Egrag Crypto Presents XRP’s Key Battlefield: Long-term Triangle Targets $13

XRP may be approaching one of the most important stages in its current market cycle, according to crypto analyst EGRAG CRYPTO (@egragcrypto).

In a recent analysis of XRP’s 2-month chart, the analyst highlighted a long-term ascending triangle structure that appears to be nearing a decisive moment.

The chart focuses on an A-B-C-D-E formation that has developed over several years. According to the analyst, the first four stages have already formed, leaving the market focused on the final segment.

“E Is The Battlefield,” he wrote, describing the current phase as the area that could determine XRP’s next major move.

Ascending Triangle Remains Intact

The chart shows XRP trading within a large ascending triangle that dates back several years. A rising support line continues to hold the overall structure together, while horizontal resistance remains the key barrier for a larger breakout.

EGRAG’s analysis suggests that the current “E” phase may represent the final macro bottom within the pattern. The chart also highlights a recurring historical rhythm in which major bottoms developed after roughly 425 days, equivalent to seven 2-month candles.

That cycle appears to be approaching another critical period. XRP recently declined, and the analyst noted that the next 2-month candle could represent a possible bottoming window before a larger expansion phase begins.

Key Resistance Sits Above Current Price

The chart identifies a major resistance zone between $2 and $2.10. EGRAG CRYPTO described this area as the “breakout gate” that XRP must reclaim before higher targets become active.

Several conditions still need to be developed before the larger projections come into focus. The analyst said XRP must hold macro support, recover the 7-week moving average, and the 11-week exponential moving average. It must also secure a confirmed breakout above the key resistance area.

The chart also shows XRP currently trading below those moving averages after recent weakness. However, the broader triangle structure remains visible, keeping attention on whether the current pullback completes the pattern’s final stage.

Potential XRP Targets

If XRP survives the battlefield at E and confirms a breakout, the chart projects several Fibonacci-based targets. The first major target zone is between $9.50 and $17.23, with $13 identified as the primary objective.

The chart places the 1.618 Fibonacci extension near $9.52, while the 2.0 extension sits around $17.24. Beyond that, the 2.272 extension reaches approximately $26.30. The analyst described $13 as the “Main focus” following a confirmed breakout.

The chart also includes an extreme cycle projection toward $100. The analyst referred to that level as a “face-melting scenario,” placing it as the most aggressive target on the chart.

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 advised to conduct thorough 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.

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