Analyst Reveals Key Level to Kickstart July XRP Price Breakout

A new technical breakdown from EGRAG CRYPTO (@egragcrypto) offers a closer look at XRP’s next decisive move, following a successful retest of the macro support zone. The latest 12-hour chart update outlines a high-stakes setup, with critical price levels shaping both bullish and bearish narratives as July approaches. XRP currently trades near $2.08 after rebounding off a previously forecasted support zone. According to EGRAG CRYPTO’s chart, this “Retest This Box” area, ranging from approximately $1.90 to $2.08, represents the final line of defense before deeper downside risks emerge. The retest confirms what EGRAG described earlier as a potential double-bottom structure centered at $2.08, indicating strong buyer interest in this region. #XRP – We Did the Retest! For full context, check out my post from June 13 where I called the $2.08 level and the retest of the Box . Now, look at the updated chart! The next move depends on whether we break above the White Range specifically above $2.08. If… https://t.co/PcwBolz4Wp pic.twitter.com/XpfYcoRLih — EGRAG CRYPTO (@egragcrypto) June 22, 2025 Holding Above $2.08 Signals Bullish Strength The updated chart emphasizes the importance of holding above $2.08 on the 12-hour chart. If XRP remains above this mark and consolidates with higher timeframe closes, it would suggest that bulls are stepping in with conviction. EGRAG CRYPTO recently predicted that XRP will hit its peak of the current cycle on July 21 , and his updated analysis suggests that holding above $2.08 signals the bulls are “charging up” and “could be flying so high” by July. However, failure to sustain these levels may force another test of the lower edge of the support box, closer to $1.90. XRP Key Resistance Zones and Breakout Levels XRP remains in a descending channel but shows rejection of lower levels, rebounding into a tighter range. If $2.08 holds, the downside risk lessens, and while a drop to $1.77 is possible, it is less likely. A break below $1.47 would signal a major breakdown, though bulls currently maintain control. Above the current price, three resistance levels stand out. First is the narrow white box that ranges between $2.30 and $2.33. A clean breakout above this range could shift momentum further in favor of the bulls. The next critical marker is $2.65, labeled as the “GO-GO” macro signaling level on the chart. A sustained move past $2.65 would mark a significant bullish breakout from the broader descending channel. While EGRAG CRYPTO acknowledged that bears won in the previous consolidation, the tone of the update was optimistic. He warned in an earlier analysis that a breakout was inevitable due to tightening price action. Other analysts have shown that XRP is at the end of the consolidation phase . EGRAG CRYPTO believes the bullish side is gaining strength after reclaiming key levels. 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 advised to conduct thorough 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. The post Analyst Reveals Key Level to Kickstart July XRP Price Breakout appeared first on Times Tabloid .

Source: TimesTabloid