
{"id":62513,"date":"2025-04-28T12:00:23","date_gmt":"2025-04-28T12:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=62513"},"modified":"2025-04-28T12:00:23","modified_gmt":"2025-04-28T12:00:23","slug":"xrp-to-hit-8-no-double-digits-this-cycle-warns-crypto-analyst","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=62513","title":{"rendered":"XRP To Hit $8, No Double Digits This Cycle \u2014 Warns Crypto Analyst"},"content":{"rendered":"<p>Chart technician \u201cCharting Guy\u201d told his audience that XRP\u2019s current four-hour structure suggests a measured climb toward a cycle peak near $8\u2014yet nothing higher. Displaying a BITSTAMP four-hour chart overlaid with multi-sigma deviation bands, he wrote that XRP is \u201cover this standard deviation and we likely move up quickly to the next one at the $3 area, then one around $4.20 and the last one at the top around $8\u2026 coincidently my main target this cycle.\u201d<\/p>\n<h2>No Double Digits For XRP This Cycle<\/h2>\n<p>The analyst\u2019s tone <a href=\"https:\/\/x.com\/ChartingGuy\/status\/1916209738947191173\" target=\"_blank\" rel=\"noopener\">turned<\/a> caustic when addressing hopeful forecasts for double- or triple-digit prices. \u201cTo all the people saying $8 isn\u2019t high enough,\u201d he said, \u201cplease throw your brain in the dryer after it got washed by all these influencer moonboys.\u201d He argued that a move from last cycle\u2019s capitulation low near $0.28 to $8 already implies a 2,757% advance. \u201cImagine not taking at least some profit lol,\u201d he added, warning that fixation on outlier targets had trapped retail investors in every prior top.<\/p>\n<p>Charting Guy conceded that valuations beyond three digits are theoretically possible \u201cif they completely achieve their goal,\u201d referencing Ripple\u2019s long-term ambitions in cross-border settlement and <a href=\"https:\/\/www.newsbtc.com\/news\/ripple\/ripple-head-of-policy-calls-for-uk-to-join-global-trend-of-cbdc-adoption\/\" target=\"_blank\" rel=\"noopener\">CBDC plumbing<\/a>, yet he insisted that <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-mirroring-2017-cycle\/\" target=\"_blank\" rel=\"noopener\">such a scenario<\/a> is \u201cabsurd\u201d for the current market phase. \u201cIt\u2019ll likely take a few decades for all that to play out,\u201d he wrote. \u201cInfluencer moonboys who know nothing have been saying these things for 10 YEARS and look at the chart. It\u2019s at $2.23 right now.\u201d<\/p>\n<p>His broader technical read remains constructive. In a slew of <a href=\"https:\/\/x.com\/ChartingGuy\" target=\"_blank\" rel=\"noopener\">follow-ups<\/a> he highlighted that XRP is \u201cholding monthly Tenkan and Kijun perfectly,\u201d \u201cfighting between Kijun and Tenkan on weekly Ichimoku Cloud,\u201d and has \u201cheld weekly EMA Ribbon perfectly\u201d as well as the weekly Supertrend. Those confluences keep the medium-term structure intact, he implies, even if short-term volatility remains. On the daily timeframe he cautioned that XRP \u201cbroke out of channel, might come back to retest,\u201d a move that\u2014by his chart\u2014could <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-abc-pattern-top-analyst-6-50-targets\/\" target=\"_blank\" rel=\"noopener\">drag price briefly below $1.90<\/a> before the anticipated climb resumes.<\/p>\n<p>For Charting Guy, the disciplined approach is to respect those levels rather than chase grandiose numbers. \u201cThat lack of understanding will make these people miss bull-cycle tops and ride it down \u221250 to \u221290 percent every cycle when they can trade a big chunk of their bag each cycle and quit their 9-5 sooner,\u201d he said. \u201cI just try my best to be realistic and help people based on actual data in the charts, not some fairy tale a YouTuber told me.\u201d<\/p>\n<p>Related Reading: <a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-new-all-time-high-if-this-happens\/\" target=\"_blank\" rel=\"noopener\">XRP Will Print A New All-Time High If This Happens: Analyst<\/a><\/p>\n<p>While his $8 ceiling may disappoint the most fervent XRP believers, the target\u2014if hit\u2014would still mark the highest price in the token\u2019s history and a near-thirty-fold return from the bear-market lows. For now, traders watching the four-hour deviation bands will be looking first for confirmation of a push through $3, then $4.20, as the analyst\u2019s path to eight dollars begins to unfold.<\/p>\n<p>At press time, XRP traded at $2.33.<\/p>","protected":false},"excerpt":{"rendered":"<p>Chart technician \u201cCharting Guy\u201d told his audience that XRP\u2019s current four-hour structure suggests a measured climb toward a cycle peak near $8\u2014yet nothing higher. Displaying a BITSTAMP four-hour chart overlaid with multi-sigma deviation bands, he wrote that XRP is \u201cover this standard deviation and we likely move up quickly to the next one at the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-62513","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62513"}],"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=62513"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/62513\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}