Taj Umar

$XRP Egrag Crypto, a well-known market analyst, has zeroed in on a decisive setup forming on XRP’s three-day chart. In a recent post on X, he noted that the token is breaking out of a symmetrical triangle pattern that signals an even 50-50 chance of moving higher or lower.
What matters now, he stressed, is whether XRP can close the current three-day candle with its body above $3.07 within the next 48 hours. That single technical confirmation could determine whether momentum continues upward or fades.
✨Technical Picture on the Three-Day Chart
The symmetrical triangle forming on XRP’s higher timeframe shows a classic period of price compression, where buyers and sellers reach a temporary stalemate before the next significant move. Analysts point out that the upper edge of this triangle, along with nearby moving averages, sits right around the $3.07–$3.13 region.
As of report time, XRP is trading at $3.16, keeping it within striking distance of a bullish confirmation zone. Market observers agree that a firm close above this level would convert short-term resistance into support and signal that bulls are regaining control.

✨Why the Next 48 Hours Matter
Egrag Crypto’s timing is deliberate. A three-day candle that closes decisively over the triangle’s upper boundary is the catalyst traders are waiting for. A close with the body—not just the wick—above $3.07 would indicate that buyers have seized momentum and that a stronger upward leg could follow.
Failure to hold that level, however, would leave the breakout unconfirmed and raise the likelihood of a drop back toward the triangle’s lower boundary, where key support and moving averages converge.
✨Confirmation Signals and Market Risk
Volume is the critical filter for distinguishing a true breakout from a false one. A surge in trading volume alongside a candle close above $3.07 would provide the clearest evidence that the move is genuine.
Traders looking for defined risk typically watch the lower trendline of the triangle—or the most recent swing lows—as their invalidation point. This disciplined approach helps manage exposure if XRP fails to maintain its breakout.
✨Outlook for XRP
Egrag Crypto’s analysis underscores that the coming two days are pivotal. A strong close above $3.07, supported by rising volume, could open the door to the next sustained rally. Without that confirmation, XRP may remain trapped in its current range and invite another test of lower support.
For market participants, the message is clear: the next 48 hours on the three-day chart could decide whether XRP’s next major move is higher or lower.

$XRP Financial expert Levi Rietveld recently shared a video in which he examined the Securities and Exchange Commission’s latest initiative on cryptocurrency regulation.
According to the Financial expert, the SEC has unveiled a new rulemaking plan designed to reform the way digital assets are regulated in the United States. He emphasized that this development is “insanely massive,” noting that the regulatory update could create new opportunities for institutional involvement in the sector.
Rietveld explained that the rulemaking would pave the way for Wall Street to participate in activities such as initial coin offerings, initial decentralized offerings, and large-scale pre-sales of digital tokens. He argued that this regulatory clarity would allow traditional financial institutions to raise capital for their own blockchain-based projects through crypto mechanisms.
✨Integration with Major Blockchains
In the video, Rietveld highlighted how these institutional projects will be hosted on existing blockchain infrastructures. He noted that while Ethereum could serve as the initial platform for many token launches, over time, these assets, particularly stablecoins, would extend to other networks. Specifically, he mentioned the XRP Ledger, Solana, and the Binance Smart Chain as ecosystems likely to support the cross-chain expansion of such projects.
He pointed to the cross-chain capabilities as a decisive factor that could attract significant inflows into these networks. According to Rietveld, the magnitude of institutional participation enabled by the SEC’s rulemaking could result in “trillions of dollars” flowing into the crypto sector, with XRP positioned as a key network to benefit from this development.
✨Community Reaction and Market Performance
While Rietveld expressed strong optimism about the implications of the SEC’s regulatory framework, not all observers shared his outlook. An X user posting under the handle Mars0634 responded to Rietveld’s video by pointing to XRP’s recent price performance, remarking, “Meanwhile in the real world XRP dumping AGAIN.”
Market data reflects this skepticism. According to CoinMarketCap, XRP is currently trading at $2.81. The asset has declined 5.81% over the past 30 days and has also registered a 1.08% decrease over the past seven days. These figures highlight that despite the broader regulatory developments being discussed, XRP has yet to demonstrate a price reaction that aligns with Rietveld’s projection of major inflows.
The new SEC initiative has the potential to reshape the regulatory environment for digital assets and open the door for more active participation from Wall Street in blockchain ventures. If implemented effectively, the changes could expand the role of major blockchain networks, including the XRP Ledger, in supporting tokenized assets and stablecoins.
However, XRP’s current market performance illustrates the gap between regulatory announcements and immediate price action. While Rietveld projects that the scale of institutional entry could eventually bring trillions into the ecosystem, the asset’s near-term trajectory remains subdued.
Whether XRP will capitalize on the anticipated regulatory shift will depend on how quickly institutions move to adopt the frameworks the SEC is putting forward.