$XRP Dominance Chart Signals Potential Breakout — Analyst Targets 31% Market Share

XRP’s dominance in the cryptocurrency market is once again in the spotlight after EGRAG CRYPTO shared a new technical chart on X (formerly Twitter) that has caught the attention of traders worldwide. The analysis outlines key Fibonacci retracement levels that could signal XRP’s next major move — potentially echoing the coin’s meteoric rise during the 2017–2018 bull run.

If these projections hold, XRP could be on track to reclaim dominance levels not seen in years, potentially shaking up the altcoin market.

XRP Dominance: A Leading Indicator for Price Action

Market dominance represents the percentage of the total cryptocurrency market capitalization held by a single asset. For #XRP , dominance can often serve as a leading indicator, providing hints about price direction before other market participants catch on.

EGRAG’s chart compares XRP’s current dominance levels with historical highs and lows, mapping them against Fibonacci retracement lines to pinpoint likely resistance and confirmation points.

According to the analyst, monitoring $XRP dominance — not just its price — can give traders early entry signals before major moves begin.