Following a volatile week that brought XRP back under the $3 mark, the token is now consolidating near a crucial resistance area. Traders are watching closely to see whether this pause leads to renewed strength or further decline.
Against this backdrop, EGRAG CRYPTO (@egragcrypto), a popular crypto analyst, has shared an updated chart highlighting where XRP may be headed next.
XRP Price Structure and Key Levels
The chart, based on a long-term logarithmic regression channel, illustrates XRP’s historical price cycles and highlights the asset’s tendency to revisit upper trend levels after extended consolidation.
While short-term volatility has pushed the token down to the $2.8 range, the analysis shows that the broader structure remains intact.
XRP entered the current consolidation phase after recording an all-time high of $3.65 in July. It has consolidated around $3 for some time. This recent decline has shaken the confidence of many investors who hoped the asset would repeat its performance from July.
The horizontal white zone marked on the chart between $3 and $3.5 represents a critical resistance band. This level capped the digital asset’s growth since January, and XRP remained below it until July. While the surge in July did not sustain momentum above this resistance zone, the chart shows that the consolation phase is not over.
#XRP – Consolidation Before The Next BIG MOVE: https://t.co/okzo7AkBHG pic.twitter.com/vrIkrqZNcu
— EGRAG CRYPTO (@egragcrypto) August 30, 2025
XRP Ascending Channel and Price Targets
EGRAG CRYPTO’s chart shows XRP trading within an ascending channel, with multiple channels above leading to higher targets. XRP has consistently oscillated within these channels, with major bull market peaks aligning with the upper green bands, but staying below the resistance zone. Another sustained climb above this resistance could open the door to a price discovery phase and significant growth for the digital asset.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
This update shares the same target range of $7 to $27, which the analyst set yesterday. The chart also marks a notable time point on September 29, 2025, indicating a potential decision window for whether XRP consolidates or breaks upward toward these targets.
At the current price of $2.78, XRP is down almost 7.6% from yesterday’s highs. While this decline has discouraged some investors, EGRAG CRYPTO’s post confirms that the asset is consolidating.
For the near term, XRP must first re-establish and hold above the $3 threshold. All investors have to do is watch for a decisive breakout above the resistance zone, as a major rally could begin shortly.
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 advised to conduct thorough 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.
Follow us on X, Facebook, Telegram, and Google News
