12 Days to Go For XRP Next Launch Pad – Top Analyst Shares What Could Happen
0
0

- XRP faces 12-day countdown as $3.30 breakout looms.
- Whales dump 470 million XRP, price struggles below $3.00.
- Analysts warn confidence crisis deepens ahead of launch pad.
According to top analyst EGRAG CRYPTO, XRP is entering a critical phase with twelve days left before its next potential breakout point. The analyst stressed that a monthly close above $3.30 would serve as the launch pad for measured moves that could define XRP’s performance in the months ahead.
The chart provided shows a long-term structure over many years. In this arrangement, XRP repeatedly faces resistance levels, and the $3.30 mark has become the mark to monitor. Analysts reckon a clear break above this figure will be a further indication of strength, and the course is open to conservative, average, or optimistic outcomes, depending on the momentum.
Also Read: Here’s Why XRP is Down All of a Sudden
Why the $3.30 Level Matters
The $3.30 mark represents both technical resistance and a key psychological barrier. According to EGRAG CRYPTO, breaking through this level would indicate a firmer base following prolonged consolidation.
Historical price action also illustrates how past cycles have correlated with comparable breakout levels, and thus, the next 12 trading days are essential.

Source: EGRAG CRYPTO
Whale Selling Adds Pressure
XRP is facing a severe crisis of confidence, driven by aggressive selling from its largest holders. As on-chain analyst Ali Martinez disclosed, XRP whales have sold almost 470 million XRP over the last ten days alone, adding to the selling pressure that has pushed the price down by 17 percent over the past month.
This massive dumping by the so-called smart money has seen the price of XRP go below the critical psychological level of $3, currently trading at $2.89. This is significantly below the 20-day EMA of $3.09 and the 50-day EMA of $2.93. These large holder selloffs have increased the fear that the institutions are selling out because of economic uncertainties.
Market Implications
The next 12 days will be decisive for XRP’s trajectory. A monthly close above $3.30 would validate the bullish setup and potentially offset concerns from recent whale activity. Failure to regain momentum, on the other hand, may have a further bearish influence and extend the present downturn.
With 12 days remaining, XRP is moving toward a launch pad moment. According to EGRAG CRYPTO, the $3.30 close remains the critical marker, though heavy whale selling continues to cloud the outlook.
Also Read: Trending: New Forbes List of Alleged SEC Securities Excites XRP Community
The post 12 Days to Go For XRP Next Launch Pad – Top Analyst Shares What Could Happen appeared first on 36Crypto.
0
0
Securely connect the portfolio you’re using to start.