- XRP has held above $3, with chartist Egrag Crypto pointing to its RSI “Cycle of Three,” where past cycles led to major blow-off tops.
- The current setup suggests RSI could hit extreme levels of 80–97, a zone that historically coincided with explosive price rallies.
- If history repeats, XRP could break beyond its $3.65 high toward $4, $5, or even double digits—though extreme RSI also risks signaling a cycle top.
XRP has been holding its ground above $3, moving in sync with the broader crypto market. But according to chartist Egrag Crypto, things are about to get way more interesting. His analysis points to XRP’s monthly Relative Strength Index (RSI) entering what he calls the Cycle of Three—a repeating pattern that could push the token well into double-digit prices if history decides to rhyme.
The Three-Part Cycle: Pump, Correction, Blow-Off Top
Egrag explains that XRP’s RSI has always danced in the same rhythm. First comes the big pump, then a cool-off correction, and finally the blow-off top that sends prices screaming higher. We saw this play out in both 2017 and 2021, though the latter was a bit muted thanks to Ripple’s legal troubles at the time.
Now, in Cycle 3, the first two stages are already checked off the list. The pump happened, the correction dragged on, and now the setup looks primed for the final blow-off phase. According to Egrag, RSI could shoot as high as 80, 87, or even a monster 97. If that happens, XRP could be staring down one of its strongest overbought signals in history.
What That Could Mean for XRP’s Price
If you go back to 2017, XRP’s monthly RSI blasting above 90 coincided with its rocket climb from under 10 cents to more than $3.40. Today, the token has already tapped $3.65, a fresh all-time high, but if RSI keeps climbing into those extreme zones again, the case for $4, $5, and possibly double digits starts looking a lot less crazy.
Of course, there’s the flip side. RSI readings that high could also mean XRP is topping out for the cycle, flashing a warning for traders who think the party never ends. At the moment, XRP’s monthly RSI sits around 73—already hot, but not overheated. The token itself trades near $3.12, hanging steady before the next big move.