A
crypto
analyst
identified
as
‘Egrag
Crypto’
has
recently
taken
to
X
(formerly
Twitter)
to
issue
a
warning
to
XRP
investors
regarding
a
potential
bear
market
that
could
trigger
a
massive
correction
for
the
price
of
XRP.
XRP
Holders
Prepare
For
More
Declines
In
2025
According
to
Egrag
Crypto,
XRP
is
expected
to
enter
a
steep
bear
market
stage
in
2025.
The
analyst
based
his
predictions
on
a
technical
analysis
tool
he
called
the
“Gaussian
Channel,”
revealing
three
distinct
technical
phases
for
XRP,
including
a
Green
A,
Green
B
and
Green
C
phase.
Related
Reading
He
noted
that
the
bearish
phase
in
Green
A
had
already
been
completed.
However,
the
Green
B
phase
is
expected
to
end
by
June
2025,
and
Green
C
is
anticipated
to
conclude
by
January
2025.
The
analyst
further
emphasized
that
the
aforementioned
dates
do
not
represent
cycle
tops
but
indicate
the
beginning
of
a
“deep
bear
market
phase.”
X
He
also
revealed
that
the
Gaussian
Channel
was
a
technical
analysis
tool
used
to
visualize
price
movements
of
cryptocurrencies
around
a
mean
average
price.
The
purpose
of
the
tool
is
to
help
identify
volatility,
risks,
and
certain
support
and
resistance
levels.
Additionally,
analyzing
the
historical
trends
and
durations
of
the
green
phases
provided
by
the
Gaussian
Channel
provides
valuable
insights
that
can
be
used
to
interpret
future
price
movements.
Presently,
the
price
of
XRP
has
remained
relatively
unchanged
for
the
past
few
months,
primarily
consolidating
around
the
$0.5
mark
without
witnessing
any
significant
momentum.
This
lackluster
performance
can
be
attributed
to
the
ongoing
legal
challenges
the
cryptocurrency
has
faced
with
the
United
States
Securities
and
Exchange
Commission
(SEC)
over
the
past
four
years.
While
Egrag
crypto
anticipates
more
bearish
sentiment
for
XRP
in
the
coming
year,
the
crypto
analyst
also
suggests
that
the
next
3
to
12
months
could
present
critical
trading
opportunities
as
the
market
evolves.
He
cautions
XRP
holders
to
remain
vigilant
and
prepared
for
potential
market
volatility,
which
could
lead
to
a
“life-changing
window.”
Analyst
Highlights
XRP’s
Resilience
In
a
previous
X
post,
Egrag
Crypto
maintained
an
optimistic
outlook
for
the
price
of
XRP.
He
emphasized
the
cryptocurrency’s
strength
and
resilience,
noting
that
XRP
was
indicating
strong
bullish
signals
in
its
price
fundamentals.
X
Related
Reading
He
revealed
that
if
XRP
can
maintain
a
critical
position
within
the
“Launching
Channel,”
a
trading
pattern
identified
by
partial
wicking
candles
and
ascending
consolidation,
the
cryptocurrency
could
see
its
value
potentially
surging
to
$6.4.
Related
Reading
At
the
time
of
writing,
the
price
of
XRP
is
trading
at
$0.51,
reflecting
an
increase
of
3.51%,
over
the
past
24
hours,
according
to
CoinMarketCap.
Egrag
Crypto
has
advised
the
broader
XRP
community
to
remain
“calm
and
steady,”
as
the
next
three
to
six
months
could
present
significant
opportunities
for
investors.
price
recovers
with
broader
crypto
market
|
Source:
XRPUSDT
on
Tradingview.com
from
Tradingview.com
Go to Source
Author: Scott Matherson