Crypto analyst Egrag Crypto has highlighted a significant technical zone for XRP, stressing that the $3.13 to $3.20 range is the most important level for the asset in the current market structure.
He referred to this range as the “pinkish square” and explained that, despite multiple attempts, XRP has not yet closed a single 3-day candle above it. According to him, until that confirmation happens, XRP remains in a broad consolidation phase rather than entering a definitive breakout trend.
The chart shared by the analyst shows XRP trading around $3.02 at the time of posting, moving within an ascending structure but still struggling to push through resistance. The outlined zone between $3.13 and $3.20 represents the barrier that bulls must overcome to confirm strength. Until then, the asset remains vulnerable to fluctuations within the established range.
#XRP – Pinkish Square ($3.13 – $3.20) 📊:
🟣I love seeing the bears get wrecked! 😄 I can't explain why, but it feels like revenge against those who had no solid technical analysis or math behind their Bearishness.
🟣Now, the same goes for the bulls! 🐂 You need to get wrecked… pic.twitter.com/4worTQq7Wn
— EGRAG CRYPTO (@egragcrypto) October 3, 2025
The Broader Range and Downside Scenarios
Egrag Crypto opined that XRP has been moving in a macro range, between $2.65 and $3.65 for some time, with repeated rejections and bounces. This range continues to define the market’s behavior, and he noted that until a breakout is confirmed, traders should expect price action to remain contained within it.
He also warned that a failure to close above the pinkish square could bring downside pressure, particularly if Bitcoin and Ethereum face rejections at their own resistance levels.
In his view, such a scenario would likely see XRP drop back toward lower support levels, potentially retesting the $2.65 region. This would keep the market in a corrective stance before any decisive upward move takes place.
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The Potential for an Explosive Move
Despite his caution regarding the current resistance, Egrag emphasized that once XRP does manage to close above the $3.13 to $3.20 zone, the move could trigger a sharp and impulsive breakout.
He suggested that such an event would likely generate significant gains, describing the next leg higher as potentially explosive. This aligns with his ongoing analysis that XRP is building strength for a larger rally, but only once key technical confirmations are met.
Staying Focused on the Bigger Picture
Egrag reminded the XRP community that patience remains essential in this stage of the market. While short-term volatility can cause both bullish and bearish positions to be tested, the broader technical setup points toward eventual strength. Until a decisive close above resistance occurs, however, he cautions that the asset is effectively ranging.
His analysis provides a clear framework for traders and long-term holders alike: the $3.13 to $3.20 range is the level that must be broken for momentum to shift decisively. Until then, the market remains in waiting mode as both downside risks and upside potential are firmly on the table.
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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