7 days ago
Prominent analyst EGRAG CRYPTO (@egragcrypto) recently shared a technical analysis on X, projecting a bullish trajectory for XRP in the coming months. The chart aligns XRP price movements with global liquidity, represented by the M2 money supply offset by 110 days. This time shift highlights a historical correlation suggesting that XRP may soon experience upward momentum. The chart depicts the XRP/USDT pair (blue line) overlaid with the M2 money supply (green line), demonstrating a pattern where liquidity drives price movement. According to EGRAG, “Global liquidity is on the horizon, so be prepared.” #XRP – The Global liquidity Indicator was tell us that the next 110 days is #bullish . Choppy in the mean time but it will be #Bullish for a #BlowoffTop and then the music will stop. The next Run make sure to take profits. Learn ur lesson. pic.twitter.com/P3Qsb3kGck — EGRAG CRYPTO (@egragcrypto) April 9, 2025 From the asset’s position on April 7, both M2 and XRP appear to be trending upward, with the M2 line already peaking, implying that the digital asset may follow suit in the weeks ahead. Critical Levels and Price Projections The analyst highlights a critical target level on the chart near the 1.618 Fibonacci extension, calculated at $6.569. This level is prominently marked and could represent a potential peak during the projected rally. At the time of his analysis, XRP traded around $1.76, and this target suggests a new all-time high for the digital asset and a substantial upside if the pattern holds. The potential for this massive increase reinforces the point made by another expert that buying XRP at current prices is a no-brainer . The analysis also labels an M2 Peak, visually indicating that XRP historically lags behind liquidity expansion. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This approach frames XRP as a reactive asset to macro liquidity shifts. The chart suggests the market may enter a bullish phase over the next 110 days (into late July and early August), potentially culminating in a rapid price escalation. Market Behavior and Strategy Advice While the projection is optimistic, EGRAG also offers caution, noting that price action may be volatile in the short term. He described the digital asset’s immediate future as choppy, aligning with the sentiment shared by other analysts that XRP will struggle this month before the expected bullish surge starts building. Furthermore, the analyst advises viewers to prepare for a climactic market phase and ensure they take profits at the right time. He stated that the next rally would result in a blow-off top—a rapid price increase followed by a sharp reversal. The message emphasizes strategic exits as the price rises rather than holding through potential reversals. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst to XRP Holders: “Global Liquidity Is on the Horizon, So Be Prepared” appeared first on Times Tabloid .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
‘The Bearish Structure Is Crumbling’: Analytics Firm Says a Historically Bullish Signal for Bitcoin Is Flashing
Crypto analytics firm Swissblock is saying that the bearish trend for Bitcoin ( BTC ) could be over. Swissblock says Bitcoin’s bearish structure is “crumbling” as the crypto king breaks out of a bearish compression pattern into a bullish quadrant – a price zone that signals likely upward price momentum. “Historically, this signals more upside, even a brief dip won’t stop it.” Source: Swissblock/X Swissblock says the price of Bitcoin held relatively steady earlier this week as equities were declining in value. According to the analytics firm, a low-risk regime favorable to risk assets is approaching, and that will provide a “perfect setup” for the crypto king. Swissblock, however, says that before going up, Bitcoin could fall by around 5% from the current level to about $80,000. Source: Swissblock/X The analytics firm further says that long-term holders of Bitcoin are holding firm and are not selling out of “fear.” Citing data from Swissblock Technologies, the analytics firm says that the worst sell-off by long-term holders has ended and was not as severe as what occurred in July and August of 2024. Source: Swissblock/X With regard to Bitcoin whales, Swissblock says that the holdings of the large holders of BTC have reached a one-year high after resuming the accumulation process this month. “Whales are back, nearing all-time high BTC holdings since the halving. Strong hands are accumulating faster, holding price but, of course, waiting for the best bid.” Source: Swissblock/X The fourth Bitcoin halving occurred on April 19th of 2024. Bitcoin is trading at $84,490 at time of writing. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Everyonephoto Studio/Chuenmanuse The post ‘The Bearish Structure Is Crumbling’: Analytics Firm Says a Historically Bullish Signal for Bitcoin Is Flashing appeared first on The Daily Hodl . TimesTabloid
Galaxy Digital Deposits 62,181 ETH ($99M) to Binance and Coinbase, Withdraws 150,221 SOL ($58M), Sells ETH for SOL
Over the past six days, Galaxy Digital has deposited a total of 62,181 Ethereum (ETH) tokens, valued at approximately $99.46 million, into cryptocurrency exchanges Binance and Coinbase. This includes a recent deposit of 12,500 ETH worth $20 million to Binance alone. Concurrently, Galaxy Digital has been withdrawing Solana (SOL) tokens from exchanges, with total withdrawals reaching $58 million since April 14 across Binance, Coinbase, and OKX. The firm has withdrawn an additional 150,221 SOL valued at nearly $20 million recently. Reports indicate that Galaxy Digital is selling over $50 million worth of ETH to acquire SOL. Additionally, Galaxy Digital has floated an inflation proposal amid these movements in their cryptocurrency holdings. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io TimesTabloid
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XRP To $50? Technical Analyst Lays Out The Roadmap
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