XRP News Today: Crypto Analyst Egrag Crypto Outlines XRP Profit-Taking Strategy With 10% Percentage-Based Exits

Crypto analyst Egrag Crypto has shared a detailed post outlining his profit-taking approach for XRP, complete with specific price targets and a structured selling strategy. The post, designed to be accessible for both newcomers and experienced followers, includes a comprehensive chart published on TradingView. This chart provides a visual representation of a disciplined and methodical framework aimed at helping investors manage potential profits while aligning their strategies with individual financial goals and risk profiles.

The chart, posted on December 13, 2024, illustrates XRP’s historical price movements alongside Egrag’s projected “Taking Profit Region” and final “Moon Bag” zone. It also highlights historical resistance levels and defines what he refers to as the “NO-NO ZONE” for XRP—extreme low price ranges between $0.2874 and as low as $0.0039, where he advises against buying or holding.

Egrag’s visual map features Fibonacci extensions used to calculate possible future resistance zones. According to the chart, the key profit-taking levels lie at the following Fibonacci targets: 1.414 ($4.4207), 1.618 ($6.3627), 1.272 ($8.3989), and 1.414 ($13.7394). The uppermost Fibonacci level noted is 1.618 at $27.8631, which he labels the “Moon Bag” range—a segment of holdings he plans to retain long-term regardless of short-term price swings.

In the attached chart, historical price spikes between 2017 and 2021 are marked with colored indicators corresponding to various market cycles, suggesting that Egrag anticipates similar explosive movements in the next phase. He emphasizes that the marked price regions between $4 and $14 form his core “Taking Profit Region.”

Responding to frequent messages asking about his approach, Egrag explains that his background in finance, spanning two decades in real estate, hotel investments, and billion-dollar project development, has influenced his current crypto strategies. He officially left his professional role in January 2024, and he now balances financial decisions with family responsibilities as a father of three.

Egrag’s primary selling method involves a structured percentage-based exit. He intends to unlock 10% of his total XRP holdings at key price milestones. This method will continue until the asset reaches the $27–$33 range, after which he plans to retain the remainder as a long-term position. This retained portion is referred to as his “Moon Bag.”

Although Egrag presents his plan, he also encourages followers to explore different methods suited to their risk tolerance and financial objectives. In his tweet, he lists multiple strategies, including recovering initial capital first, selling incrementally, holding for the long term, or aiming for generational wealth. He stresses that each investor must identify a strategy compatible with their unique circumstances and comfort level.