EGRAG CRYPTO, a well-known market analyst, believes that the chart is very clear and he has predicted a specific price level. According to him, there is a threshold indicating whether Ripple's XRP is on the rise or about to lose momentum. This is not guesswork or showboating. It's about reading the signals that the chart keeps hidden.
Ripple and the XRP token have gone through a volatile year. The price of XRP surged high, then fell back, and is currently trading at around $3. Just that alone is enough to attract attention. However, what makes this moment even more intriguing is what is happening behind the scenes.
EGRAG CRYPTO has posted a new update to clarify further. He points out that $2.73 is not just a line on the chart. He calls it a macro support level. This means that if the price of XRP remains above $2.73, the overall trend is still maintained. When XRP fell to this area earlier this year, buyers stepped in and the price bounced back. That’s why he believes $2.73 is a level that needs to be closely monitored.
He also mentioned that $3.30 is the main target. According to him, "Our goal is very clear: $3.30. Any daily close below this level is just noise. The real signal will appear when the price closes above $3.30." In other words, that is the price level that could confirm XRP is ready for the next big move.
When looking at EGRAG CRYPTO's chart, you will see a few important areas. The most obvious area is the macro support band in yellow, ranging from $2.48 to $2.73. This area has repeatedly acted as a safety net for the price of XRP. It's like a safety net for a tightrope walker - you don't want to fall.
There is a downward sloping yellow channel in the upper right corner. This is a classic flag pattern. Simply put, it shows that the price is resting after a strong rally. Imagine it like an athlete catching their breath before the final sprint. This channel leads directly to the $3.30 area - a level EGRAG calls the "magic zone."
Another noteworthy point is the green volume chart on the right side of the chart. The large green line at $2.50 indicates that XRP has been bought and sold a lot in the past. This price level often acts like a magnet or a shield. If the price drops to that area again, it could attract strong buying pressure.
EGRAG CRYPTO also notes another safety threshold at $2.05. This level is where the long-term trend line and historical support band meet. If things don't go as expected, this will be the final fortress.
EGRAG's tone is calm but focused. He advises followers not to be distracted by any small red candles. In his view, the market is volatile. Prices change daily, but what matters is the overall picture. That’s why he always says: "Be steadfast and strong."
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