Analyst Predicts 27% XRP Market Dominance if These Key Formations Confirm

The XRP community has long awaited a decisive shift in the token’s market presence, and new analysis from respected crypto chartist EGRAG CRYPTO (@egragcrypto) suggests the moment of truth may be approaching. In a detailed post shared on X, the analyst outlined a compelling technical case for XRP Dominance, pointing to two high-probability continuation patterns that have now come into play on the monthly timeframe. The chart, which overlays historical XRP Dominance data with key trendlines and Fibonacci levels, identifies a breakout from a large falling wedge pattern and the formation of a bullish rectangle. These patterns are known for their tendency to precede sharp upward moves, and both are now converging on a potential breakout scenario that could see XRP Dominance surge well above its current levels. XRP Dominance has shown notable strength in 2025, and EGRAG CRYPTO has high expectations. The analyst highlighted a 10% dominance threshold as a crucial level for XRP. Failure to close above this level would signify that XRP has underperformed in the current market cycle. #XRP Dominance – The ‘Sky Dome’ (27%) – Falling Wedge and Bullish Rectangle: Let me make this straightforward: If #XRP ‘s dominance does not close above 10%, I will consider that #XRP did not perform this cycle. This isn’t just my opinion; it’s based on the current formations.… https://t.co/iSQQXyIOlK pic.twitter.com/Qo9xf6FMbs — EGRAG CRYPTO (@egragcrypto) July 16, 2025 Measured Targets and Technical Projections The falling wedge pattern, which has already broken to the upside, carries a measured target of 18%. This breakout suggests that XRP is beginning to reclaim market share against other cryptocurrencies. However, it is the bullish rectangle formation that offers the more ambitious projection. Should this pattern confirm, XRP Dominance could rise as high as 27%, reaching levels not seen since earlier market peaks. With a total crypto market cap of approximately $3.8 trillion, if XRP reaches a market dominance of 27%, its total market cap would be about $1.026 trillion. Given the current circulating supply of approximately 59.13 billion XRP, this would translate to a $17.35 XRP price, a level the analyst recently predicted that XRP can surpass . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP’s Path to 27% Dominance Historical support levels form the base of what EGRAG CRYPTO calls the “Sky Dome,” a range XRP must remain above to confirm long-term strength. This downward trendline capped XRP’s price throughout its history, but the breakout in late 2024 helped the asset rise above the resistance, and it is now building toward another major climb. Fibonacci levels highlight strong support between 4% and 6% dominance, which XRP is currently testing. Holding this zone could open the path toward 10% and potentially 27% dominance. While the chart signals potential, XRP must sustain momentum to confirm this bullish setup. 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 Predicts 27% XRP Market Dominance if These Key Formations Confirm appeared first on Times Tabloid .

Source: TimesTabloid