$XRP Market Strategist for XRP Holders: Prepare for This 200% Candle
$XRP Cryptocurrency analyst Egrag Crypto has provided a new technical perspective for XRP, focusing on a critical price range between $3.077 and $3.40.
According to his chart, XRP is currently trading near $2.877 and is positioned at a decisive level. He emphasized that a close above $3.077 could increase the likelihood of testing the resistance at $3.40, which he identified as an important zone for further bullish momentum.
The analysis also indicates that surpassing these levels could set the stage for a potential significant upward move, with Egrag pointing to a target of $6.129. This projection represents a gain of around 200% from the current price levels.
The chart includes Fibonacci extension levels, with the areas of $3.918, $5.568, and $9.228 highlighted as possible future targets if XRP maintains its strength.
✨Market Context and Potential Outcomes
Egrag's chart illustrates how XRP has been consolidating after recent moves in 2025. The price is trading above key moving averages, which he uses to support his bullish case. The immediate goal is for XRP to maintain momentum above $3.077 and then confirm a breakout above $3.40.
If XRP achieves these breakouts, the technical projection points to the possibility of a rapid upward price acceleration. Egrag labels this scenario as a "200% candle," referring to the sharp appreciation in a relatively short period once these levels are surpassed.
However, he also reminds viewers in his chart disclaimer that such targets are based on simulations and require careful consideration, as the cryptocurrency market remains highly volatile and is not fully regulated.
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