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TimesTabloid 2025-06-11 06:59:32

Egrag Crypto Identifies Key RSI Pattern, Predicts XRP Top Timeline

Crypto analyst Egrag Crypto has released a detailed technical outlook for XRP, highlighting a pattern he refers to as the “Cracked Code” and suggesting a potential top for the digital asset in either March or July 2025. His analysis, published in a tweet accompanied by annotated RSI (Relative Strength Index) charts, emphasizes the recurrence of a specific two-peak formation that has preceded bear markets in previous XRP cycles. The tweet begins with a warning not to assume conclusions without examining the data, underscoring that the entire analysis is rooted in historical RSI behavior. Egrag identifies two key peaks that represent turning points in XRP’s past market cycles. The first peak corresponds to an all-time high (ATH), marked by a major rally. This phase has historically driven XRP to extreme momentum levels. The second peak, according to Egrag, is shorter and weaker but serves as a signal of a cycle top, which typically ushers in a bearish reversal. Two RSI Peaks and Historical Parallels In his post, Egrag outlines that on two prior occasions, XRP’s RSI surged to a new high, dipped below the 14-period simple moving average (SMA), represented by a yellow line on the chart, and then rose again to form a second, lower peak before entering a bear market. He asserts that a similar pattern may be unfolding now. According to his chart, the RSI on December 2, 2024, formed the first major peak, which Egrag states is a higher high than the 2021 level. Based on this trajectory and referencing historical cycles, Egrag identifies March 2025 and July 2025 as potential candidates for the second RSI peak. He emphasizes that this second peak could indicate the end of XRP’s bullish phase , aligning with previous bear market transitions. 77 RSI Level as a Crucial Support Threshold Egrag also calls attention to the 77 RSI level on the two-week timeframe. He marks this level as critical support and states that the RSI must not fall below this threshold if the current bullish setup is to remain valid. A successful test and bounce from this level, in his view, would confirm macro support and set the stage for another leg up. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This RSI threshold serves as a key technical condition that could determine whether XRP continues upward or begins a downward trend. For Egrag, holding this line would validate the current market structure and signal a continuation of bullish momentum. Ultra Bullish Scenario and Long-Term Outlook In a best-case scenario, Egrag projects that XRP could surpass both the December 2, 2024, RSI peak and even the one set on May 8, 2017. He labels this possibility the “ultra bullish scenario,” suggesting that such a move would solidify the second peak while keeping RSI momentum at elevated levels. While the post does not provide specific price targets, its focus is on momentum and cycle timing based on RSI performance. The analysis places a premium on macro indicators rather than short-term market movements. Ongoing Commitment to the XRP Community Egrag ends his message with encouragement to the XRP community , reinforcing his commitment to sharing technical insights. He states that he will continue to provide free content and expresses solidarity with the XRP community, referring to it as his “family.” This analysis adds to ongoing speculation within the XRP market , with technical traders watching closely to see whether the RSI respects the key levels highlighted by Egrag. As of now, March and July 2025 stand as timeframes to watch for a possible macro top based on the RSI structure he has outlined. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Egrag Crypto Identifies Key RSI Pattern, Predicts XRP Top Timeline appeared first on Times Tabloid .

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