XRP Cost Tick-Tock: Analyst Says It’s Time to Break Out, Shares Secret Micro Signal
With legal uncertainties gradually alleviating and macro trends stabilizing around XRP, the technical analysis is becoming the central focus for traders seeking directional clarity. A recent update from EGRAG CRYPTO, a prominent technical analyst, highlights an emerging micro-signal that could mark the start of a significant move for the digital asset.
According to EGRAG CRYPTO’s latest chart, XRP’s price action is approaching a definitive moment. Another analyst has identified $2.22 as a crucial support level for XRP. A confirmed hold above this price on three successive days would represent the first significant move above this trendline since May.
From a technical standpoint, such a breakout might confirm a bullish extension pattern, paving the way for a retest of higher Fibonacci levels at $2.36 and $2.65, respectively.
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