This Analyst Was Right About XRP Again. Here Is What Happened.

In the dynamic and often unpredictable crypto world, accuracy in technical analysis is a rare and highly valued trait. Once again, the renowned crypto analyst EGRAG Crypto has showcased his exceptional charting skills by accurately predicting the recent market trend of XRP. Just six days before the price of XRP surged to $2.28, EGRAG made a clear and well-structured forecast, indicating key support and resistance levels, trend formations, and Fibonacci zones - all of which occurred exactly as predicted. The Technical Design Has Called It Right EGRAG Crypto's analysis is derived from a multi-SMA framework (Đường a single-giản) moving average. Specifically, he referenced the 21, 33, 55, and 111 SMAs in the 2-week timeframe to build a roadmap for XRP's possible movements. His chart shows XRP consolidating below the $2.50 resistance zone, an important psychological and technical barrier. This level has been identified as the main test point to confirm the bullish trend.

More importantly, EGRAG emphasized that XRP is trading right above the $1.91 area—a level he identifies as the threshold that must be maintained to sustain the bullish structure. According to his analysis, a drop below this price level could initiate a severe downturn towards the 0.618 Fibonacci retracement level, posing a threat to short-term optimism. However, the buyers have managed to maintain control. The Importance of Green Trend Lines and Fibonacci Structure A central part of the EGRAG chart is the "Blue Trend Line", indicating a long-term upward trajectory that serves as dynamic support. The ability of XRP to maintain above this trend line is an essential part of sustaining the upward momentum. EGRAG warns that a clear break below the blue trend line will hand control to the bears, with potential downside targets aligning with the Fibonacci level of 0.618. He also emphasized the importance of the level 2.2795 dollars, closely corresponding to the Fibonacci retracement level of 0.702. The recent bullish surge of XRP, pushing the price up to 2.28 dollars, marks a successful defense and recovery from this Fibonacci zone, a precise confirmation of EGRAG's prediction. Market Psychology and Target 2.50 USD In the analysis, EGRAG pointed out that the price level of 2.50 dollars remains the most important resistance level for XRP to break. He referred to it as the psychological wall, which, if breached, would trigger further bullish expansion. His comments included an important statement: "I only think about a bearish scenario if XRP doesn't hold the $1.9100 level," a scenario that ultimately never happened. Instead, the price action of XRP respects support zones and tends to rise in line with EGRAG's expectations. His confidence in the Fibonacci level of $2.2795 serves as a validated springboard, further solidifying his reputation as "always right". Where Will XRP Go Next? With XRP currently trading at $2.28 and approaching the important resistance level of $2.50, all eyes are now on whether the bulls can maintain their momentum and break above this level. If XRP successfully closes above this resistance in the coming weeks, it could trigger the next major advance in the bullish cycle. However, traders are advised to be cautious. As EGRAG pointed out, the possibility of a pullback to $1,9100 could still occur if the resistance level of $2,50 proves to be too strong. The current price action is fluctuating within a crucial decision zone that could determine the medium-term trend of XRP.

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