XRP Blue Channel Update: Analyst Pinpoints Critical Support Levels

On April 24, 2025, market commentator EGRAG CRYPTO shared an updated technical chart and analysis regarding the price trajectory of XRP against Tether (USDT), presenting a structured view centered around a defined “Blue Channel” pattern. The chart posted on TradingView, highlights several support and resistance levels, along with key targets and guidelines for potential market behavior moving forward. In the accompanying tweet, EGRAG underscored the importance of holding above certain price thresholds while outlining the technical boundaries that define the asset’s structure. #XRP – Blue Channel : No closing below the 21 EMA! No closing below $2.10! Absolutely no closing below $1.95! #XRPFamily STAY STEADY AND STRONG, Together We Rise pic.twitter.com/SCEOCC8iX0 — EGRAG CRYPTO (@egragcrypto) April 24, 2025 Defined Channel Structure Frames XRP’s Market Behavior The primary visual feature of the chart is the wide blue parallel channel that encapsulates XRP’s price action since November 2024. The channel serves as both a roadmap and a framework within which EGRAG believes XRP must maintain its trajectory to preserve bullish momentum. The lower boundary of the channel has acted as a consistent area of support, while the upper boundary outlines a potential longer-term target region if current momentum continues. Conditions for Structural Integrity At the core of EGRAG’s commentary are three critical conditions. First, the price must not close below the 21-day exponential moving average (EMA), which is depicted on the chart as a yellow curve. This EMA has served as a dynamic support line throughout XRP’s movement inside the channel. Second, the price must remain above the $2.10 mark. Lastly, and most importantly, the analyst stresses that XRP must not close below the $1.95 level, which is marked in red and identified as a final support line that could imply a breakdown from the established bullish formation. Technical Milestones and Target Zones The chart also marks previous key price actions, including a “Fair Value Gap” already filled. This zone, visually highlighted with a green arrow, once served as an area of imbalance that has since been addressed by market activity. With this gap filled, the chart suggests the asset is technically in a healthier structure to aim for upward targets. EGRAG identifies multiple price targets within the channel. The first is $2.15, located just above current price levels, followed by $2.35, $2.50, and $2.65, each marked with a white label indicating sequential resistance points. The level of $2.6344, near the Fibonacci level of 1.0 (or $2.6253), acts as a psychological and technical convergence zone. Beyond this range, the chart outlines medium- to long-term targets at $3.7398 and $4.6000, which coincide with the upper region of the blue channel. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Key Support Levels Below Price Structure Support regions beneath the current price include the 0.888 Fibonacci level at $1.7847 and the 0.786 level at $1.2557. These levels are visually marked in purple and red, respectively, and suggest potential deeper retracement areas if the key $1.95 support fails. May 12, 2025, is marked as a possible decision point or event-driven moment, though no additional context is provided. The tweet reflects a sense of vigilance, as EGRAG directly addresses the XRP community , urging holders to stay “steady and strong.” While the tweet contains no explicit prediction, it emphasizes structural integrity and warns against price closes below clearly defined support levels. EGRAG CRYPTO’s post provides a well-defined technical structure for XRP within a rising channel, focusing on specific price levels essential for sustaining bullish momentum. The commentary reinforces the importance of the $2.10 and $1.95 levels while presenting an upward path marked with resistance checkpoints and potential upside targets within the broader channel formation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Blue Channel Update: Analyst Pinpoints Critical Support Levels appeared first on Times Tabloid .

Source: TimesTabloid