Analyst: This Historical Pattern Could Cause XRP Dominance Explosion

A recent chart published by EGRAG CRYPTO (@egragcrypto) on X highlights shifts in XRP market share that merit attention from traders and analysts. It frames XRP dominance against historical peaks and troughs, and identifies Fib retracement thresholds that function as potential resistance and confirmation levels. EGRAG CRYPTO emphasized the significance of dominance in assessing price direction, advising followers to keep a close eye on the dominance chart as a leading indicator for the wider market. Levels to Watch for XRP The chart positions Fib 0.5 at 5.92% as the first material barrier that must be surpassed with confirmation before higher targets become plausible. Beyond that, Fib 0.618 is identified at 8.87%; Fib 0.702 is set at 11.61% and is described as the analyst’s optimal target for this cycle. The analyst also outlined more ambitious thresholds, marking Fib 0.888 at 21.58% and Fib 1 at 31.35% as the ultimate targets for the digital asset. #XRP Dominance: Your Key to Price Discovery! Trust me, you’ll want to keep a close eye on the #XRP Dominance Chart, it’s a crucial indicator of our price direction! Key Levels to Watch: Fib 0.5 (5.92%): We need to breach this level with confirmation to unlock the next… pic.twitter.com/nH19n5fQL9 — EGRAG CRYPTO (@egragcrypto) August 9, 2025 Can XRP Reach This Target? Analysts have shared bullish expectations based on technical indicators on XRP’s dominance chart, and EGRAG CRYPTO points to historical data to support his prediction. The chart shows XRP falling in 2017 and testing the shakeout zone before going on a remarkable rally to its previous all-time high. The digital asset tested that zone again in 2024 and has outperformed expectations since then. It reached a multi-year peak of $3.39 in January, and after consolidating for months , resumed its climb, reaching a new all-time high of $3.65 . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Path to 31.35% Dominance According to EGRAG CRYPTO, if dominance clears the 0.5 level with follow-through, the path toward 8.87% and then 11.61% will become clearer. The analyst highlighted 11.61% as a key benchmark, suggesting that failure to reach it means XRP underperformed. Conversely, achieving 21.5% dominance would represent a significant structural improvement. The final target is 31.35% dominance, which matches its performance in 2017 and early 2018. These levels would likely attract renewed liquidity and longer-term capital commitments. Risk management is implicit in the chart’s structure. As XRP grows, resistance levels will become potential supply zones, and the velocity of dominance gains will shape how traders adjust their positions. 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. Follow us on X , Facebook , Telegram , and Google News The post Analyst: This Historical Pattern Could Cause XRP Dominance Explosion appeared first on Times Tabloid .

Source: TimesTabloid