Analyst Provides Level-Based Roadmap for XRP’s Bull and Bear Scenarios

• EGRAG Crypto’s “Bent Fork” model projects a potential XRP rally to $23 if momentum holds.
• XRP must defend key supports at $2.90, $2.65, and $2.33 to sustain its bullish structure.
• Falling below $1.62 would confirm a bear market and shift sentiment decisively bearish.

XRP’s future may hinge on the critical price levels it’s battling right now. As the token struggles to hold support around the $3 mark, top market analyst EGRAG Crypto has outlined both the bullish path that could take XRP to new highs and the danger zone that might signal a full-blown bear market.

The “Bent Fork” Formation and Breakout Level

EGRAG’s analysis uses a logarithmic regression model he calls the “Bent Fork,” which has historically guided XRP’s parabolic moves. The model maps cycles where XRP surged to the upper arch of the channel:

• Cycle 1: XRP reached the upper arch at $0.0614 in December 2013.
• Cycle 2: XRP touched $3.3 in January 2018.
• Cycle 3: The upper arch now sits at $23, EGRAG’s projected “Valhalla” target.

He believes that if XRP can sustain momentum and replicate previous cycle breakouts, it could eventually hit this upper boundary again…

The post Analyst Provides Level-Based Roadmap for XRP’s Bull and Bear Scenarios appeared first on Coin Edition.