Egrag Crypto, a widely followed market analyst, has once again made waves among XRP investors with a bold declaration: “I am 100% Right.” In his latest X post, Egrag showcased a paired “before-and-after” TradingView chart highlighting an inverse head-and-shoulders (IHS) formation on XRP’s price chart.
According to him, this technical setup remains intact and is targeting a measured move up to $3.045. His annotated chart marks the head near $2.65, the neckline around $2.89, and the projected breakout path toward the target.
Inverse Head-and-Shoulders
The inverse head-and-shoulders is a widely recognized bullish reversal pattern. It forms after a downtrend and is characterized by three troughs, with the middle one—the head—being the lowest.
The neckline connects the highs between these troughs. Once price convincingly breaks above the neckline, analysts measure the vertical distance from the head to the neckline and project it upward to determine the potential target.
#XRP – I am 100% Right:
No one talked about this mini-Move from #XRP the Inverse Head & Shoulder:
Before:
After: The measured move still has room to touch $3.045 pic.twitter.com/6DyhQOXLBl
— EGRAG CRYPTO (@egragcrypto) September 9, 2025
In this case, Egrag’s analysis shows the neckline at $2.89, with a clear breakout attempt already underway. The distance from the $2.65 low (the head) to the neckline produces a projection that aligns almost perfectly with the $3.045 target he cited.
Market Validation
As of report time, XRP is trading around $3.00, placing it within striking distance of the $3.045 objective. Market data confirms that price action has already breached the neckline, validating the structure of the pattern. The move adds credibility to Egrag’s projection and suggests the market is respecting the technical levels he outlined.
Moreover, independent technical commentaries in recent weeks have pointed to similar bullish formations, further reinforcing confidence in the pattern’s reliability. XRP’s advance toward $3 marks one of its strongest performances of the year and positions it closely with Egrag’s forecast.
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Key Risks and Confirmations
While the inverse head-and-shoulders is a reliable setup, it is not without risks. Professional analysts stress the importance of confirmation signals before declaring success. Ideally, price should close decisively above the neckline on strong volume, and a retest of the neckline as support would add further credibility to the breakout. Without such confirmation, false breakouts remain a possibility.
Investors should also watch for external market drivers. Broader crypto liquidity, Bitcoin’s trajectory, and macroeconomic sentiment continue to exert influence on XRP. A sudden reversal in market tone could stall or invalidate the projected move.
Evaluating Egrag’s Claim
From a purely technical standpoint, Egrag Crypto’s analysis is accurate. He identified a textbook pattern, applied the standard measured-move projection, and highlighted key levels with precision. With XRP already near $3.01, the move toward $3.045 remains within reach, making his assertion credible in the current context.
However, as with any chart-based forecast, the projection should be treated as a technical objective rather than a certainty. The market must sustain momentum, volume, and support structure to validate the full target.
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 urged to do in-depth 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.
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