TimesTabloid
2026-05-31 17:02:18

Egrag Crypto: The Level XRP Must Surpass for Major Breakout

XRP continues to trade inside a critical consolidation zone, with crypto analyst EGRAG CRYPTO (@egragcrypto) arguing that the market structure points to re-accumulation rather than a trend reversal. In a recent post, he highlighted what he calls the “blue box,” a range where XRP has spent recent months compressing after its sharp rally earlier in the cycle. While several monthly candles show notable upper wicks, the analyst believes traders should focus on the overall structure rather than individual rejections. “The real signal is NOT the wicks,” EGRAG CRYPTO wrote, adding that traders should watch “HOW price exits the blue box.” #XRP – The Blue Box Is Speaking : Many are seeing the 3 upper wicks and screaming: “SELLERS IN CONTROL!” But the chart is telling a deeper story. Yes, upper wicks = rejection. BUT… Where is the aggressive breakdown? Where is the bearish expansion? Where is the… pic.twitter.com/u8EbvNwf2q — EGRAG CRYPTO (@egragcrypto) May 30, 2026 XRP Consolidates Above Major Support The chart shows the asset pulling back from its all-time high of $3.65 in 2025 before settling into a narrow trading range around $1.34. A key feature of the chart is the blue box, which marks the current consolidation area. XRP has remained within this zone despite repeated tests from sellers. At the same time, the price has remained well above the major support area near $0.78, which previously acted as resistance before the late 2024 breakout . EGRAG CRYPTO acknowledged the presence of upper wicks on recent candles but argued that the market has not shown signs of a major breakdown. Instead, he pointed to tight candle bodies, volatility compression, range holding, and weakening selling momentum as evidence that XRP continues to build structure above support. The chart reflects that view. Since peaking earlier in the cycle, XRP has moved sideways rather than entering a steep decline. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Why $1.80 Remains the Key Level According to the analyst, the next major signal will come from a decisive move outside the blue box. The chart highlights $1.80 as the primary upside trigger . That level sits above the current consolidation range and near a key resistance area. EGRAG CRYPTO stated that a break above $1.80 would mean the activation of XRP’s expansion phase. A successful breakout could shift attention toward the higher Fibonacci extension targets shown on the chart. Those levels sit at approximately $5.55, $6.91, and $9.46. What’s Next for XRP? For now, XRP remains trapped between support and resistance. A move above $1.80 would signal a break from the current consolidation pattern and could open the door to another expansion phase. On the downside, EGRAG CRYPTO identified lower support zones around $1.11 and $0.78 if the blue box fails to hold . Until XRP makes a decisive move, the analyst believes the market remains in a re-accumulation stage. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Egrag Crypto: The Level XRP Must Surpass for Major Breakout appeared first on Times Tabloid .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.