EGRAG Crypto Predicts XRP’s Third Macro Bottom Could Pave Way to $31

4 hour ago 3 sources neutral

Key takeaways:

  • XRP’s $9–$31 targets rely on an unconfirmed macro bottom, making $0.90 the decisive support.
  • Fibonacci projections often fail without fundamental catalysts; regulatory clarity could shift the odds significantly.
  • The prolonged bottoming process may deter short-term traders, favoring only multi-year holders.

Cryptocurrency analyst EGRAG Crypto has outlined a long-term XRP roadmap centered on a developing third macro bottom, which he believes could set the stage for a rally toward double-digit price levels. In a detailed chart analysis shared on social media, EGRAG Crypto highlighted a three-bottom sequence supported by exponential moving averages (EMAs) that has historically preceded major price advances.

The analyst identifies the crucial support zone between $0.90 and $1.00, where several long-term indicators converge, offering what he considers a favorable risk-to-reward opportunity for long-term participants. Three EMAs form the backbone of his analysis: the 21 EMA as a macro momentum gauge, the 77 EMA as major cycle support, and the 111 EMA as deep macro support that has marked significant market bottoms in the past.

To confirm the bullish structure, XRP must reclaim a series of resistance levels. The initial target is $1.23, followed by $1.56 for stronger structural confirmation. The key breakout zone lies between $2.38 and $3.54; clearing this area would reinforce the case for a new macro bullish cycle.

Based on Fibonacci extensions, a confirmed breakout could activate ambitious price targets: the 1.272 extension points to $9.28, the 1.414 extension to $15.35, and the 1.618 extension to $31.65. EGRAG Crypto cautions that the third bottom remains unconfirmed and the entire roadmap depends on XRP holding macro support while sequentially reclaiming each resistance level. He emphasized that technical charts provide a structural framework but do not eliminate market uncertainty.

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