to remain vigilant and prepared for potential market volatility, which could lead to a \u201clife-changing window.\u201d\u00a0<\/span><\/p>\n

Analyst Highlights XRP\u2019s Resilience<\/h2>\n

In a previous X post, Egrag Crypto <\/span>maintained<\/span><\/a> an optimistic outlook for the price of XRP. He emphasized the cryptocurrency\u2019s strength and resilience, noting that XRP was indicating strong <\/span>bullish signals<\/span><\/a> in its price fundamentals.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n
Related Reading: Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week<\/a><\/div>\n

He revealed that if <\/span>XRP can maintain a critical position<\/span><\/a> within the \u201cLaunching Channel,\u201d a trading pattern identified by partial wicking candles and ascending consolidation, the cryptocurrency could see its value potentially surging to $6.4.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC<\/a><\/div>\n

At the time of writing, the <\/span>price of XRP<\/span><\/a> is trading at $0.51, reflecting an increase of 3.51%, over the past 24 hours, according to CoinMarketCap.\u00a0<\/span><\/p>\n

Egrag Crypto has advised the broader XRP community to remain \u201ccalm and steady,\u201d as the next three to six months could present significant opportunities for investors.\u00a0<\/span><\/p>\n

\"XRP
Token price recovers with broader crypto market | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Chart from Tradingview.com\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

A crypto analyst identified as \u2018Egrag Crypto\u2019 has recently taken to X (formerly Twitter) to issue a warning to XRP investors regarding a potential bear market that could trigger a massive correction for the price of XRP.\u00a0 XRP Holders Prepare For More Declines In 2025 According to Egrag Crypto, XRP is expected to enter a steep bear market stage in 2025. The analyst based his predictions on a technical analysis tool he called the \u201cGaussian Channel,\u201d revealing three distinct technical phases for XRP, including a Green A, Green B and Green C phase.\u00a0 Related Reading: Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish He noted that the bearish phase in Green A had already been completed. However, the Green B phase is expected to end by June 2025, and Green C is anticipated to conclude by January 2025. The analyst further emphasized that the aforementioned dates do not represent cycle tops but indicate the beginning of a \u201cdeep bear market phase.\u201d He also revealed that the Gaussian Channel was a technical analysis tool used to visualize price movements of cryptocurrencies around a mean average price. The purpose of the tool is to help identify volatility, risks, and certain support and resistance levels. Additionally, analyzing the historical trends and durations of the green phases provided by the Gaussian Channel provides valuable insights that can be used to interpret future price movements.\u00a0 Presently, the price of XRP has remained relatively unchanged for the past few months, primarily consolidating around the $0.5 mark without witnessing any significant momentum. This lackluster performance can be attributed to the ongoing legal challenges the cryptocurrency has faced with the United States Securities and Exchange Commission (SEC) over the past four years.\u00a0\u00a0 While Egrag crypto anticipates more bearish sentiment for XRP in the coming year, the crypto analyst also suggests that the next 3 to 12 months could present critical trading opportunities as the market evolves. He cautions XRP holders to remain vigilant and prepared for potential market volatility, which could lead to a \u201clife-changing window.\u201d\u00a0 Analyst Highlights XRP\u2019s Resilience In a previous X post, Egrag Crypto maintained an optimistic outlook for the price of XRP. He emphasized the cryptocurrency\u2019s strength and resilience, noting that XRP was indicating strong bullish signals in its price fundamentals.\u00a0 Related Reading: Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week He revealed that if XRP can maintain a critical position within the \u201cLaunching Channel,\u201d a trading pattern identified by partial wicking candles and ascending consolidation, the cryptocurrency could see its value potentially surging to $6.4.\u00a0 Related Reading: Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC At the time of writing, the price of XRP is trading at $0.51, reflecting an increase of 3.51%, over the past 24 hours, according to CoinMarketCap.\u00a0 Egrag Crypto has advised the broader XRP community to remain \u201ccalm and steady,\u201d as the next three to six months could present significant opportunities for investors.\u00a0 Chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":608426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-608400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nWhy Is This Crypto Pundit Warning XRP Investors To Be At Alert For The Next 3-12 Months<\/title>\n<meta name=\"description\" content=\"A crypto analyst identified as \u2018Egrag Crypto\u2019 has recently taken to X to issue a warning to XRP investors regarding a potential bear market.\" \/>\n<meta name=\"robots\" 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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