‘XRP Blast’ Incoming? Egrag Crypto Excites XRP Community With New Wave 3 Analysis

In Brief:

• EGRAG CRYPTO suggests that XRP’s ABC correction may have completed Wave 2, potentially setting up Wave 3 of price expansion.
• XRP must surpass $3.40–$3.50 to support EGRAG’s bullish outlook targeting $8.00, $15.09, and $31.19 through three Fibonacci extension price levels.
• EGRAG’s roadmap includes a Wave 4 correction following Wave 3, before a fifth wave brings another potential period of expansion.

 

Crypto analyst EGRAG CRYPTO has projected a potential XRP expansion toward $31.19, identifying $3.40–$3.50 as a key breakout threshold. According to his recent update on X, an ABC correction may have completed Wave 2, potentially setting up an XRP “blast.”

XRP’s $3.40–$3.50 High Marks EGRAG’s Wave 3 Confirmation Level

EGRAG identifies a move above XRP’s previous $3.40–$3.50 high as a major signal that the third wave could be underway. He identifies this breakout requirement alongside three Fibonacci targets, outlining the potential scale of the anticipated expansion.

The macro roadmap begins with an $8.00 target at the 1.236 Fibonacci extension, followed by $15.09 at the 1.414 extension. EGRAG places the highest target at $31.19, corresponding to the 1.618 extension within the projected price sequence.

These targets depend on the proposed completion of Wave 2, which EGRAG associates with the current ABC corrective structure. The analyst introduces that interpretation conditionally before identifying Wave 3 as the next potential stage in the broader sequence.

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EGRAG describes the first wave as the foundation of the move and the second wave as a test of patience. He then characterizes the third wave as the expansion phase, suggesting that XRP could be approaching its beginning.

Alongside the price objectives, EGRAG emphasizes confirmation through a move beyond the previous high rather than declaring Wave 3 underway. The $3.40–$3.50 range therefore represents the specific threshold named in the analysis for a major signal supporting that interpretation.

EGRAG Outlines a Fourth-Wave Correction and Fifth-Wave Expansion

Meanwhile, EGRAG states that Wave 3 is typically 161.8% of Wave 1 while outlining the anticipated expansion. He also emphasizes that the third wave would not mark the end of the broader Elliott Wave sequence.

The roadmap moves from the initial first wave through the second-wave correction and into the proposed third-wave expansion. EGRAG then places a fourth-wave correction after that advance, followed by a fifth wave that could produce further expansion.

This five-stage sequence forms the structure behind the analyst’s outlook, with corrective phases separating the projected periods of upward movement. EGRAG specifically labels Wave 5 as the final expansion stage, while presenting Wave 3 as the potential beginning of the “blast.”

Throughout the update, the analyst links that bullish scenario to the accuracy of the proposed count and the breakout signal. The forecast combines the three Fibonacci objectives with a sequence that includes another correction before the fifth-wave advance.

EGRAG’s analysis outlines potential XRP targets of $8.00, $15.09, and $31.19 if the proposed Wave 3 scenario develops. He identifies a break above $3.40–$3.50 as a major signal supporting that outlook, followed by the remaining fourth and fifth waves.

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