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Top Analyst Reveals What Could Trigger XRP Next MEGA Pump of 600%

10d ago
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XRP may be preparing for another historic price breakout, according to analyst EGRAG, who believes the token is moments away from igniting a 600% rally. XRP’s initial uptrend momentum has momentarily stalled over the past few days, as the coin continues to consolidate above $3. Today, the price has even dipped by over 5%, trading at $3.15 at press time. Meanwhile, savvy market watchers like EGRAG are spotting cues for the next historic price movement. According to him, the trigger would be a strong close above what he calls the “Bifrost Bridge,” a resistance zone that has capped XRP for over 240 days. The Bifrost Bridge: XRP’s Final Barrier Before Liftoff In a chart shared with followers, EGRAG highlighted a long-term trend channel dubbed the Bifrost Bridge. Notably, this marks a zone of historical resistance that XRP has tested for more than 242 days. According to his analysis, XRP has been stalling beneath this level, but a decisive close above it could initiate a parabolic move toward $27. EGRAG notes that once this barrier is cleared, XRP could gain over 600% in what he calls a mega pump.
EGRAG's XRP chart with The Bifrost Bridge
EGRAG's XRP chart with The Bifrost Bridge
Amid the long wait for the widely teased lofty prices, EGRAG urges the XRP community to “hold steady and strong,” promising that "Soon We Shall Fly So High." $4–$15 Still in Play: Other Analysts Agree EGRAG’s explosive target is not without support. Earlier this week, analyst Zach Rector forecast that XRP could hit $4 to $5 “any day now,” calling for a breakout in the short term. His chart highlighted a consolidation structure around $3.19, with a breakout window stretching from August 23 to September 7. Beyond the $5 zone, Rector places XRP’s mid-to-long-term upside between $7 and $15. Fibonacci Targets Add Technical Backbone Meanwhile, Tony Edward of the Thinking Crypto Podcast shared a separate weekly chart showing Fibonacci extension levels that point to $4.50, $6, $8, and $9 as potential price targets for the coin this season. These Fibonacci targets present a technical structure that aligns with the $15 projections shared by other analysts and may act as steppingstones on the way to EGRAG’s $27 moonshot. Historical Surge Patterns Back $20–$30 Possibility In previous analyses, EGRAG has also referenced XRP’s historic rallies to justify his bold upside projections. He recently pointed to a 2,600% surge in 2017 to support a $33 price target for this cycle, and a 500% surge in 2021 to argue for $7. Averaging these, EGRAG outlined a $20 target for the current cycle, which aligns with the ongoing 600% projection. With $3.66 as the next resistance and the Bifrost Bridge holding the key to a massive pump, XRP’s next few weekly candles may prove historic. If bulls can break and close above this zone, a swift run toward $7–$15 and potentially $27 may follow, according to these analysts.
10d ago
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