Lately, the only thing moving in tandem with my mood swings and expanding waistline appears to be XRP. Somehow-miraculously-it’s managing to stay above $3, unlike the milk in my refrigerator which can’t survive 48 hours. Enter Egrag Crypto, a chartist I assume has less social life than me. He’s here to tell us that XRP is about to blow the doors off the double digits, thanks to something called the “Cycle of Three.” Don’t worry, I’ll explain using more emojis than brain cells: 🚀🤷♂️
Pump, Correction, and the Euphoria That Never Stays
Egrag has this pet theory-a repeat pattern in XRP’s monthly RSI that’s so consistent, even my cat could chart it. Stage one: RSI pumps hard, much like my attempts at optimism after three cups of coffee. Stage two: Corrections, which feel suspiciously like Mondays. And then stage three: the “blow-off top”, a phrase apparently straight out of a vape shop and financial meme accounts.
The first cycle (2017) was like a party with free booze and karaoke: unhinged, glorious, borderline illegal. Second cycle (2021): we got Ripple’s lawsuit, which was basically the crypto version of your mother walking in on that party and pulling the plug at 9 pm. Still, the RSI pattern plodded onward, less thrilling but present, like stale chips and grape soda.
Now, here comes Cycle 3. According to Egrag, we’ve already done the cardio and yoga parts (pump and correction), and now it’s time for “heavy squats” – the RSI blow-off top. Expect prices to reach places not even Elon Musk has tweeted about. 🎢💎
Our beloved analyst pulls out three targets for RSI: 80, 87, and-because markets are powered by caffeine and bravado-a heroic 97. These numbers feel familiar, like the SAT scores my parents pretended to be proud of, cobbled together from previous cycles and some creative Excel work.
Image from X (not a pirate, just Twitter with commitment issues): Egrag Crypto
Does This Mean You Can Buy A Yacht With Your XRP?
If XRP’s RSI hits anything north of 80, break out the confetti and possibly a therapist. Last time it zoomed over 90 was 2017-back when we cared about fidget spinners and XRP blasted from couch-cushion money ($0.1) to “I’m buying lunch for everyone” ($3.40).
Normally, anything above 70 on the RSI is like walking into a sauna dressed for winter-completely overdone. But when the market’s on a bender, hot can just get hotter. Translation: All-time highs, starring XRP. Maybe $4, $5, maybe double digits-who knows? If it goes higher, you might have to explain to your neighbors why you’re suddenly sporting gold chains and driving a rented Lamborghini.🤑
But beware: RSI stacking above 90 is also the market’s way of saying “it’s time to go home.” At this very moment, monthly RSI is chilling at 73 and XRP is doing its best impersonation of stability at $3.12. The numbers say “party on,” but the mood says “check under your mattress for your sanity.”
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2025-08-18 05:48