XRP Market Trajectory Suggests Significant Accumulation Opportunities
Crypto analyst EGRAG CRYPTO has shared his insights on XRP's market trajectory, highlighting a strong bullish pattern that may present significant accumulation opportunities. According to EGRAG CRYPTO, the current price levels are not indicative of a dead market but rather a macro reset within a long-term expansion.
The chart used by EGRAG CRYPTO illustrates key support and target zones, showing the next potential waves for XRP. The analyst emphasizes the importance of conviction during market fluctuations, stating that 'you accumulate at resets. You don't cry.'
EGRAG CRYPTO projects Wave 3 as the next phase, historically the strongest leg, with targets reaching between $11 and $13 in the initial expansion. Higher-probability zones for Wave 3 extend to $23-$27, while $100 is considered a tail-risk blow-off in a risk-on liquidity scenario.