XRP Holds $2.77 Support as Analyst Sees New Highs Ahead
The post XRP Holds $2.77 Support as Analyst Sees New Highs Ahead appeared on BitcoinEthereumNews.com.
The analyst stated that as long as XRP remains above $2.77 on the two-month timeframe, it’s just “noise” Egrag is utilizing a two-month chart to identify a key support line, believing that price movements above this threshold are insignificant fluctuations that don’t compromise the primary bullish trend Recent sentiment analysis of retail trader discussions indicates a shift toward a bearish outlook for XRP, with negative commentary now outweighing positive remarks Egrag Crypto, a well-known chart analyst in the XRP community, addressed the market fear following a recent dip in XRP’s price. They stated that as long as XRP remains above $2.77 on the two-month timeframe, it’s just “noise”. Egrag is utilizing a two-month chart to identify a key support line, believing that price movements above this threshold are insignificant fluctuations that don’t compromise the primary bullish trend. However, if the price closes below this line, even partially, the analyst would see it as a strong warning that the trend has seriously reversed. The post is also rhetorical, directed at critics (“weak hands crying about this dip”), emphasizing that this kind of strategy requires strong conviction, math, logic, and stamina, not reactive fear. Related: “Weak ETF Demand? I’m Still Panic Buying XRP,” Says Bill Morgan Technical Anchor and Market Mood Additionally, Egrag states that if the two-month candle closes below the mentioned threshold and the line turns red, they’re prepared to publicly jump ship with 80% of profits saved. Even with the recent drops, the analyst maintains the bull run scenario and expects new all-time highs ahead. Similar views as before Egrag has been vocal historically about large multi-figure XRP targets. For instance, in August 2025, they pushed back against claims that XRP would top out at $4, instead projecting long-term targets like $27 and above, using Fibonacci extensions and advanced…
Filed under: News - @ October 9, 2025 8:27 pm