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XRP 4,383 Days of Perseverance: Here’s What Is Coming for XRP In 6 Days

Crypto analyst Egrag Crypto has highlighted a milestone moment for XRP, pointing out that the asset has moved through a span of 4,383 days, covering twelve years on the chart, and now stands on the verge of recording a new historical achievement.

His analysis focuses on the two-month timeframe, where he draws attention to a critical development that he believes defines the current stage of XRP’s cycle.

According to him, while XRP once briefly reached the $4.13 range before entering a prolonged bear market, the market structure has now shifted, and the coming days will provide important confirmation.

First-Ever Close Above $2 on the Two-Month Chart

At the center of Egrag Crypto’s observation is the prospect of XRP closing a full two-month candle above the $2 level for the very first time. He stresses that this is not about temporary intraperiod spikes but rather about the significance of a confirmed close that reflects strength across a higher timeframe.

If XRP completes this candle above $2 in six days, it would represent the highest two-month closure in the asset’s history. Egrag frames this as a pivotal signal that could mark the continuation of XRP’s broader expansion phase.

Cycle Targets and Fibonacci Levels

Egrag maintains a clear set of price targets derived from Fibonacci extensions, which he has consistently applied to his long-term framework.

These levels remain unchanged, with the 1.272 extension identified at around $8, the 1.414 extension near $13, and the 1.618 extension near $27. His commentary underscores that these figures have been in place since the beginning of his cycle analysis and that the current market movement continues to align with them.

By reiterating these levels, he emphasizes the structured nature of his outlook and positions the anticipated two-month close above $2 as the technical foundation for the journey toward those targets.

Chart Details and Long-Term Structure

The chart shared alongside his update displays XRP/USD on a two-month scale, with key markers including the $2.27 level at the 0.888 line and the $3.31 level at the 1.000 line.

Egrag highlights “72 bars, 4,383 days” to emphasize the length of time the asset has been developing within this structure. His chart construction is intended to frame the moment as not only a short-term opportunity but also a continuation of a multi-year narrative that now appears to be approaching its next major stage.

Six Days Until Confirmation

The timing of this development is narrowed to the remaining six days of the current two-month candle. Egrag indicates that the focus should be on closing the candle itself.

The analyst describes this upcoming close as unprecedented, tying it directly to the long-term Fibonacci targets he reiterates. His message is for those maintaining patience and consistency as the chart approaches a key historical milestone.

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.

 

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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