Analyst Spots Critical XRP Range as Market Waits for Breakout

Key Points

1. EGRAG CRYPTO identifies $3.30 as a bullish breakout level for XRP, with a 60% probability of the price ranging between $3.30 and $3.13.

2. A close above $3.30 would signal bullish momentum, while a close below $3.13 with high trading volume would confirm a bearish shift.

3. Bitcoin's price action is seen as a decisive factor for XRP's next move; if Bitcoin remains strong, XRP could break above $3.30, while a Bitcoin reversal could push XRP below $3.13.

4. The market is waiting for confirmation signals before committing to a directional trade, with the balance of buying and selling pressure reflecting uncertainty.

5. Some experts believe XRP could break away from Bitcoin's influence, but this view is not universally supported.