Egrag Crypto Sets Price Target As XRP Breaks Through Major Resistance
2025-07-14 18:07:24
Main Idea
XRP has broken through a major resistance level, signaling a potential new rally, with analyst Egrag Crypto projecting significant price targets if momentum continues.
Key Points
1. XRP broke through the 1.414 Fibonacci Circle resistance at $2.70 in July 2025, now trading around $2.99.
2. Egrag Crypto projects potential price targets of $6.50, $20, and $35 based on Fibonacci extensions if the breakout holds.
3. The $2.70 level now acts as key support; a drop below could test the $2.20–$2.30 range.
4. XRP's utility in cross-border finance and the rollout of RLUSD stablecoin are expanding its real-world use.
5. The bullish outlook depends on sustained momentum and volume, with caution advised despite the positive technical setup.
Description
XRP has officially broken through a long-standing resistance, and according to prominent crypto analyst Egrag Crypto, this signals the beginning of a powerful new rally. Since December 2024, the 1.414 Fibonacci Circle, around $2.70, acted as a firm ceiling. Now, in July 2025, that barrier has finally been breached, and XRP is beginning to surge. This breakout clears the way for much higher price targets. Egrag outlines a series of bullish Fibonacci Circle levels ahead: $6.50 at the 1.618 mark, $...
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