XRP’s $30 Moon Shot? Wave Analysis Reveals Make-or-Break Rally Ahead
XRP traders are strapping in for a potential moonshot as technicals hint at a do-or-die breakout.
Wave patterns suggest the embattled token—still licking its wounds from the SEC circus—could either rocket toward that fabled $30 target or face yet another 'rug pull' moment. (Because what’s crypto without a little existential whiplash?)
Key levels to watch: The 0.618 Fibonacci retracement—aka the 'trader’s copium zone'—could spark fireworks if bulls hold the line. Meanwhile, skeptics eye the descending channel like a hawk, muttering 'told you so' into their overpriced lattes.
One thing’s certain: In a market where 'fundamentals' are just astrological charts for finance bros, XRP’s next move will be pure theater.
- XRP holds critical $3 support as traders eye possible breakout.
- Profit-taking zones identified between $4 and $30.
- EGRAG highlights the value of reacting, not predicting.
- Weekend dip could be setting up a bullish surprise.
XRP’s future price direction is once again in focus. EGRAG CRYPTO, known for his chart-based approach, shared an updated outlook with three possible regions for taking profits.
His first zone, the most conservative, falls between $4 and $6. This range comes from a measured MOVE using inverse Fibonacci levels from a previous wave. He sees this as the likeliest spot where early holders will begin cashing out.
Next is the $11 to $13 zone. This comes from another pattern using a standard Elliott Wave projection. If XRP mirrors earlier cycles, this second region becomes the most realistic high in the midterm. Both areas offer levels where those holding long-term positions may consider stepping out rather than hoping for unpredictable tops.
Ambitious Wave Count Hints at $27–$30 Zone
The third zone is far more ambitious. This one calculates potential based on a wave count that started in early 2020. The price projection lands between $27 and $30. It uses a 1,750% return estimate on a larger wave move. While this isn’t impossible, it’s a stretch that only a few might benefit from, if they time it perfectly.
EGRAG doesn’t recommend waiting for these extreme levels. He stresses reacting to what the market offers rather than waiting on a specific number. His Core belief is that success doesn’t come from guessing the top but from learning how to exit smartly based on repeating cycles.
XRP Bullish Setup Intact If $3 Holds, Says CasiTrades
On a shorter timeframe, CasiTrades gave her own update. XRP recently failed to stay above the $3.21 resistance and dropped back to test the $3.00 mark. But it didn’t make a lower low, which is a good sign. According to her, this move might have completed a subwave retracement within a larger bullish trend.
She points to a 0.854 Fibonacci retrace as evidence of a potential reversal zone. If the $3 level continues to hold and XRP regains strength to break above $3.21 again, momentum could push the price to $3.82. That level aligns with a common Fibonacci extension and matches a historical high some traders still reference.
Weekend Dip or Opportunity?
Many traders are cautious after recent pullbacks, and some are distracted by the weekend lull. But CasiTrades believes that’s often when moves catch people off guard. A quiet phase like this could be the perfect setup for a sudden breakout.
Whether targeting $4, $11, or a lofty $30, the message from both traders is clear: take action when the market presents the chance. Don’t wait for perfection. The cycles repeat, but not everyone will catch them at the right moment.
