{"id":52151,"date":"2025-03-15T20:30:27","date_gmt":"2025-03-15T20:30:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=52151"},"modified":"2025-03-15T20:30:27","modified_gmt":"2025-03-15T20:30:27","slug":"xrp-price-to-110-bollinger-bands-creator-reveals-why-it-will-become-a-market-leader","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=52151","title":{"rendered":"XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader"},"content":{"rendered":"

The XRP price could be staging a parabolic rally to new all-time highs<\/a> of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.\u00a0<\/p>\n

Analyst Predicts New XRP Price Target To $110<\/h2>\n

In a rather lengthy X (formerly Twitter) post<\/a>, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure<\/a>. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value.<\/p>\n

Firstly, Egrag Crypto outlines XRP\u2019s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target<\/a>. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase.<\/p>\n

In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern<\/a>, the analyst has predicted a potential price breakdown for the cryptocurrency.\u00a0<\/p>\n

Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase<\/a> would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.\u00a0<\/p>\n

For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline<\/a> by either 14.6%, 23.6%, or 38.2% from Wave 3\u2019s price high. This correction would mark a 65% drop from Wave 3\u2019s peak, bringing the cryptocurrency\u2019s price down to $8. He also highlights a worse-case bearish scenario<\/a> where XRP crashes as low as $3.4.\u00a0<\/p>\n

Notably, Egrag Crypto shares three potential bullish targets <\/a>for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.\u00a0<\/p>\n

Bollinger Bands Creator Says The Asset To Become Leader<\/h2>\n

In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool<\/a>, has highlighted<\/a> XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles.<\/p>\n

Considering its legal battles with the US SEC<\/a> and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit<\/a>. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.\u00a0 Analyst Predicts New XRP Price Target To $110 In a rather lengthy […]<\/p>\n","protected":false},"author":0,"featured_media":52152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52151"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52151"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/52152"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}