{"id":3525,"date":"2025-03-16T06:00:28","date_gmt":"2025-03-16T06:00:28","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/xrp-price-to-110-bollinger-bands-creator-reveals-why-it-will-become-a-market-leader\/"},"modified":"2025-03-16T06:00:28","modified_gmt":"2025-03-16T06:00:28","slug":"xrp-price-to-110-bollinger-bands-creator-reveals-why-it-will-become-a-market-leader","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/xrp-price-to-110-bollinger-bands-creator-reveals-why-it-will-become-a-market-leader\/","title":{"rendered":"XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader"},"content":{"rendered":"

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.\u00a0<\/p>\n

Analyst Predicts New XRP Price Target To $110<\/h2>\n

In a rather lengthy X (formerly Twitter) post<\/a>, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure<\/a>. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value.<\/p>\n

Firstly, Egrag Crypto outlines XRP\u2019s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase.<\/p>\n

In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern<\/a>, the analyst has predicted a potential price breakdown for the cryptocurrency.\u00a0<\/p>\n

\"XRP\"<\/p>\n

Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase<\/a> would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.\u00a0<\/p>\n

For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3\u2019s price high. This correction would mark a 65% drop from Wave 3\u2019s peak, bringing the cryptocurrency\u2019s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.\u00a0<\/p>\n

Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.\u00a0<\/p>\n

Bollinger Bands Creator Says The Asset To Become Leader<\/h2>\n

In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted<\/a> XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles.<\/p>\n

Considering its legal battles with the US SEC<\/a> and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit<\/a>. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap.<\/p>\n

\"XRP\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.\u00a0 Analyst Predicts New XRP Price Target To $110 In a rather lengthy…<\/p>\n","protected":false},"author":1,"featured_media":3526,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[140],"tags":[220,1910,1423,1677,1063,1809,1911,149,1912,1913,148,326,327,151,152],"class_list":["post-3525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-altcoin","tag-bollinger-band","tag-coinmarketcap","tag-double-bottom","tag-egrag-crypto","tag-elliot-wave","tag-john-bollinger","tag-ripple","tag-us-sec","tag-wave-2","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=3525"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/3525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/3526"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=3525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=3525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=3525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}