Expert Shares Three Simple Actions XRP Holders Should Take
XRP currently trades near $1.55, but Crypto analyst Egrag Crypto sees a longer-term setup that could trigger a bigger rally.
In a new analysis published on X, Egrag Crypto compared XRP’s current monthly structure with four previous periods of compression and expansion.
His chart shows each previous setup preceded an expansion of roughly 500%, leading him to examine whether XRP could repeat the pattern for a fifth time.
Egrag Crypto Points To The Monthly EMA Ribbon
Egrag Crypto based his analysis on XRP’s monthly EMA Ribbon, which currently sits near the asset’s price as the market consolidates. He identified similar periods throughout XRP’s history and marked each one with a “HERE” label.
The analyst identified four previous instances in which XRP entered a period of compression around the monthly EMA Ribbon before recording an expansion of approximately 500%. He now sees another compression structure developing around the same indicator.
Egrag Crypto described the current formation using several possible terms, including accumulation, a wide range, EMA compression and a white-box range. He said the terminology matters less than the price structure itself.
With XRP trading around $1.55, Egrag Crypto sees the current consolidation as similar to the structures that preceded the previous major expansions. His analysis focuses on the monthly timeframe rather than short-term price movements.
Egrag Crypto Projects XRP Toward $9–$10
Egrag Crypto said another 500% rally would put XRP around the $9–$10 region. His chart projects a level near $10.0258, while his post describes the $9–$10 area as the minimum range under this historical comparison.
The analyst acknowledged that XRP does not necessarily have to produce another 500% expansion. However, he maintains his bullish stance based on the repeated structure visible on the monthly chart.
The chart also shows the previous expansion measurements. Egrag Crypto marked approximate gains of 500% from earlier compression zones, including moves toward $0.0256, $0.0554, $1.6387, and $3.0730. He then placed the current projection near $10.0258.
Egrag Crypto Encourages A Long-Term Approach
Egrag Crypto connected his chart analysis to a simple investment approach: “BUY. DCA. WAIT.” He said the current structure gives him confidence to dollar-cost average rather than attempting to predict every individual XRP candle.
The analyst also urged XRP holders to focus on the larger monthly structure. He believes investors can use the broader setup to develop rather than reacting to each short-term price rally.
Egrag Crypto concluded that XRP’s current compression resembles previous formations that preceded substantial expansions. If the asset repeats the approximately 500% move shown in those historical examples, his chart places the potential target around $9–$10. For now, his thesis depends on the monthly EMA Ribbon structure repeating the behavior he identified in XRP’s previous cycles.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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