Ripple Analyst Warns: XRP Set to Hit New ATH Within 90–120 Days, as Solaxy Nears $30M Mark

The XRP price definitely got hit during the current market bloodbath. It’s down 11% this week and after losing $2.30 and $2.20 supports, it’s now trading around $2.10.

However, since Ripple has one of the strongest communities in crypto, positive XRP price predictions are floating around on X daily. One of the elite XRP analysts ‘EGRAG CRYPTO’ just released another viral Ripple chart.

EGRAG’s Analysis Points to New All-Time High

The XRP chart shared by EGRAG CRYPTO shows compelling technical patterns that suggest Ripple’s token could be on track for a big price movement. The analysis focuses on the RSI (Relative Strength Index), where a blue line represents the momentum indicator and a yellow line appears to be its moving average.

What’s particularly interesting is how EGRAG identified similar historical patterns from the 2017 and 2021 bull runs. Both periods featured two-wave structures with key RSI breakout moments that preceded significant price increases.

The timing intervals seem to follow a consistent pattern. In 2017, the second peak arrived approximately 120 days after the breakout, while in 2021, it took about 90 days. EGRAG believes the same RSI structure is forming again, projecting two potential windows for a new all-time high: around June 1, 2025 (based on the 90-day pattern) or mid-to-late July 2025 (following the 120-day timeframe).

A few resistance zones appear on the chart, with near-term targets at $66.00, $70.00, and $76.31, while potential ATH zones are marked at $85.17, $88.00, $89.00, and $96.19. Currently, the XRP price sits about 44% below its all-time high of $3.84.

Read also: Beyond Ripple’s SEC Victory: Here Are the Reasons XRP Price Could Soar to $100

If Not XRP – Is Solaxy the Best Altcoin to Buy Now?

XRP’s chart looks solid and it might reach a new ATH in 2025, but if you’re looking for a high risk, high reward token, SOLX might be worth considering. It’s the first layer-2 solution ever built on Solana, and its presale is going strong. With the token priced at just $0.001678, the project is closing in on $30 million raised.

We saw something similar with Pepe Unchained last December. As Ethereum’s layer-2, it raised over $60 million in presale and then jumped 8x after launch. Solaxy could follow a similar path when it launches in a few weeks, maybe even performing better.

Solaxy helps Solana handle more transactions faster and more reliably. It connects Solana with Ethereum, so users can move assets between both networks easily. By taking some of the transaction load off Solana’s main chain, everything runs smoother, even when networks get busy.

The platform bundles transactions together to process them more efficiently, cutting costs and increasing speed. It also has tools to monitor network activity and spot potential issues before they cause problems.

Solaxy Dev Update

The Solaxy team just rolled out some big improvements to make transactions faster and handle more data. They’ve added something called “Soft Confirmations” to the system.

They borrowed a new sequencer design from the Sovereign SDK and integrated it into Solaxy. This means users will see their transactions confirm much quicker now, as the system can validate them before they even reach the full rollup process.

The update also gives users flexibility – you can now easily switch between the standard confirmation system and this new faster one, depending on what works best for your needs.

These changes should make Solaxy run smoother and handle more transactions per second, which is exactly what a layer-2 solution needs to succeed.

For DeFi users who need stable and scalable solutions, Solaxy offers some real advantages. Its ability to work across both Solana and Ethereum opens up more opportunities than staying on just one blockchain.

All in all, SOLX token could potentially be the next big thing in crypto this year.

Read also: $1,000 in Pi Coin or Solaxy (SOLX): AI Picks the Altcoin With Better Return Potential

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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