Is XRP the New Gold? Analyst Predicts a Dazzling 1,000% Surge! 💰✨

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Oh, darling, gather ’round! A rather audacious analyst has made a rather cheeky proclamation about XRP, suggesting it might just outshine the illustrious Philadelphia Gold and Silver Index. Can you imagine? Gold, the age-old symbol of wealth, being upstaged by a digital coin? How positively scandalous! 💃

Our dear Egrag Crypto, with all the flair of a seasoned performer, predicts that XRP could soar by a staggering 1,000% against the glittering gold and silver index, reminiscent of its dazzling performance back in 2017. One can only hope it doesn’t trip over its own feet! 🎭

A Looming Crypto Run

In a rather theatrical post, the market analyst Egrag Crypto has noted that the stars are aligning for a bull run that could rival the grandest of productions. “XRP / XAU: 1000% Possible Candle?” he quipped on his X account, as if he were announcing the next big show in town. 🎤

#XRP / #XAU: 1000% Possible Candle?

Not many are analyzing the #XRP / #XAU pair, but darling, the chart looks positively primed for a bounce! Let’s break it down:

1⃣ Understanding the Pair
This analysis focuses on #XRP / #XAU, not against the US Dollar. If #XAU decreases in #USD terms, the…

— EGRAG CRYPTO (@egragcrypto) February 10, 2025

Egrag has taken a magnifying glass to the performance of XRP against the Philadelphia Gold and Silver Index, showcasing the XRP/XAU pair as if it were the latest fashion trend. How avant-garde! 🕶️

“If XAU decreases in #USD terms, the price of XRP in terms of #XAU will increase, impacting its dollar value directly,” the market analyst explained, as if he were revealing the secret to eternal youth.

Current Setup Mirrors 2017 Rally

Our dear Egrag has also suggested that the current state of XRP is reminiscent of its 2017 escapade. “I theorize that the three green candles we saw in 2017 have been replicated, albeit with a different degree of growth,” he mused, sounding like a fortune teller at a carnival. 🎪

For those not in the know, the gold and silver index is traded on the Philadelphia Stock Exchange, tracking the stocks of 30 precious metal mining firms. It’s all very glamorous, really! 💎


XRP Could Hit $28.5

In a dazzling twist, Egrag has declared that if XRP were to repeat its 1,000% spike, it could push the price of the XRP/XAU pair to a jaw-dropping $9.83 billion. One can only imagine the champagne corks popping! 🍾

With such a valuation, XRP’s market capitalization could reach a staggering $1.64 trillion, assuming the index remains at $167.39. This would lead to XRP being traded at a fabulous $28.5. How utterly delightful! 🎉

Altcoin Bounces Off

In a final flourish, Egrag noted that XRP seems to have bounced back from a rather dramatic collapse this month, recovering from a low of $1.7. “Nice Bounce: #XRP / #XAU has bounced forcefully from the equilibrium stage,” he declared, as if announcing the return of a beloved star to the stage.

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2025-02-18 00:24