Egrag Crypto Forecasts $9.5 to $27 XRP Price Rally. Here’s the Timeline

In a recent post, crypto analyst EGRAG CRYPTO shared an in-depth analysis of the XRP/BTC trading pair, suggesting that a major move could be imminent within the next six months. Accompanying his post was a detailed chart illustrating key Fibonacci levels, moving averages, and a symmetrical triangle formation that may signal a significant price breakout. #XRP / #BTC – MAX 6 Months Left to Valhalla! I have posted many discussions about a hot summer ahead in the crypto world and specifically in #XRP and #Alts . The chart below suggests the following: 1⃣ Closing below the 21 EMA on 2 Weeks Time Frame, isn’t favorable for us,… pic.twitter.com/TW6q8Ti5lM — EGRAG CRYPTO (@egragcrypto) April 27, 2025 EGRAG CRYPTO emphasized that he has previously discussed the likelihood of a “hot summer” for cryptocurrencies, particularly XRP and alternative coins, and reinforced this view with his latest chart. The analyst outlined that a close below the 21-week EMA would not be favorable. However, he stressed that maintaining a position above the 0.5 Fibonacci retracement level (0.00001552 BTC) is crucial if the 21 EMA is lost. EGRAG CRYPTO warns that falling below this threshold could undermine the bullish structure he is monitoring. On the other hand, a close above the 0.786 Fibonacci level (0.000029 BTC) would serve as an early bullish indicator, suggesting that the bullish formation is beginning to play out. Key Indicators for Formation Validation EGRAG CRYPTO identified the 1.0 Fibonacci level (0.00044 BTC) as a decisive marker. A successful close above this level would confirm that the bullish structure has been activated. At that point, the analyst explained that he would shift focus to analyzing both the XRP/USD and BTC/USD trading pairs to determine whether XRP is outperforming Bitcoin or if Bitcoin itself is declining relative to XRP. He noted that either scenario would provide critical insights into whether Bitcoin is approaching the final phase of its USD-denominated market cycle. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 According to the chart and commentary, the measured target for the full formation lies between the 1.414 and 1.618 Fibonacci extension levels. Specifically, the chart labels these targets around 0.00009500 BTC to 0.00014000 BTC. Based on Bitcoin’s USD valuation, this could translate to an XRP price between $9.50 and $27.00. Chart Structure and Future Implications The attached chart from EGRAG CRYPTO displayed a symmetrical triangle pattern combined with a bullish pennant, providing what he described as “double targets.” If confirmed by price action respecting the specified Fibonacci levels, the breakout from this consolidation structure would point towards a significant revaluation of XRP against Bitcoin. Historical cyclical patterns were also marked, with previous major bottoms highlighted in yellow circles, suggesting a repeatable behavior pattern is emerging. EGRAG CRYPTO bases part of his analysis on these past trends, indicating that XRP might enter another phase of outperformance against Bitcoin. Finally, EGRAG CRYPTO encouraged the XRP community , referred to as the “XRP Family,” to remain steady and strong through the coming months. He reiterated that the technical setup indicates a critical timeframe, projecting that a resolution of this pattern should occur no later than September 1, 2025, as noted on his chart. 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 Egrag Crypto Forecasts $9.5 to $27 XRP Price Rally. Here’s the Timeline appeared first on Times Tabloid .

Source: TimesTabloid