Egrag Crypto Sends Critical Warning to XRP Holders, Shares Key Price Zones

In a post on X, crypto analyst Egrag Crypto released a technical analysis update for XRP, noting that the asset had reached a crucial resistance level identified as the “Heavy Supply Zone.” The accompanying chart illustrates a breakout from a prolonged consolidation period within a well-defined range bordered by the “Range Support” and “Range Resistant” zones. This breakout occurred after XRP held firm above the $2.08 level, which Egrag had earlier marked as a significant support point. The breakout signals a shift in price structure, suggesting increasing bullish momentum after several months of horizontal movement. The chart marks key zones that have defined XRP’s price trajectory over recent months, such as the Heavy Demand Zone between $1.60 and $2.08, the Range Support Zone slightly above this region, and the now-breached yellow Range Resistance Zone around $2.35. XRP Support Formation and Keep Warning According to the analyst, the primary focus going forward will be identifying where new support levels will form. Egrag emphasized that “the higher the support, the better,” underscoring the importance of maintaining newly gained price levels above previous resistance. This would indicate market strength and potential for continued upward movement. The tweet warns that while a breakout above the Heavy Supply Zone has occurred, it is important to remain cautious. Egrag notes that a “throwback”—a retest of previous resistance to confirm it as support—remains a possibility in the coming days. This would be a natural technical step in determining whether the breakout is sustainable. #XRP – Ranges & Key Zones #XRP has reached the “Heavy Supply Zone”, now, the focus is on where support will form. The higher the support, the better! The best-case scenario? A strong blast through the “Heavy Supply Zone”, launching us into the Valhalla Phase! … pic.twitter.com/EjBRZyF3J2 — EGRAG CRYPTO (@egragcrypto) July 11, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Targeting the Valhalla Phase The most optimistic scenario described by Egrag is a continued surge beyond the green “Heavy Supply Zone,” culminating in what he termed the “Valhalla Phase.” On the chart, this zone lies above the $3.30 level, a price range not seen since XRP’s major peaks. If price action continues beyond this resistance area, it could indicate entry into a longer-term bullish phase for the asset. The use of the term “Valhalla Phase” represents a culmination of bullish sentiment, where the price breaks free from supply constraints and moves into price discovery. However, Egrag was careful to note that the journey into this phase is contingent upon current levels holding and further confirmation through price behavior early next week. At the time of the update, XRP was trading around $2.78, having posted significant intraday gains. The move took price above the long-standing resistance line that had kept XRP below key levels since the beginning of 2025. The move above the $2.35 zone is considered an important step in shifting the medium-term trend from neutral to bullish. The next few trading sessions will be pivotal in determining whether this upward move can be sustained, with a close watch on support levels and potential for a retest. 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 Egrag Crypto Sends Critical Warning to XRP Holders, Shares Key Price Zones appeared first on Times Tabloid .

Source: TimesTabloid