XRP has been moving through a volatile trading range, with recent price action discouraging many investors. $2.65 now stands out as the key support level, and while the asset recently bounced above $2.7, pressure remains near this zone, leaving traders focused on whether momentum can shift upward or slip lower.
EGRAG CRYPTO (@egragcrypto), a well-followed analyst on X, has shared his latest perspective on the current setup. He emphasized that for XRP to maintain a bullish continuation, it needs to achieve several key closes. According to the analyst, the market should secure daily closes above $2.85, then $2.95, with $3.13 marking the next critical threshold.
Beyond that, $3.4 stands as the defining point where it could target a new all-time high. At the same time, he acknowledged the importance of the $2.65 zone, stating that a close below it could introduce further downside pressure.
#XRP – Throwback Update! 🔄:
For a #Bullish continuation, #XRP needs to close above the following key levels:
▫️$2.85
▫️$2.95
▫️$3.13And of course, $3.40, which would signal a new all-time high (ATH)! 🚀
However, we are still seeing a retest of $2.65, which has been my… https://t.co/tmXPRGIhv0 pic.twitter.com/vD4l0mAr60
— EGRAG CRYPTO (@egragcrypto) September 2, 2025
Chart Patterns and Throwback Structure
The chart posted by the analyst displays a structured pattern of higher moves followed by corrective phases. The highlighted “Throw Back” region reflects the current retest of lower levels after the sharp rise earlier in the summer.
This type of throwback often acts as a retesting mechanism for support before resumption of the upward trend. The outlined resistance levels at $2.85, $2.95, and $3.13 align with the previous rejection zones, while the $2.65 level sits firmly as the foundation of the current structure.
The formation also suggests that buyers are defending against a deeper pullback, but market strength has not yet been fully confirmed. The overlapping resistance zones show that XRP’s path forward will depend on how decisively it can break from this consolidation range and hold above these figures.
XRP’s Upside Potential
With the current price around $2.80, the next major target of $3.40 represents a meaningful increase. That level would deliver a gain of approximately 21% from the current zone, and set the asset up for a run toward its all-time high of $3.65.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Beyond that, the chart indicates a longer-term target in the $4 to $4.2 region, marking a potential breakout move of up to 50%. However, the necessity of breaking through incremental resistance points makes the journey to those levels dependent on sustained momentum.
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.
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