XRP Breakout Hopes Strengthen as Egrag Targets $30

1 hour ago 4 sources positive

Key takeaways:

  • XRP's macro upside targets remain speculative until $1.65 flips into confirmed support.
  • Whale accumulation of 470M XRP and ETF inflows signal conviction, yet $1.53 support must hold.
  • XRP's RSI must reclaim 53 to sustain momentum; failure risks a slide toward $1.40-$1.43.

Prominent analyst Egrag Crypto has published an updated XRP macro chart with what he calls a massive incoming price “crash” — but because the chart is inverted, the crash points upward. His labels place XRP's longer-term targets at $7.50, $13, and $30, with $1.65 as the key area to watch within the existing macro structure. Egrag stressed that he has not changed the arrows, targets, or moving averages from his previous roadmap.

In a separate relative strength index analysis, Egrag said XRP's RSI must cross its moving average while staying above 53, then retest that level and hold it as support before a momentum push toward 80. If RSI crosses below 53 and fails to reclaim it, he would focus on 47 for another momentum reset.

The technical picture matches near-term price action. XRP traded around $1.59, up about 6% over 24 hours, after moving above the upper boundary of a descending channel and reaching a recent high near $1.70. The immediate pullback test is the 23.6% Fibonacci retracement near $1.53; a daily close above it would keep the $1.70 high in view. A close below it would shift attention to the stronger support cluster at $1.40–$1.43, where the 38.2% retracement, rising diagonal support, and former channel ceiling overlap.

On-chain data adds to the bullish narrative. Analyst Ali Martinez reported that large holders accumulated more than 470 million XRP over five days, worth roughly $724 million, while an inverse head-and-shoulders pattern remains in development on the daily chart. Separately, SoSoValue data showed three consecutive days of net inflows into U.S. spot XRP ETFs through September 24, including $14.89 million on the latest day.

Egrag's “crash” therefore describes a projected upside move on an inverted chart rather than a bearish call. Whether XRP follows that path remains dependent on the $1.65 price zone, the RSI's behavior around 53, and the market's ability to defend $1.53 and, if necessary, $1.40–$1.43.

Previously on the topic:
yesterday / 12:25
XRP Pulls Back to Key Retest After Rejection at $1.60
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