XRP News Today: XRP Targets 1100% Gain As Analyst Predicts July Breakout

Generated by AI AgentCoin World
Tuesday, Jun 17, 2025 4:44 am ET2min read
XRP--

Crypto analyst Egrag Crypto has released an updated technical analysis on XRP, projecting a long-term target price range between $20 and $27. The analysis, shared on June 15, 2025, includes a detailed chart with annotations highlighting key technical levels, trendlines, and predictive structures. Egrag identifies a pattern he refers to as the “Guardian Arch,” which features two significant arcs (Guardian Arch 1 and Guardian Arch 2) marked across the multi-year XRP price chart. This chart spans over a decade of monthly price action and includes references to previous take-profit levels, labeled TP1 and TP2, with TP3 now being forecast.

The latest projection is based on what Egrag terms the final “touch point” and a breakout candle, which he emphasizes as pivotal for price acceleration. The arch structures intersect near current price levels, interpreted by Egrag as a breakout zone. He visualizes a parabolic move that would take XRP toward TP3, marked at the $22 to $27 region, supported by a vertical measurement box indicating a potential gain exceeding 1,100%.

A focal point in the chart and the accompanying commentary is the 9-month simple moving average (SMA), which Egrag identifies as a key technical indicator of trend behavior. He argues that despite ongoing geopolitical instability and market uncertainty, the 9 SMA on the monthly chart has demonstrated resilience. According to Egrag, this moving average has repeatedly acted as a foundational level, serving as support during prolonged periods of consolidation and correction. He states that this indicator is now signaling either the final upward move or the beginning of a new bearish trend, implying a decisive moment for the asset. The current monthly candle appears to be consolidating near or slightly above this moving average, which he interprets as a technically positive signal, suggesting the potential for continuation to the upside.

Within the annotated chart, Egrag emphasizes the significance of “This Candle,” a label pointing to the current monthly bar, which interacts with multiple trendlines, including a descending magenta resistance line and the Guardian Arch 2 trajectory. He notes this juncture as critical, visually aligned with a vertical price projection reaching as high as $21.50, with the upper range extending to $27. Additionally, he reiterates the timing of the anticipated move, aligning the projected breakout with July 2025. In his tweet, Egrag confidently states, “In July we shall fly so high,” reinforcing his belief that the next leg upward is imminent.

An X user named Xeowolf responded to the tweet, highlighting skepticism around XRP’s past breakout predictions. They referenced a recurring pattern of optimistic projections being delayed by external market disruptions, questioning whether the current environment will finally allow the asset to achieve its long-anticipated breakout. Despite the uncertainty voiced by some followers, Egrag maintains his position, citing consistency in the chart’s structure and the technical reliability of the 9-month SMA. His latest projection builds upon previous chart analyses, reiterating his broader thesis that XRP remains on track for a substantial move, with the upcoming weeks seen as potentially decisive for the asset’s trajectory.

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