Crypto Analyst Projects XRP Price Roadmap to $37 Amid Bearish Signals
A crypto analyst has presented a long-term bullish roadmap for XRP, predicting a price increase towards $37. Technical analyses indicate key signals, but bearish trends remain a concern.
XRP Price Roadmap To $37
- The analysis focuses on the interaction between the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (SMA).
- This relationship has historically indicated strong price movements in both market conditions.
- Previous crossovers of the 21 EMA above the 33 SMA have led to significant rallies:
- 520.25% in 2025
- 855.36% in 2021
- 1,600.63% in 2018
- 6,505.21% in 2017
- Current conservative targets are set at $5.71 and $9.57; more aggressive estimates suggest potential highs of $27 and $37.
- As of now, XRP trades around $2.34, indicating potential upside if historical patterns recur.
Bears And Bulls Fight For Dominance
- Despite the bullish outlook, bearish signals persist, with the possibility of a significant downturn.
- Historical bearish crosses have resulted in substantial declines:
- 87% drop following May 28, 2021
- 72% decline after November 2021
- A similar bearish crossover could lead to a drop of approximately 79.54% from current highs.
- The analyst plans to reduce positions if a bearish crossover occurs, indicating a potential macro top and prolonged bear phase.
