Egrag Crypto Predicts What This Crucial XRP Candle Brings In the Next 16 Hours

Key Points

1. Egrag Crypto emphasizes the significance of XRP's current three-day candle opening above the Fibonacci 0.702 level, indicating bullish momentum.

2. XRP needs to close above $3.010 within 16 hours to confirm a breakout, potentially leading to explosive price movement toward new highs.

3. XRP has surged nearly 30% over the past week, breaking above key moving averages, and is currently trading at $2.95 with a 4.9% 24-hour gain.

4. Analysts project Fibonacci extension levels could push XRP to $13-$27 if the breakout is confirmed, with short-term targets around $4.47.

5. Egrag warns of potential risks, noting that failure to hold the $2.33–$2.45 support zone could see XRP dip to $1.25 before any recovery.