XRP has faced another notable decline, with its current trading level near $2.82 raising concerns among market participants.
With the asset currently falling, EGRAG CRYPTO (@egragcrypto) has weighed in on its performance, suggesting the bearish pressure could continue and send XRP below lower support levels.
He shared an intriguing chart that shows XRP’s potential trajectory. The chart initially appears to reinforce the community’s concerns, as the downward movement suggests persistent bearish pressure. The repeated tests of support and the proximity to lower channel boundaries would normally imply that further losses remain likely.
However, a closer look at EGRAG CRYPTO’s chart challenges this straightforward interpretation, presenting a different view of the trend structure and revealing his true feelings about the asset’s future.
#XRP – Is It Crashing So Hard? 🥹
It looks like #XRP is experiencing a significant downturn, and the trend may continue as we head toward the green circles on the chart.
What to Expect:
Continued Decline: If the current momentum persists, we could see further drops 🟢🟢🟢🟢🟢… pic.twitter.com/sIjai12kWV— EGRAG CRYPTO (@egragcrypto) August 29, 2025
Interpreting the Channel Patterns
The chart shows multiple parallel zones, colored in green, that at first glance resemble descending channels. Closer examination reveals that the chart is inverted, and the alignment of these channels is upward, not downward, which significantly changes the implications. Rather than a prolonged bear structure, the chart outlines a series of ascending channels that project higher future valuations for XRP.
The repeated touches near the bottom levels reflect stability rather than deterioration, setting the groundwork for eventual movement toward much higher targets.
XRP Projected Price Levels
The highlighted green circles mark specific levels where EGRAG CRYPTO expects XRP could rise in the future. The most immediate target identified on the chart is $7. From the current price of $2.82, this represents an increase of approximately 148%. The next significant level is near $11, which would mark an advance of roughly 290% from today’s market position.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Beyond these, the highest target highlighted on the chart is $27, a target EGRAG CRYPTO has reiterated consistently. This represents a potential climb of 857% for the digital asset, showing the magnitude of the targets being considered, and positioning XRP as a candidate for substantial future growth should the structure hold.
EGRAG CRYPTO’s chart delivers a counterintuitive but structured perspective on XRP’s trajectory. Although the short-term price action has been difficult, the longer-term view presented here outlines a potential for significant appreciation.
With targets ranging from $7 to $27, the analysis suggests that current levels may represent a foundation for growth rather than an end to bullish 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.
Follow us on X, Facebook, Telegram, and Google News
