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<ul class="news-points"> 
 <li>Analyst EGRAG CRYPTO predicted in a Twitter post that XRP could experience a “mega pump” soon.</li> 
 <li>The analyst pointed to XRP’s historical data and cycles to support his bullish thesis.</li> 
 <li>Over the past 24 hours, XRP’s price slipped by 0.33%, which left it trading at $0.5012.</li> 
</ul> 
A cryptocurrency analyst shared in a Twitter (X) post earlier today that <a href="https://coinedition.com/tag/ripple-xrp/" rel="noopener noreferrer nofollow">Ripple (XRP)</a> will likely “dump before the mega pump”. In his post, the analyst EGRAG CRYPTO referred to some of XRP’s historical data and cycles to support his “mega pump” theory. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> Dump Before the Mega Pump! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> If you missed the original post from May 22, 2023, check it out here <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/MOziHS0MhO" target="_blank" rel="noopener noreferrer nofollow">https://t.co/MOziHS0MhO</a> Let me break down the historical trends and share my insights: 1⃣ Cycle A: In this cycle, <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> closed above the Gaussian Channel while the… <a href="https://t.co/clsADCQ5Zs" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/clsADCQ5Zs</a>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1699310083388100857?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 6, 2023</a> 
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</figure> 
Twice before, XRP initially closed above the Gaussian Channel when it was in a red state. However, as it started declining, the channel turned green, and the price dropped to the lower boundary of the Gaussian Channel. 
In a more recent instance, XRP followed the pattern of previous cycle… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrps-price-could-dump-before-it-pumps-claims-popular-analyst/">‘XRP’s Price Could Dump Before It Pumps,’ Claims Popular Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

‘XRP’s Price Could Dump Before It Pumps,’ Claims Popular Analyst

Coin Edition

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