EGRAG CRYPTO (@egragcrypto), a widely followed analyst in the cryptocurrency community, has released an update on XRP, reinforcing his bullish outlook and emphasizing the importance of upcoming resistance levels. The updated chart follows the earlier version and highlights the asset’s continued strength as it holds above critical support zones. According to EGRAG CRYPTO, the asset is “still holding strong,” with momentum remaining intact. His analysis identifies the $2.61 and $2.65 levels as essential resistance points. These levels, which correspond to a key Fibonacci retracement zone (0.888), are likely to play a decisive role in the asset’s short-term price trajectory. #XRP – Still Holding Strong ( UPDATED Chart): https://t.co/UoGSyGPdLj pic.twitter.com/XqBq6qZ72n — EGRAG CRYPTO (@egragcrypto) May 21, 2025 In his updated chart, EGRAG CRYPTO shows a potential upward scenario with XRP targeting $3.10 upon a successful break above these levels. A further rally could aim for the $3.3967 mark, representing the top of the larger technical structure identified in the chart. Breakout Confirmation Needed XRP has shown resilience recently , and the new chart shows the asset trading around $2.38, having moved slightly higher from the previous day’s level of $2.36. This movement is a positive signal within the broader consolidation structure. The price has crossed above a key descending trendline , an event that EGRAG CRYPTO had previously highlighted as a necessary step before XRP can target higher levels. His earlier chart showed a potential for downside movement if XRP failed to sustain above that trendline. That risk appears to have been reduced with the most recent price action, which shows XRP testing and holding above the breakout point. The updated trajectory suggests a potential retest of the $2.30 level as support before any further upward continuation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 EGRAG CRYPTO maintains his view that XRP remains fundamentally strong in this setup. He marks $2.3001, another key Fibonacci level, as an interim resistance point, and sees the market’s ability to reclaim and sustain above it as crucial. Where is XRP Going Next? The analyst shows a fishing hook on the chart, pointing to the $1.47 area and highlighting the importance of the dark blue support zone. The 0.786 Fibonacci retracement level ($1.6126) is still highlighted as a possible point of retracement if the market rejects higher resistance. Despite the downside risk, EGRAG CRYPTO is bullish on XRP. He recently drew attention to a double bottom formation on the chart, reinforcing this bullish outlook. The asset is currently trading at $2.35, and a retest of the $2.30 level could kickstart the surge to levels above $3. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Top Analyst Says XRP Is Holding Strong, States New Levels to Watch appeared first on Times Tabloid .
