TLDR
- XRP price is trading near $2.82 and has raised concerns among market participants.
- EGRAG CRYPTO stated that the chart structure points to stability instead of deterioration.
- His analysis showed inverted ascending channels that project higher future valuations for XRP.
- The first target marked on the chart is $7 which signals about 148% growth.
- Another significant target is $11 which represents an increase of nearly 290% from current levels.
XRP price has slipped toward $2.82, stirring debate about whether the asset faces deeper declines or hidden bullish strength. Market watchers noted sustained pressure, but analyst EGRAG CRYPTO presented a strikingly different interpretation through his chart analysis. His perspective suggested stability near current levels could prepare the foundation for a long-term climb.
XRP Price Tests Support Amid Bearish Concerns
The XRP price has tested lower support zones several times, reinforcing community concerns about continued downside risks. Many participants believe these repeated tests indicate weakness, suggesting bearish momentum may persist if supports fail. However, EGRAG CRYPTO challenged this conventional view by publishing a chart with an unusual structure.
#XRP – Is It Crashing So Hard? 🥹
It looks like #XRP is experiencing a significant downturn, and the trend may continue as we head toward the green circles on the chart.
What to Expect:
Continued Decline: If the current momentum persists, we could see further drops 🟢🟢🟢🟢🟢… pic.twitter.com/sIjai12kWV— EGRAG CRYPTO (@egragcrypto) August 29, 2025
He emphasized that the chart showed multiple parallel green zones resembling downward channels at first glance. Yet, after closer inspection, these channels were revealed to be inverted and aligned upward. Consequently, the interpretation shifts from bearish signals to an ascending structural outlook.
According to his assessment, the repeated touches at lower boundaries imply resilience instead of deterioration. This observation reshapes how the XRP price action is currently understood. Therefore, the discussion about whether XRP price is crashing gains new perspective.
Analyst Sees Strong Upside for XRP
The analyst’s chart outlined several levels where he expected potential upside momentum. The immediate target he marked was $7, signaling nearly 148% growth from $2.82. He also highlighted $11 as a larger milestone, which implied almost 290% upside.
Each green circle on the chart represented possible upward movements within these channels. The XRP price at those points demonstrated consistency with the pattern of gradual structural recovery. Consequently, the near-term bearish mood may not eliminate the asset’s bullish potential.
EGRAG CRYPTO added that the highest level on his chart remained $27. At that point, XRP price would gain around 857% from today. This projection illustrated the scale of possible appreciation if the trend structure holds intact.
Analyst Projects XRP Rise to $27
Despite recent declines, the analysis argued the foundation for long-term growth is building. The XRP price stability at lower zones may strengthen investor confidence over time. Thus, the narrative of an extended crash may not be definitive.
“Repeated touches near the bottom levels reflect stability rather than deterioration,” EGRAG CRYPTO remarked in his assessment. This statement reinforced the view that present weakness could disguise potential accumulation. Therefore, XRP price appears set for future growth if ascending channels remain valid.
The projections from $7 to $27 provided a structured roadmap. These levels established concrete markers for possible medium- and long-term rallies. Accordingly, XRP price could still emerge as a candidate for strong appreciation.
