XRP is currently consolidating above $2.20, with analyst EGRAG CRYPTO stating the cryptocurrency's impulsive structure is not complete. The fifth wave could propel the token to historic highs beyond conservative estimates. Fibonacci extensions target an ambitious $27, with technical signals supporting this potential.
EGRAG crypto analysis is based on a 5-day chart that breaks down XRP price action according to a characteristic five-wave structure from Elliott Wave theory. Under this technical approach, XRP is currently completing its fourth wave, a corrective phase that historically precedes the most powerful bullish extensions. The analyst describes the next phase as the “Power of 5,” suggesting it could become the most explosive fifth wave ever observed on the token.
Historical context reinforces this thesis: The corrective fourth waves of 2017 and 2021 preceded XRP’s most impressive rallies, often after prolonged sideways consolidation. The chart highlights cyan and pink EMA bands serving as dynamic support zones before major breakouts. Currently, XRP maintains its position above this crucial zone, a technical strength signal.
Buyers are firmly defending the $2.20 level, despite recent volatility. This support resilience constitutes a bullish signal in a globally quiet market. The fact that XRP is holding up better than other major altcoins reinforces the hypothesis of discreet institutional accumulation.
Try to win 1,000 USDT by launching your trading bot!
EGRAG CRYPTO’s projections rely on Fibonacci extensions, mapping a clear roadmap for XRP’s fifth bullish wave. Key zones are located at $4.78 (1.272), $5.515 (1.414), $6.755 (1.618), and $18.25 (2.618), with an ultimate target at $27, representing nearly +980% from current levels. This phase aims to overturn market skepticism. Recalling that a trader who shorted XRP in 2024 lost $30 million, proving the power of contrarian movements.
The crypto market cap rising 4.4% in 24 hours and increasing trading volumes signal a return of confidence and a possible imminent impulsive phase for the token. XRP displays technical resilience superior to other altcoins. Reinforcing the idea of discreet institutional accumulation ahead of a new bull cycle.
On the fundamental side, the Ripple vs SEC conflict is subsiding. US regulatory clarity is progressing, and RippleNet corridors continue expanding. XRP’s growing usage as a bridge currency in cross-border payments creates real and sustainable demand. In a more stable macroeconomic context, the convergence between solid fundamentals and technical signals justifies EGRAG CRYPTO’s measured optimism on XRP’s medium-term prospects.
Related topics:
Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
