Renowned market analyst EGRAG CRYPTO has reignited debate in the digital asset space with a bold technical outlook on XRP, arguing that the asset is tracking a clearly defined multi-channel diagonal support-and-resistance structure, closely mirroring a logarithmic regression channel.
According to the analyst, this long-term pattern offers a high-confidence framework for assessing XRP’s future price potential.
EGRAG CRYPTO’s analysis highlights that XRP’s price action consistently respects multiple diagonal channels, signaling structured market behavior rather than random volatility.
By using logarithmic regression channels, which are well-suited to assets with long-term exponential growth trends, EGRAG reinforces the relevance of this model for XRP. The asset’s continued alignment within these channels strengthens the framework’s credibility and boosts confidence in its predictive power.
What is the key takeaway from the analysis? There is a high-conviction structural target at $4.5, which aligns with XRP’s test of the upper boundary of a major technical channel.
Analyst EGRAG CRYPTO assigns this setup an 80–90% probability, signaling strong confidence that XRP could reach this level if the current market structure holds. Such a breakout would mark a decisive shift from current price levels and could reignite investor momentum.
At the same time, on-chain data from Santiment shows XRP has entered Extreme Fear territory, underscoring a sharp deterioration in retail sentiment, often a contrarian signal ahead of major price moves.
The analysts project that if XRP breaks above key resistance at $4.50, long-term targets could reach $10, $27, and even $200, based on a logarithmic model that factors in market cycles, adoption growth, and historical trends.
On the other hand, analysts suggest XRP could reach at least $15 as market sentiment bottoms, highlighting significant upside beyond short-term speculation.
XRP is trading at $1.42, well below key resistance levels, signaling significant upside potential. Realizing gains depends on strong momentum, rising volume, and supportive market conditions.
Source: https://zycrypto.com/logarithmic-channel-setup-is-ripples-xrp-countdown-to-4-50-looming/
