XRP May Be Warming Up for a Surge
XRP may be gearing up for a significant price surge, according to crypto analyst EGRAG Crypto, who highlights a long-standing pattern driving this momentum.
The “Just Do It” Structure
EGRAG Crypto pointed to a two-week XRP chart depicting the “Just Do It” pattern, reminiscent of the Nike swoosh. The pattern’s inception traces back to XRP’s sharp drop from $3.80 in January 2018. Following this decline, XRP continued downward, reaching $0.1 in 2020. Recently, the price has begun to recover, hovering around the $3 range.
XRP encountered resistance at the $3.4 peak in January 2025 but rebounded since. EGRAG anticipates XRP might eventually reach $30, but cautions traders against waiting to cash out for specific price points.
EGRAG’s Advice on Timing
EGRAG advises employing a Dollar Sell Average strategy instead of targeting precise figures like $17, $27, or $50, emphasizing that market behavior is unpredictable. He underscores that successful trading relies on timely responses to current market conditions rather than precise predictions.
From his experience, EGRAG noted that many miss out on profits by disregarding market history. He believes success in crypto comes from recognizing patterns, learning from previous cycles, and knowing when to act. He warned that market hype can lead to missed opportunities for profitable exits.
EGRAG asserts that market control is impossible; the best approach is to respond to trends. Well-timed moves can yield substantial gains, while hesitation can lead to losses, creating a recurring divide between successful and unsuccessful traders.
Three XRP Profit-Taking Zones
EGRAG outlined three key profit-taking levels:
- Most Sell-Off Zone: Ranging from $4 to $6, coinciding with inverse Fibonacci levels (1.236 to 1.618%) based on Wave 4, anticipating many long-term holders will sell in this area.
- Most Possible Zone: Between $11 and $13, based on Elliott Wave theory where Wave 5 typically matches Wave 1 or constitutes 61.8% of the lengths of Waves 1 and 3. This zone is EGRAG’s primary focus for potential price movements.
- Highest Zone: Spanning from $27 to $30, according to an alternative wave count initiated in March 2020. Under this framework, XRP is positioned in a substantial Wave 3, projecting a calculated gain of 1,750% (using 1,044% multiplied by 1.618).
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