Crypto analyst Tom has stated that a predicted XRP rally to $21.5 is not a gamble and is certain to happen. He explained that a measured move is coming for the altcoin, which will push its price to this $21 target.
XRP Eyes Measured Move To New ATH Of $21.5
In a post on X, Tom said XRP is set for a measured move to a new all-time high (ATH) of $21.50, which is also his second take-profit level. The analyst revealed that he held XRP when it was trading at $0.30 and kept holding until it reached its current ATH of $3.84.
Related Reading: XRP Analyst Reveals The Question No One Asks And Why It’s Important Now
Now, the analyst is holding the token again, aiming for higher prices for XRP. He pointed out some positives as the token targets $21.50, noting that the 3-week golden cross has triggered. Additionally, Tom mentioned that the current base is a 1:1 fractal of the 2014 to 2017 cycle, and that volume is lower than the last cycle’s bottom, with supply gone.
In another post on X, the analyst repeated his bullish outlook for XRP, citing the CLARITY Act as a catalyst that could spark a rally. His accompanying chart showed that the altcoin could reach $2.8 by July, around the time the crypto bill might pass. The bill is good news for XRP because it would provide regulatory clarity by classifying XRP as a commodity.
Crypto analyst Michael also shared similar views on XRP, saying a parabolic rally could start at any time. He declared that this will be the biggest breakout of the year, as the altcoin has already bottomed.
XRP Yet To Bottom Despite Recent Relief Rally
Crypto analyst Egrag Crypto has indicated that XRP hasn’t bottomed yet, despite its recent rally above $1.4. In a post on X, he said the weekly chart shows a very interesting pattern of diminishing downside relative to the 200 SMA. He noted that during the first major cycle low, XRP bottomed about 60% below the 200 SMA. Meanwhile, during the second major cycle low, the token bottomed about 40% below the 200 SMA.
Related Reading: XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic
Applying the same pattern of diminishing downside, the analyst said the next major low could be 20% below the 200 SMA, which would mean a price target of $0.93. Egrag Crypto stated that this idea isn’t unreasonable because mature assets tend to have less downside volatility and smaller capitulation percentages. Such assets are also said to have stronger macro support structures and more institutional liquidity stabilization.
At the time of writing, the XRP price is trading at around $1.45, up over 2% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com
Frequently Asked Questions
Here is a list of FAQs based on the premise that XRP reaching 215 is a steady calculated move rather than a gamble
BeginnerLevel Questions
Q Is this just another moon boy prediction or is there real logic behind the 215 target
A According to the analyst this isnt a random guess They argue its based on technical chart patterns and historical market cycles suggesting a slow steady climb rather than a sudden spike
Q What does steady move mean in this context
A It means the analyst expects XRP to increase in value gradually over time with minor ups and downs rather than skyrocketing overnight and crashing Think of it like a longterm investment not a lottery ticket
Q If its not a gamble what makes them so sure XRP will go to 215
A They arent 100 sure but they believe the risk is lower because the price movement is supported by strong market trends and trading volume not just hype They see it as a highprobability event
Q Im new to crypto What does this mean for me as a beginner
A It suggests that if you buy XRP you shouldnt expect to get rich overnight The analyst is saying you should be patient and prepared for a longterm hold potentially years to see that price
Intermediate Advanced Questions
Q What specific technical indicators support the 215 target
A The analyst likely points to a bull flag or ascending triangle pattern on the weekly chart combined with increasing trading volume They also look at Fibonacci extension levels which are tools used to predict where a price might go after a breakout
Q How does the 215 target account for legal or regulatory risks like the SEC lawsuit
A The analyst assumes the legal uncertainty is mostly priced in A steady move would only happen if the market believes the lawsuits resolution is favorable or no longer a major threat Its a bet that the bad news is over
Q Whats the biggest risk to this steady move scenario