XRP Price Will First Experience a Mega Dump and Then a Mega Pump, According to Analyst EGRAS CRYPTO

Crypto News – Ripple (XRP) will probably dump before the massive pump, according to a cryptocurrency expert who wrote about it in an X post earlier today.

XRP Price Will First Experience a Mega Dump and Then a Mega Pump, According to Analyst EGRAS CRYPTO

The analyst EGRAG CRYPTO supported his mega pump theory in his post by citing some of the historical data and cycles for XRP. Analyzing the movements of the Gaussian channel, the analyst also commented on the XRP price based on historical data.

Observations of EGRAS CRYPTO

Before, while it was in a red state, XRP twice closed, at first above the Gaussian Channel. The price sank to the bottom boundary of the Gaussian Channel as it began to decline, though the channel became green.

In a more recent occurrence, XRP broke above the Gaussian Channel while it was in the red phase, continuing the trend of earlier cycles. But as it descended, the hue changed to green, and it is now maintaining its position above the Gaussian Channel’s midway.

With a market value of $26,534,752,107, XRP is the fifth-largest cryptocurrency by market cap. The mega dump before the mega pump that EGRAG CRYPTO predicted may have occurred, but only time will tell.