XRP price may rise in the next 90 days, peaking at $6.

XRP price may rise in the next 90 days:

According to Egrag Crypto's recent predictions, the price of XRP may rise in the next 90 days. The analyst predicts that by March 2025, XRP could rebound to $6.4. He made a bullish price prediction for Ripple based on a linear regression channel and highlighted that channel in the chart.

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This linear regression creates a channel around the trend line, capturing approximately 68% of price movements. In line with this, the analyst stated that XRP is expected to reach the top of the regression channel, around $6.4, by March 2025 or sooner.

Egrag Crypto points out that this price surge aligns with Fib 1.618 for a strong confluence. Additionally, the analyst predicts a potential overshoot. He noted that a breakout from the regression channel could push XRP to around $8.5.

The rebound to $8.5 corresponds with Fib 1.272, indicating the continuity of bullish momentum. Egrag Crypto also discusses mid-term targets, noting that $4.4 is an important milestone associated with Fib 1.414.

Meanwhile, the crypto analyst believes that any target between Fib 1.414 and 1.618 would represent the peak of this cycle's breakout. This means that the price of XRP could reach a high between $13 and $27 during this bull market.

Egrag Crypto recently explained that XRP could reach a price target of $27. The cryptocurrency experienced greater price surges during the 2017 bull market, leading crypto analysts to believe that XRP can capture a small portion of the gains from the 2017 surge.

The uptrend may continue into May

According to another Ripple price prediction from Egrag Crypto, the price rise of XRP may continue into May. In a post on X, the crypto analyst suggested the possibility of XRP reaching $15 by May 2025. The analyst explained that Fibonacci 1.618 indicates that May 5 could be a key date for XRP.

Personally, I believe Trump's presidency will drive XRP prices up 📈