Analyst Spots Critical XRP Range as Market Waits for Breakout

EGRAG CRYPTO (@egragcrypto), a prominent market analyst on X, has provided his latest outlook on XRP’s short-term movement. His assessment comes as the token trades at $3.2148, marking a 0.67% gain over the past 24 hours. Despite the modest rise, EGRAG CRYPTO’s analysis suggests that XRP remains locked in a narrow price range with clearly defined breakout points. Key Price Levels and Probabilities According to EGRAG CRYPTO, a close above $3.30 would signal bullish momentum, while a close below $3.13 would indicate bearish pressure. Until one of these outcomes occurs, he projects that XRP will continue oscillating between the two levels. He assigns a 60% probability to continued ranging between $3.30 and $3.13, with 20% chances each for an upward or downward breakout. The current chart pattern reinforces this, showing repeated tests of both limits without confirmation of a new trend. #XRP – Tight Range Analysis We're currently in a tight range, and here’s what to watch for: Close above $3.30: This is Bullish and signals strong upward momentum! Close below $3.13: This is Bearish and indicates potential downside pressure. My Take I believe #XRP … pic.twitter.com/Vbw1kPFfAY — EGRAG CRYPTO (@egragcrypto) August 12, 2025 Bitcoin’s Influence on XRP’s Next Move EGRAG CRYPTO also highlights Bitcoin’s role as a decisive factor in determining XRP’s next major move. At the time of his analysis, Bitcoin traded around $120,000, returning to record territory. EGRAG CRYPTO noted that if Bitcoin maintains strength, XRP could break above $3.30, while a reversal in Bitcoin’s trend could push XRP below $3.13. This correlation has been observed repeatedly in past market cycles, where altcoins tend to follow Bitcoin’s lead during significant moves. However, not everyone supports this view, as many experts believe XRP can break away from Bitcoin and are waiting for confirmation of this move. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Dynamics and Confirmation Signals EGRAG CRYPTO’s framework emphasizes the importance of confirmation before committing to a directional trade. A confirmed breakout above $3.30 would validate a bullish scenario, whereas a close below $3.13 with high trading volume would confirm a bearish shift. Without such signals, price movement within the current range should be considered part of ongoing consolidation. The balance of buying and selling pressure at these levels reflects a market waiting for a catalyst . While smaller fluctuations occur within the range, they have not been sufficient to establish lasting momentum in either direction. Should Bitcoin’s upward trajectory persist and XRP break above the upper limit with conviction, the market could see a sustained rally. Traders watching these levels may choose to wait for a confirmed daily close before adjusting positions. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst Spots Critical XRP Range as Market Waits for Breakout appeared first on Times Tabloid .