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

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.