Just caught up with what Egrag has been saying about XRP lately, and honestly, the guy's not backing down on his long-term thesis despite all the noise in the community.



So here's the thing - there's definitely frustration out there. People have been waiting for Egrag's predictions to play out, and yeah, the timeline keeps shifting. But what's interesting is how he's framing this whole situation. He's not just throwing out numbers anymore. His latest take has this almost philosophical angle to it, pulling from religious texts about perseverance and patience. It's less about the price target and more about the mindset needed to actually hold through the cycles.

The technical side is where it gets compelling though. Egrag's been analyzing the 2-week chart and noticed something about XRP's behavior around the 21-period EMA. Basically, he's observed that whenever price returns to this level after consolidation, that's usually when momentum starts building again. He pointed to two major examples - back in 2017, XRP went up over 1200% after hitting this zone, and in 2021 it was around 500%. Using those as benchmarks, he's calculating potential moves could hit anywhere from $17 to $33 if history repeats.

The $100+ target is still on the table in his long-term view, but he's being more specific now about intermediate levels. Current price is sitting around $1.39, so yeah, there's a lot of runway if any of this plays out.

What strikes me about Egrag's recent comments is how he's separating emotion from analysis. People are asking him directly if he still believes in this, and his answer is basically - the data doesn't change just because sentiment does. The charts look the same whether everyone's bullish or bearish.

He's also being real about the uncertainty. Volatility will keep happening. People will keep second-guessing. But his point is that those focused on the actual trend instead of daily price swings are the ones who usually benefit when things eventually move.

I'm not saying buy or hold or anything like that - just interesting to see how a crypto analyst handles the gap between long-term conviction and short-term reality. The XRP community clearly needed this kind of message, whether they agree with the price targets or not.
XRP0.14%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin