Egrag Crypto Identifies Bullish XRP Pattern – What Could Trigger the Next Breakout

According to renowned analyst Egrag Crypto, XRP is setting up a textbook price structure that historically tends to precede significant breakout moves once confirmation signals appear. The assessment reveals that the current technical setup mirrors classic reversal patterns, with XRP trading near critical resistance zones while showing signs of shifting from accumulation to expansion phases.

Egrag Crypto’s latest technical review points to a familiar sequence playing out across higher timeframes: a resistance level breaks, buyers retreat to retest the former barrier, and then momentum resumes if demand holds steady. At $1.38 currently, XRP sits comfortably within the $1.40–$1.60 support zone that anchors the broader bullish narrative, having already cleared the long-standing $2.30 resistance that capped prices for an extended period.

The Classic Breakout Setup That Repeats Across Markets

The structure Egrag Crypto flagged involves a pullback toward recently conquered resistance, a move that often determines whether previous sellers have truly converted to buyers. This phase is critical because it filters out weak momentum and validates the breakout’s legitimacy. During this retest, a bullish hammer formation emerged near the resistance zone, a candle pattern that signals buying strength when sellers fail to drive prices lower.

What separates confirmation from mere hope is the reaction at higher timeframes. Egrag Crypto emphasized that closes must clearly demonstrate acceptance above the breakout level before traders should commit to the continuation scenario. The analyst assigned probability-weighted outcomes based on how price behaves going forward: a 60–65% probability that XRP extends higher if current support holds, a 25–30% probability of extended consolidation if momentum softens without structural damage, and a 10–15% probability of a deeper pullback if critical support breaks down.

Support Zones and the Levels That Will Confirm or Invalidate the Pattern

Market participants are now zeroing in on the $1.60–$1.40 range as the make-or-break support area, with Egrag Crypto noting that losing this zone on higher timeframes would signal rejection rather than continuation. This support zone previously absorbed buying interest during XRP’s extended sideways phase, and a breakdown would negate the bullish structure entirely.

Volume behavior during pullback phases has become increasingly important among traders monitoring the setup. Sustained buying interest beneath the surface would reinforce the case for a push beyond $2.30, whereas declining volume could signal complacency ahead of the next move. The broader context suggests a potential transition from an accumulation phase toward expansion, since consolidation periods typically precede directional advances once resistance resolves decisively.

Traders remain vigilant as confirmation has yet to fully materialize, with risk management continuing to guide position sizing amid mixed momentum signals. Upcoming higher-timeframe candles are expected to clarify whether Egrag Crypto’s breakout thesis develops as anticipated or whether price settles into a holding pattern.