The popular cryptocurrency analyst, going by the X (Twitter) handle EGRAG CRYPTO, presented an XRP chart, according to which the asset could spike to a 5-year high of $2.

In the lines below, we will outline the details of the analysis and summarize other predictions from different experts.

‘Brace Yourself for the $2 Range’

EGRAG CRYPTO’s chart depicts five “strategic and profound takeaways” that could help individuals better understand the XRP journey so far.

They spoke about a “ZONE A,” depicting when the asset’s price hovered between $0.00485 to $0.02483. It is worth noting that XRP never crumbled below the “Steel Foundation” ($0.00485 to $0.00596) during previous “brutal bear markets.”

On the other hand, it plunged under the “Steel Foundation” of “ZONE B” ($0.25939 to $1.61880) on three occasions during the ongoing crypto winter.

The analyst argued that the $0.80-$0.85 rage is a “historical battleground” for XRP as it managed to reach that level in mid-July when Ripple secured a partial court win against the US SEC.

EGRAG CRYPTO believes it is “crystal clear” that the next time we witness one monthly greed candle closing above $0.83, “it will mark the birth of the next Steel Foundation.”

“In plain English, you might never acquire XRP for less than $1 in you