A crypto analyst has predicted that the XRP price could hit $27 soon. He describes the cryptocurrency’s current price action as a “ Bermuda Triangle or boredom phase” — a period where the market moves slowly or sideways, fuelling doubt and uncertainty among traders and investors before a price rally. 

XRP Price Boredom Phase To Trigger $27 Surge

Crypto analyst Egrag Crypto has warned that the XRP price is in a Bermuda Triangle, a boredom phase characterized by price stagnation and market uncertainty designed to shake out weak hands before a significant price move. According to his prediction, while traders and investors are growing impatient and questioning why XRP has not experienced any notable price increases, this phase is merely a set-up for a strong rally toward $27.

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Following a predicted downturn in mid-March, XRP has struggled to recover its bullish momentum. The cryptocurrency was one of the top-performing altcoins in this bull cycle, jumping from a $0.5 low to over $3 for the first time in seven years.

Due to the current market decline, Egrag Crypto revealed that many traders are now wondering why “XRP hasn’t mooned.” The analyst explained that this price decline was intentional, forcing investors to second-guess themselves and make emotional trading decisions. 

He also disclosed that the XRP market is now filled with ‘What ifs’, as Fear, Uncertainty, and Doubt (FUD) cloud traders’ minds. Moreover, concerns over potential dips to $1.60 or $1.30 could push investors to panic-sell or attempt risky trades. 

The analyst also revealed that the XRP market is currently controlled by sharks and larger players, also called Whales. These large holders tend to influence price movements, triggering stop-losses and shaking out weak hands before a major rally. 

Egrag Crypto warns that new investors and traders are especially vulnerable, as frustration and boredom can lead to making financial mistakes. He disclosed that the best strategy to implement during this current market phase is to do nothing. He suggested investors stay disciplined and patient, recognizing that boredom phases are normal in crypto market cycles. 

The analyst also urged investors to remain vigilant and hold their positions while accumulating at ideal prices rather than react impulsively to rapid changes in the market. 

XRP Breakout Point Hints At New ATH

In other analyses, market expert ‘Steph Is Crypto’ has announced that XRP is currently retesting breakout levels to trigger a surge to a fresh ATH. The analyst’s price chart shows a Falling Wedge pattern which has been broken above the resistance at the upper trend line. 

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After breaking out, XRP now retests this level to confirm a larger upward move. The large green arrow on the chart points to the cryptocurrency’s projected price target, suggesting a bullish continuation if the Falling Wedge breakout holds. 

XRP’s upside potential is predicted to be $4 or higher if its bullish momentum is maintained. As of writing, the cryptocurrency is trading at $2.4, reflecting a 3.5% decline in the last 24 hours, according to CoinMarketCap. If its price rises to $4, it would represent a significant 66.7% increase from current levels.

Featured image from Unsplash, chart from Tradingview.com

The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that Shiba Inu recently reached 1.5 million holders while its Shibarium recorded 10 million blocks, an indicator that the SHIB ecosystem could attract new users.

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1.5 Million SHIB Holders

Crypto analysts revealed Shiba Inu successfully achieved a major milestone, offering a bright spot for the broader cryptocurrency market which has faced some challenges recently.

The project’s marketing lead, LUCIE noted that the meme coin hit 1.5 million holders on March 18, reaching such a milestone is an important achievement for any crypto.

As of writing, about 843 new holders have joined the Shiba Inu ecosystem, indicating that the token remained attractive to traders.

SHIB has reached 1.5 million on-chain holders! pic.twitter.com/sKaAO57R6I

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 18, 2025

Analysts believe that Shiba Inu’s milestone suggests continued interest in the meme coin, fueling the token’s significant growth. It also showed a bullish outlook on the meme coin.

Market observers said that the milestone might signify the unwavering belief of its community in the token.

10 Million Blocks For Shibarium

Meanwhile, Shiba Inu’s Ethereum Layer 2 network, Shibarium also recorded a win after surpassing 10 million blocks with an estimated 10,010,974 blocks as of press time.

Crypto analysts said that this achievement is proof of the network’s longevity and reliability, adding that it could entice more new users.

Market observers noted that the network has experienced exponential growth in total addresses in the last few weeks as it now tallies almost 175 million.

Shibarium’s growth is crucial in burning SHIB tokens and a major price control mechanism. Many investors are optimistic that diminishing supply and solid demand might send the token to surge. Shibarium played an essential role in burning around 713 million SHIB.

Unmoved By The Crypto Downturn

Many analysts say that milestones achieved by Shiba Inu and Shibarium offer a great deal of hope to investors, considering the ongoing downtrend in the cryptocurrency market.

For instance, Shiba Inu tanked by about 68% in the last four months, dipping from a high of $0.00003343 in December 2024 to a low of $0.00001082 in March 2025.

On the other hand, some analysts raised their concern about Shiba Inu underperforming the competition, noting that the token only increased by 98% following the US presidential election, while the Dogecoin skyrocketed by 200%.

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Currently, Shiba Inu is traded at $0.00001288 per token, down by 0.2% in the past 24 hours with a total market cap of over $7.5 billion.

Featured image from Getty Images, chart from TradingView

Tron (TRX) founder Justin Sun has staked $100 million worth of Ethereum (ETH), according to the blockchain analytics platform Arkham.

Arkham notes that Sun’s staked ETH will yield $3 million worth of Ethereum per year in passive income.

In addition to staking ETH, Sun also teased that Tron’s native asset, TRX, would soon be available on the Ethereum competitor Solana (SOL).

Sun, a polarizing figure in the crypto community, says it is currently “Tron meme szn [season].” He also notes that the issuance of top stablecoin USDT on Tron recently reached a new all-time high of $64.7 billion.

The U.S. Securities and Exchange Commission (SEC) recently paused its civil case against Sun. According to recent court filings, the Tron founder and the regulatory agency jointly asked United States District Judge Edgardo Ramos if they could “move to stay [the] case to allow the parties to explore a potential resolution.” Ramos granted the application a day later.

In 2023, the SEC accused Sun – who went on to invest millions of dollars into President Donald Trump’s decentralized finance platform World Liberty Financial – and his crypto firms of fraud, selling unregistered securities and manipulating the price of the digital asset TRX via wash trading.

TRX, a layer-1 asset, is trading at $0.23 at time of writing. The 10th-ranked crypto asset by market cap is down nearly 1% in the past day but up nearly 3% in the past week.

ETH is trading at $2,033 at time of writing. The second-ranked crypto asset by market cap is up nearly 7% in the past 24 hours and more than 8% in the past seven days.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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