Analyst Predicts 27% XRP Market Dominance if These Key Formations Confirm
2025-07-18 08:49:21
Main Idea
Analyst EGRAG CRYPTO predicts XRP could achieve 27% market dominance if key technical patterns confirm, with potential price implications.
Key Points
1. EGRAG CRYPTO identifies two high-probability continuation patterns on XRP's monthly chart, suggesting a potential surge in market dominance.
2. A 10% dominance threshold is critical; failing to close above it would indicate underperformance in the current market cycle.
3. The falling wedge pattern has broken to the upside, with a measured target of 18% dominance, indicating XRP is reclaiming market share.
4. If the 'Sky Dome' pattern confirms, XRP dominance could reach 27%, translating to a market cap of ~$1.026 trillion and a price of $17.35 per XRP.
5. Historical support levels and Fibonacci retracement zones (4%-6%) are key for XRP to sustain momentum and confirm bullish potential.
Description
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 F...
Latest News
- DALPY Coin Unveils Highly Anticipated Tokenomics: 50% Presale Allocation Signals User-First Model, Sparks Early Entry Race2025-07-18 13:40:33
- Legendary Trader to Investors: Sell All of Your Crypto for XRP2025-07-18 13:24:14
- Mevolaxy expands asset list: SHIB, XLM, and XRP staking now available2025-07-18 13:19:08
- Pundit: Path Is Clearing for $100 and $1000 XRP Price2025-07-18 12:14:31
- Crypto Utility Tokens Comeback as the Crypto Market Surges; OpenFundNet Offers Zero Fees, Daily Rewards, and Validator Trust2025-07-18 11:36:39