Crypto analyst EGRAG CRYPTO recently shared an optimistic outlook on XRP’s price movement, emphasizing the need for a decisive breakout above key resistance levels. In a recent tweet, EGRAG CRYPTO stated, “XRP – No More Tapping Down,” suggesting it must move beyond its repeated tests of lower support levels and establish a stronger upward trajectory.
He highlighted the $3.00 price point as a crucial milestone, asserting, “#XRP needs to close above $3.00 for bullish continuation.” This statement underlines the significance of this resistance level as a gateway to further gains. If XRP manages to break and sustain a price above this mark, it could signal a bullish trend.
#XRP – No More Tapping Down
#XRP needs to close above $3.00 for #bullish continuation
. We can't keep tapping the lower boundaries anymore! The more times we knock on that door, the greater the chance it will open
.
It’s time for #XRP to start trending upward!
… pic.twitter.com/q7ALHVPY8S
— EGRAG CRYPTO (@egragcrypto) March 14, 2025
Key Support and Resistance Levels to Watch
EGRAG CRYPTO also pointed out the repeated testing of support levels, remarking, “We can’t keep tapping the lower boundaries anymore! The more times we knock on that door, the greater the chance it will open.” This comment reflects a common technical analysis principle: when a support level is repeatedly tested without breaking lower, it strengthens the likelihood of an upward breakout.
Another critical price target mentioned in the tweet is $2.65. He stated, “It’s time for #XRP to start trending upward! $2.65 is the first critical closure.” This suggests that XRP must first secure a close above $2.65 before it can build momentum toward the $3.00 mark. The $2.65 level, therefore, serves as a short-term resistance that traders and investors are closely watching.
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Technical Chart and Future Price Potential
The chart shared by EGRAG CRYPTO illustrates XRP’s price movements, highlighting key technical zones. The blue area represents a range where XRP consolidates, while the yellow trendlines indicate long-term resistance levels. Notably, the chart projects a possible upward move, reaching as high as $4.80 if resistance levels are breached successfully.
EGRAG CRYPTO concluded the tweet with, “#XRPFamily Together We Rise.” This statement resonates with the XRP community, which remains engaged in discussions about XRP’s price potential and broader market dynamics. The overall sentiment in the post suggests that if XRP manages to close above the identified resistance levels, the market could see further bullish momentum in the coming weeks.
Market Outlook and Next Steps for XRP
As the cryptocurrency market remains volatile, traders will monitor XRP’s performance closely. The next few trading sessions will determine whether the asset can build enough momentum to close above these critical resistance levels and sustain an upward trend. If XRP closes above $2.65 and then $3.00, it could confirm a bullish continuation, increasing optimism among investors and traders.
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 urged to do in-depth 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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