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XRP Color Code Updated: XRP Still On Track for These Bullish Targets

XRP continues to trade within a tightly monitored technical structure, with price trading around $2.90. Recent analysis suggests that while short-term movement has seen consolidation, the broader chart is pointing toward a massive rally.

EGRAG CRYPTO (@egragcrypto), a popular analyst on X, shared an upgraded version of his XRP Color Code chart, emphasizing both the structural zones and Fibonacci-based projections. According to his update, the general framework has not changed significantly, but the timeline has shifted.

He stated, “We’re still on track,” clarifying that duration is the only visible adjustment. His post also pointed out the importance of the blue supply zone, describing it as “doing its job.”

Analyzing the Chart

The chart outlines several clearly defined zones, each color-coded for interpretation. The red zone is identified as a demand area, labeled “Red Flag,” and represents a critical support base.

Above this, the yellow zone is categorized as accumulation, while the blue band represents the supply zone. The green levels, marked as bullish, indicate successive upside targets if XRP continues higher.

The analysis highlights that closing within the green zone, which begins at $3.4, would trigger a third-wave advance in the Elliott Wave structure. EGRAG CRYPTO expressed confidence in this view, stating that anything outside this projection “would be absurd.” This positions the green zone as a pivotal confirmation area for continued bullish momentum.

Fibonacci Levels and Potential Targets

The updated Fibonacci projections on the chart show several notable targets. The 1.272 extension appears around $4.16, marking an early resistance area. Beyond that, higher extensions include $5.38 (Fib. 1.618), $8.75 (Fib. 2.272), $11.32 (Fib. 2.618), $18.41 (Fib. 3.272), and a maximum target at $29.10 (Fib. 3.888).

Each of these targets falls within the bullish green zone, reinforcing the idea that breaking above the supply area could establish a new phase of upward momentum. However, the chart also includes support levels if XRP fails to climb.

The support zones beneath the current market include $2.72 (Fib. 0.702), $1.98 (Fib. 0.272), and $1.80, which fall within the red demand zone. A deeper retracement could reach $1.13 (Fib. 1.272) or $0.92 (Fib. 1), but the outlook presented suggests the probability remains weighted toward continuation rather than reversal.

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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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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