Prominent analyst EGRAG Crypto has confirmed that XRP is breaking out of a key descending channel, exactly as he predicted. In an X post, he highlighted that the breakout he forecast yesterday on the 4-hour chart is “happening right now,” validating his earlier analysis. EGRAG had noted earlier that as long as XRP remains above $2.973, the configuration stays positive, aiming for $3.12122 and potentially extending beyond. Chart Dynamics The uploaded 4-hour chart illustrates the move perfectly. Price action had been compressing inside a descending channel while forming an ascending triangle — a powerful combination that often precedes strong upside. XRP repeatedly tested the channel’s upper resistance before surging higher, confirming EGRAG’s roadmap. #XRP : Breaking Out of the Descending Channel! Check out my detailed prediction from yesterday on the 4-hour time frame! Once again, my analysis was spot on! The Post is below Now, let's dive back into the technical analysis Let’s Zoom In : The breakout is happening… https://t.co/ph79DpSEoo pic.twitter.com/LjeKzQJK9c — EGRAG CRYPTO (@egragcrypto) September 12, 2025 His analysis also pinpointed key safety nets: the 21 EMA at $2.957, the 100 EMA at $2.912, and a critical retest level at $2.85 if momentum falters. These levels now act as important markers for traders monitoring the breakout. Confirmation from Live Market Data Real-time market feeds show XRP recently trading above $3.00, aligning with EGRAG’s breakout narrative and strengthening the case for his short-term target near $3.12. Broader technical commentary notes that clearing the $3.10–$3.40 region could open the door to a more extended rally , provided buying pressure remains strong. The clean separation from the descending channel adds further conviction to the bullish scenario. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Supportive Market Environment This breakout comes as risk appetite across the crypto market improves. Analysts report increased institutional participation and higher intraday volumes, creating deeper liquidity for altcoins like XRP. Stronger bids and renewed momentum provide the perfect backdrop for a sustained move higher once a pattern like this confirms. Trading Perspective EGRAG’s strategy is clear: wait for confirmation and manage risk carefully. Traders eyeing this move should watch for a decisive 4-hour close above the triangle and channel, accompanied by rising volume. Staggered entries and stops just below the EMA band or near the $2.85 level can help protect capital while leaving room to capture potential gains if XRP meets or exceeds the $3.12 target. EGRAG Crypto’s analysis has unfolded with striking precision. If market momentum continues. Traders and investors now have a clearly defined map: maintain key supports and let the breakout unfold. 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 XRP: The Breakout Is Happening Now appeared first on Times Tabloid .
