For XRP, the Entire Bull Case Now Hinges on a Break Above $3.65
The post For XRP, the Entire Bull Case Now Hinges on a Break Above $3.65 appeared on BitcoinEthereumNews.com.
XRP must break above $3.65 to confirm bullish pennant and unlock higher targets Fibonacci targets hint at XRP surging to $34.63 if macro trend aligns with momentum Market dominance under 6.5% may hinder XRP’s institutional appeal and sector influence XRP’s market behavior is under the spotlight once again, as recent analysis from crypto strategist EGRAG CRYPTO suggests the digital asset is approaching a pivotal moment. With “Cycle 3” of XRP’s historical price behavior now unfolding, analysts are closely watching whether the token can replicate its previous breakout patterns. Testing “The Chasm” and Key Price Levels Historically, XRP has demonstrated cyclical surges after periods of consolidation. According to EGRAG CRYPTO, each cycle peaked above the red trendline dubbed “The Chasm.” In this current cycle, expectations are high for a rally beyond $11. His longer-term Fibonacci projections point to a potential target of $34.63, with earlier milestones at $9.41 and $11.27. This aligns with previous patterns where major price explosions have followed confirmed breakouts. Related: Multiple Charts, One Verdict: A Major XRP Rally Is Now Imminent At press time, XRP is trading at $3.47, showing a slight 0.58% daily decline but still posting an 18.18% gain over the past week. Importantly, the 21 EMA and 33 SMA continue to offer structural support. This suggests the bullish trend may still have fuel, provided price action holds above critical support zones. #XRP – The Chasm: If the chasm isn’t touched or bypassed, then there is something is off 🚧 which i believe is not the case 🌟#XRPFamily STAY STEADY and STRONG 💪, Together We Rise 🌄 and Soon We Shall Fly So Much Higher 🦅 pic.twitter.com/P3wXjna5nf — EGRAG CRYPTO (@egragcrypto) July 23, 2025 XRP dominance must pass 10% to assert leadership Besides price movement, EGRAG CRYPTO also highlights XRP’s market dominance as a factor…
Filed under: News - @ July 23, 2025 11:26 am