Egrag Crypto Says XRP Is In Ultra Bullish Region. Here’s the Notable Signal
2025-07-17 14:15:11
Main Idea
Crypto analyst Egrag Crypto identifies XRP as being in an 'Ultra Bullish Region,' with technical and fundamental factors suggesting potential for significant price growth.
Key Points
1. XRP is trading at $3.26 with a 24-hour gain of 10.83%, entering what Egrag Crypto calls the 'Ultra Bullish Region' or 'Valhalla' zone.
2. A key technical signal, termed the 'Flipping It' moment, occurred when XRP broke through a critical resistance level, now acting as support.
3. Egrag's analysis includes an Elliott Wave structure, indicating XRP is in wave (5) of an impulsive cycle, typically the most aggressive phase of a trend.
4. Fundamental factors supporting XRP's growth include Ripple's global influence, adoption of the XRP Ledger, and a favorable macroeconomic environment.
5. The Valhalla zone begins at $3.30, and a sustained move above this level could trigger new all-time highs for XRP.
Description
XRP has entered a critical phase in its market journey, now positioned within what top crypto analyst Egrag Crypto calls the “Ultra Bullish Region.” Backed by precise technical patterns and a steady rise in momentum, XRP appears to be gearing up for a powerful breakout, with its sights set firmly on what Egrag terms the “Valhalla” zone, a symbolic label for a massive upward price explosion. XRP Price Action and Current Market Standing As of report time, XRP is trading at $3.26, posting a strong ...
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