$XRP XRP is consolidating around $2.30, showing signs of a potential major move based on long-term chart patterns.

Historical cycles suggest possible targets between $12 and $46, depending on how the current structure plays out.

The 21-month EMA remains a key level, with XRP’s recent 430% rise hinting at a possible retracement phase.

Average projections point to a potential price near $30, with $27 being a realistic mid-range estimate.

XRP is currently trading around $2.30, showing signs of consolidation after recent volatility. While the broader market remains uncertain, technical patterns on the monthly chart suggest XRP could be gearing up for a significant move. XRP Eyes Major Breakout as Historical Patterns Signal Potential Surge to $27–$46 4

XRP appears to be entering a critical phase that could lead to a substantial price move, according to insights from market watcher Egrag Crypto. By analyzing monthly chart patterns and drawing from XRP’s historical behavior, Egrag has identified what he calls the “Historical Drop Zone,” with potential targets ranging from $12 to $46. These projections are based on patterns observed during previous market cycles, each marked by significant drops followed by powerful rebounds.Egrag emphasizes that his approach is rooted in data, technical analysis, and long-term chart structures. He relies on the monthly timeframe to filter out short-term volatility and focus on broader trends. In past market cycles, XRP consistently followed a three-phase structure.#writetoearn