Three Profit Taking Zones for XRP

EGRAG outlined three zones where he believes taking profits makes the most sense. The first, between $4 and $6, aligns with inverse Fibonacci levels and is where he expects many long-term holders to start selling. He considers this the 'highest selling' region.

The second zone, ranging from $11 to $13, is based on Elliott Wave theory. Wave 5, he explains, often mirrors Wave 1 or equals 61.8% of Waves 1 and 3 combined. EGRAG calls this the 'most likely' zone, making it his primary target.

The final and highest zone lies between $27 and $30. Based on an alternative wave count starting from March 2020, he sees XRP in a massive Wave 3, projecting a high of 1,750% from the lows using Fibonacci extensions. Although ambitious, this level represents the full potential of XRP's long-term structure.#BTCReserveStrategy