Crypto Chartist Predicts “Historic Breakout” for XRP
The post Crypto Chartist Predicts “Historic Breakout” for XRP appeared on BitcoinEthereumNews.com.
Key Notes XRP defends the critical $2 support amid renewed buying pressure. Analyst Egrag Crypto forecasts a potential $10 price target for the crypto token. Technical indicators show mixed signals but hint at building momentum.
. After a volatile start to November, XRP has stabilized above the key $2 support zone, sparking optimism across the community. At the time of writing, the fourth-largest cryptocurrency trades around $2.21. $2! ✔️ https://t.co/j8xAKWrY9f — Ali (@ali_charts) November 5, 2025 According to CoinMarketCap data, XRP saw a 25% daily increase in its 24-hour trading volume on November 5. This suggests renewed trading activity around the $2 accumulation range. Analyst Suggests Explosive Upside Potential Popular crypto analyst Egrag Crypto stated on X that XRP could be on the verge of a historic breakout, provided it sustains levels above $1.94. The analyst noted that XRP is currently consolidating in what he calls “one of the most powerful accumulation zones” seen in years. #XRP – Micro Wick 1 ($10) & Macro Wick 2 ($50): First of all, imagine waking up after a market bloodbath 😤 and still writing this post with zero fear 😎, because on the higher timeframes, nothing has changed! It’s just your emotions playing games on you. 📖 Step 1: Read This… pic.twitter.com/LrlZf5eMB9 — EGRAG CRYPTO (@egragcrypto) November 5, 2025 Egrag outlines two major potential price targets for XRP. The first projects a measured move toward $10, corresponding to a bull flag pattern. He hinted that investor patience during the ongoing accumulation phase could yield big gains. The second points to a bigger target of $50. According to Egrag, this projection is based on the principle of market symmetry. He explained that just as Binance’s past wick to $0.77 was later balanced, Gemini’s August wick to $50 could eventually be “filled” in a future cycle.…
Filed under: News - @ November 5, 2025 1:26 pm