Analyst Egrag Crypto presented forecasts regarding the anticipated rise of XRP, emphasizing the importance of long-term technical structures and positive developments in fundamental indicators.
Egrag's Macro Outlook on XRP
Egrag Crypto, known for his high-timeframe technical analysis, claims that many investors are distracted by short-term volatility and fail to notice the bullish structures forming. He predicts that XRP could reach double-digit prices due to long-term chart patterns, such as symmetrical triangles and Fibonacci extension targets.
Catalysts Supporting the Bullish Case
The fundamental factors for XRP have significantly improved in 2025. Ripple's expansion in liquidity corridors and the launch of the RLUSD stablecoin have strengthened XRP's practical application in transactions. The resolution of legal disputes between Ripple and the SEC has also removed long-term uncertainty, facilitating broader acceptance of XRP as an asset.
Signs of Accumulation and Institutional Interest
Despite subdued sentiment in the retail market, there are signs of accumulation from investors who are focused on long-term growth of XRP. With regulatory clarity established, banks and financial institutions are showing interest, further highlighting XRP's growing importance in the global economy.
According to Egrag Crypto, the current phase of XRP's development could be pivotal for its future growth, and investors should not underestimate the upcoming market changes.
