Market analyst EGRAG Crypto has highlighted a technical level he describes as the “Chasm Line,” a trendline he believes could play a decisive role in determining the next major price phase for XRP. His latest analysis comes as the asset continues to face resistance below $3.10 despite Bitcoin’s strong rebound. At the time of writing, XRP trades around $2.95 , up roughly 45% since the start of the year but still significantly below its historical peak. In contrast, Bitcoin recently reclaimed $122,000, reinforcing its dominance during the current market recovery. The Historical Role of the Chasm Line According to EGRAG’s multi-year price analysis, the Chasm Line has historically served as a marker for XRP’s cyclical tops. His chart review, based on three-week intervals, shows that XRP has approached or interacted with this trendline in previous market cycles, with each retest signaling a major turning point. #XRP – The Chasm ($10.30) : As of today, the price of touching The Chasm is $10.30 . As time goes on, the price of the Chasm continues to rise. ONLY FEW AND PATIENCE TRULY GETS IT #XRPFamily STAY STEADY and STRONG , Together We Rise and Soon We Shall Fly… pic.twitter.com/rTA4YAkvta — EGRAG CRYPTO (@egragcrypto) October 3, 2025 For instance, XRP peaked at $1.96 in April 2021 during the 2020-2021 bull run. This price coincided with the Chasm Line, which subsequently acted as resistance. The token struggled to break above that level and later entered a period of correction as overall market momentum slowed. XRP demonstrated similar behavior in the 2017–2018 cycle. In May 2017, the token surged to $0.3988, aligning with the Chasm Line at the time. Although it experienced a short-term pullback, XRP later exceeded the trendline, rising to a record high of $3.31 by January 2018. EGRAG classified this breakout as an exception rather than the norm but noted that it underscored the importance of this technical level as a long-term reference point. What the Chasm Line Means for Today’s Market In the current cycle, the Chasm Line appears much higher, now positioned near $10.3. EGRAG’s analysis suggests that XRP would need to rally to at least this level to retest the trendline. Achieving that target would represent a more than threefold increase from current prices and could mark the lower boundary of a potential cycle top if the pattern continues to hold. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 While such a move may appear ambitious, EGRAG pointed out that historical cycles indicate that XRP has the potential to extend beyond this line under favourable conditions. In the 2017 cycle, XRP advanced more than 600% above the Chasm Line before its eventual peak. Applying a similar trajectory in the current context could imply prices exceeding $70, although he acknowledged that such levels may not be realistic within this market phase. Market Outlook and Analyst Commentary EGRAG emphasized that investors who maintain long-term positions may be best positioned to benefit from the next significant rally, reiterating the importance of patience. This perspective aligns with comments from financial educator Coach JV, who has consistently advised that meaningful movements in XRP tend to occur rapidly once market catalysts align, leaving little time for late entrants to participate. Other analysts have also weighed in on potential price targets. Market observer Mikybull recently suggested that XRP could be approaching the final upward phase of its current cycle, projecting a conservative target between $6 and $10 , with an extended target of $21 under ideal conditions. The Chasm Line remains a focal point in EGRAG’s technical framework, serving as both a benchmark for XRP’s cyclical performance and a reference for assessing its future potential. If XRP were to approach or surpass this line again, it could signal a new phase of market expansion. However, reaching such levels would depend heavily on sustained momentum across the broader cryptocurrency market and renewed investor demand for XRP. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Analyst Identifies Key “Chasm Line” Level That Could Define XRP’s Path to $10 appeared first on Times Tabloid .
