XRP could be approaching one of its most decisive moments yet, according to a new analysis from market watcher Egrag Crypto.
The analyst argues that long-term chart patterns are aligning in a way that could mark the beginning of a historic shift for the token.
Egrag highlighted the formation of five consecutive bullish candles on the two-month timeframe, describing the parabolic structure as unlike anything previously seen for XRP. In his view, even if the price were to retreat below $2, investors who accumulate at these levels could later be considered “early whales,” similar to Bitcoin buyers who entered the market when BTC was valued in the low hundreds.
Drawing on his “buy low, sell high” philosophy, Egrag advised traders to treat short-term positions as secondary, suggesting that no more than 10–20% of a portfolio should be used for swing trades. The primary focus, he argued, should remain on long-term positioning, where the larger potential gains lie.
He reminded followers that he had been vocal about accumulating XRP below $1 despite criticism, emphasizing his consistency in holding to a long-term mission.
From a technical standpoint, the key threshold to watch is $3.70. Egrag noted that if XRP can achieve a solid two-month candle close above this level, the move could act as a launchpad, signaling the beginning of a new growth phase for the asset.
The analysis comes at a time when XRP continues to face heavy scrutiny from both market participants and regulators, yet interest in its long-term potential remains high. For traders and investors, the next few months may prove critical in determining whether XRP truly enters the “historic turning point” its supporters have long anticipated.
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Source: https://coindoo.com/xrp-news-price-nears-make-or-break-zone-that-could-decide-its-future/