XRP Price Watch: Egrag Crypto Nails Critical Levels for Next Breakout ๐
Egrag Crypto has once again demonstrated remarkable precision in reading XRPโs market behavior. In a recent post on X, the analyst pinpointed $2.77 as a crucial support level, followed by $2.85 as the gateway to a potential bullish breakout. As the market unfolded, XRP dipped exactly to $2.77 before stabilizingโhighlighting the accuracy of Egragโs technical outlook.
โจ Why $2.85 Is the Key Level to Watch
Currently, XRP is trading in a tight range between $2.80 and $2.85, a zone that has become a battleground for momentum. According to Egrag, multiple four-hour closes above $2.85 are necessary to confirm a bullish continuation.
If this confirmation materializes, XRP could begin a steady climb toward near-term targets of $2.90 and $2.95, with a breakout zone between $3.07 and $3.13 in sight.
โ ๏ธ The Downside Risk if $2.85 Fails
Egrag also cautions traders about the risks if XRP fails to close above $2.85. A breakdown here could prompt a retest of the $2.77 support, and if that doesnโt hold, potentially deeper declines toward $2.65.
Analysts warn that slipping below $2.73โ$2.77 could accelerate selling pressure, triggering a broader correction phase for XRP.
Investors: Egragโs accurate call on $2.77 as an immediate test gives confidence, but investors should remain prepared for volatility in either direction as the market decides its next move.
The market has already validated the first part of this outlook, and the coming sessions will reveal whether XRP surges toward the $3.13 zone or retraces toward $2.65.
For now, all eyes remain on $2.85โthe line that will decide whether XRPโs bullish momentum carries forward or stalls.
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