Expert Says XRP Dominance Still In Most Bullish Formation. Here’s What to Expect

Key Points

1. XRP Dominance is currently navigating a crucial threshold above 4.5% to maintain its bullish pennant formation.

2. The chart shows XRP has moved above a long-term resistance zone, with key support levels tested multiple times.

3. A successful hold above the 4.5% to 5.75% support region could validate a bullish turn, with potential targets at 21% and 27% dominance.

4. EGRAG CRYPTO identifies a 'VOID' region lacking major historical resistance, which could allow XRP to enter a price discovery phase.

5. Projected price targets for XRP include $13.34 and $17.15, based on Fibonacci extension levels.