Analyst EGRAG CRYPTO has shared an updated XRP/BTC chart, reinforcing a long-term bullish outlook based on precise technical levels.
Long-term Analysis of XRP
EGRAG CRYPTO referenced an older chart from 2023, which laid the groundwork for Elliott Wave analysis. He emphasized the importance of XRP closing above a designated 'Area of Confirmation' to validate the projected wave structure.
Key Fibonacci Levels and Confirmation Zones
The new chart, dated July 2, 2025, introduces a refined technical narrative with more emphasis on Fibonacci levels. The new Area of Confirmation is highlighted, positioned above the descending resistance zone around 0.00003982 BTC. The analysis highlights key Fibonacci levels: 0.5 at 0.00003982 BTC, 0.618 at 0.00006135 BTC, and 1.0 at 0.00025 BTC.
Future Predictions for XRP
EGRAG CRYPTO expects XRP to fall between $22 and $27 for this cycle. The analyst has consistently reiterated the $27 target and shown confidence that the digital asset can hit this target despite fluctuations in the market.
EGRAG CRYPTO's analysis highlights important technical levels and confirmation zones that may facilitate XRP's growth in the future.
