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Analyst Sets Bullish Objective for XRP, Says Soon We Shall Fly So High
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XRP is entering a decisive phase, with market strategist EGRAG Crypto setting a clear objective at $3.30. According to him, temporary pullbacks or even daily closes below this level should not distract traders. The real signal, he insists, will only emerge once XRP consistently closes above $3.30.
As of report time, XRP is trading at $3.03, after moving between $2.79 and $3.10 in the day’s session.
The $3.30 Breakout Threshold
EGRAG identifies $3.30 as the level where XRP’s momentum transforms from sideways movement into genuine breakout territory. In his analysis, only consecutive daily closes above this threshold will unlock the next stage of the rally
This makes $3.30 more than just a technical barrier—it represents the point where sentiment shifts decisively to the bullish side.
The Role of Macro Support at $2.73
While the focus is firmly on the $3.30 breakout, EGRAG also highlights $2.73 as the crucial macro support level. As long as XRP holds this floor, the broader bullish structure remains intact
A decisive break below it, however, would signal weakening momentum and open the door to deeper consolidation. This level, therefore, serves as the foundation upon which the bullish objective rests.
Where XRP Stands Now
With XRP reclaiming the $3 handle, the market is pressing into a resistance zone between $3.10 and $3.30. The battle between buyers and sellers in this area will determine the short-term trajectory of the market
A strong daily close above $3.30 would confirm that resistance has been absorbed, paving the way for further gains. On the other hand, if sellers regain control, the market will likely retest local defenses at $2.90, with the stronger $2.73 floor waiting below as the ultimate support line.
What Will Confirm the Next Rally
According to EGRAG, XRP’s bullish trend will be confirmed not just by reaching $3.30, but by how the market performs after surpassing that level. Sustained daily closes above $3.30, supported by rising trading volumes and improving momentum indicators, would provide the clearest evidence that XRP is ready for the next major leg upward
Failure to achieve this, coupled with repeated rejections and a breakdown of $2.73, would suggest the market is not yet prepared for liftoff.
Looking Ahead
EGRAG Crypto’s analysis provides a precise roadmap for XRP traders: $3.30 marks the breakout gateway, while $2.73 serves as the foundation that must hold. With XRP trading near $3.03 today, the market sits at the edge of this critical battle zone
The direction of XRP’s next move – whether it’s a breakout into a new bullish phase or continued consolidation – will be determined by upcoming daily closes. For now, all attention is on the $3.30 threshold, because that is where, in EGRAG’s words, “soon we shall fly so high.”
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 urged to do in-depth 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.