This week, $XRP approached its 2024 high, but crypto researchers have identified several variables that could boost the coin in the coming months.

A well-known cryptocurrency trader and analyst shared his latest XRP price action thoughts on X (formerly Twitter).

His analysis followed the correction in the crypto market a few days ago. Egrag expects XRP to reach a new high in the coming months or bull cycle.

Analyst: XRP is showing momentum to break out of the uptrend soon. He hopes to do this by April or August.

From these historical patterns, Egrag noticed that the first cycle that brought XRP to the top took 280 days to reach the level after the bullish crossover. XRP needed 140 days to reach the same price in the second cycle after the transition.

Based on these data points, the expert expands his study to a similar period and length. He pinpointed the dates between April 8 and August 26 when his prediction could come true.

Analysts advised the crypto community to be careful and observe these two days as it is an important day for the currency.

The August analysis included the Analyst X post. In the article, the analyst observed that the asset's upward trend generally triggers its price.

Analysts argue that technical assistance is not needed to detect this activity. The “persistent struggle” of the 21-week Exponential Moving Average (EMA) and the 100 MA created the bullish crossover.

Time for the token to reach the $0.9 threshold

Another crypto researcher, Dark Defender, predicts that XRP will reach $0.9. Dark Defender said that the token reached many support levels and formed a third wave.

The altcoin hit the mid-range Orange Resistance, causing a wave. Defender expects the currency to trade between $0.7707 and $0.9191 on March 10-13.

Additionally, he projects a price target of $0.6462 by March 1. Defender's prediction seems ambitious considering XRP's previous cautious growth.

$XRP