EGRAG, a prominent market analyst, has utilized linear regression framework to predict bullish price milestones for XRP in 2025. The recent close above $2 for the first time in history has bolstered bullish sentiments. According to EGRAG’s analysis, XRP is likely to approach its upper band in 2025, aligning with Fibonacci retracement levels that define major price targets.
XRP’s Linear Regression Channel
EGRAG leveraged a linear regression channel on a logarithmic scale to identify trends and potential reversal points within XRP’s price action. The tool considers 68% of price movements within its upper and lower bands. The mean line within the channel is crucial for identifying XRP’s price reversion patterns, as prices frequently oscillate around this mean.
Projected Timeline
EGRAG predicted that by March 2025, XRP could reach $6.4, a level coinciding with the Fibonacci 1.618 retracement. A breakout above this level could push XRP further toward $8.5, aligning with the Fibonacci 1.272 level. Before reaching these levels, XRP is expected to hit an intermediate target of $4.4.
Potential Blow-off Top Scenario
EGRAG also called attention to a potential “blow-off top” scenario for XRP, predicting price surges between $13.7 and $27.5. These targets sync with the Fibonacci 1.618 and 2.618 levels, respectively, representing the peak of a bullish cycle.
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Source: https://thecryptobasic.com/2025/01/02/linear-regression-analysis-predicts-timeline-for-xrp-to-hit-6-4-8-5-13-7-or-27-5