Is XRP Price Set for a June Surge? Experts Aim for Major Increase in 2 Months
A comprehensive XRP price evaluation suggests that a significant surge might be imminent for Ripple’s value within two months. Here’s what you need to understand about XRP cryptocurrency.
Recently, the crypto asset markets have faced severe turbulence due to a significant de-risking incident, coinciding with today’s much-anticipated ‘Liberation Day’, when President Trump is likely to implement extensive global trade tariffs.
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However, as alternative coin investors predicted a global trade conflict, a survey conducted on Reddit’s /r/Cryptocurrency indicates that 60% of participants feel the prevailing uncertainty isn’t fully ‘priced in’ to the market – reflecting a prevailing downtrend mood.
XRP Crypto Expert Foresees Huge Ripple Bull run in Just 2 Months
Despite the ongoing challenges and worries regarding trade repercussions, one XRP crypto expert, EGRAG Crypto, forecasts a significant breakout in XRP prices by June.
In his latest prediction for Ripple’s price, the analyst has recognized a quickly surfacing historical pattern that first emerged in the Ripple chart back in 2018.
#XRP – $27 In 60 Days!!!!!
Historical Patterns Suggest It Can Be Achieved in 60 Days!
What are your thoughts on the current crypto market feelings?
Do you lean towards #Bearish or #Bullish?
I would love to get your feedback—please leave your comments below!
pic.twitter.com/kDSAo8rENt
— EGRAG CRYPTO (@egragcrypto) March 31, 2025
The initial occurrence of this pattern triggered a swift pump for XRP, eventually peaking at the 2018 all-time high of $2.44.
Nevertheless, replicating the 13x increase seems improbable, as reaching this at the current price would necessitate a trillion-dollar influx; following crypto halving principles, a 6.5x increase is a possibility.
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XRP Price Assessment: What Is the Ripple Price Positioning on Trump Tariff Liberation Day?
Examining the daily chart, Ripple is trading at a market price of $2.11 (indicating a -1.27% drop over the last 24 hours).
This is occurring amidst a protracted lateral movement, which has consistently remained between the accumulation zone (green) and the distribution zone (red) for five months since November.
(XRPUSDT)
Such extended lateral movements typically signify substantial consolidation observed over a multi-month timeframe, potentially indicating an impending upward movement.
A review of the RSI indicator shows ample upward potential, with the momentum indicator’s low reading at 40 likely indicating a forthcoming re-test of $2.50.
In the meantime, XRP’s price activity remains well above the rising 200DMA, which should act as a solid price floor level during any panic-driven sell-offs amidst trade conflict fears in the short term.
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Key Insights
- Ripple’s price is situated in a multi-month consolidation, suggesting that upside movement is imminent.
- Noted non-BTC crypto analyst EGRAG Crypto has identified an XRP price pattern forecasting a surge in 2 months.
- XRP’s technical framework remains robust, with considerable upward potential indicated on the RSI metric.
- As retail investors prepare for the impending Trump Tariff Liberation Day event, the 200DMA serves as a safety net for XRP price, reducing risk exposure.
The article Is XRP Price Heading for June Explosion? Analysts Target Mega Price surge in 2 Months first appeared on 99Bitcoins.
