XRP’s long-term monthly chart has drawn the attention of crypto analyst Egrag Crypto. The analyst identified a large multi-year triangle and labeled the structure the “White Bridge,” while se
XRP’s long-term monthly chart has drawn the attention of crypto analyst Egrag Crypto.
The analyst identified a large multi-year triangle and labeled the structure the “White Bridge,” while setting $1.70, $6.40, and $30 as key levels in his roadmap. His analysis focuses on XRP’s historical price interactions with the structure rather than short-term market movements.
Egrag Crypto presented the analysis on X and asked traders to temporarily ignore XRP’s name, utility, fundamentals, partnerships, and announcements. Instead, he urged them to focus solely on the monthly chart. He argued that the chart itself shows a recurring pattern that has developed over several years.
The accompanying TradingView chart tracks XRP’s monthly price action and shows two major trendlines converging over time. Egrag Crypto marked several areas where XRP approached the structure and subsequently moved higher. He summarized the historical behavior as “Touch → Bounce” and “Retest → Expansion.”
Egrag Crypto Sets Three Key XRP Price Levels
Egrag Crypto identified $1.70 as the first major level in his roadmap. XRP currently trades around the $1.49 area on the chart, making $1.70 the next level he wants the market to challenge.
He then set $6.40 as his GREEN target. The chart places this level well above the current price and connects it with the upper section of the long-term structure.
Egrag Crypto also marked $30 as his WHITE macro target. His chart projects the level toward the upper end of the long-term formation and extends the technical outlook into the later years shown on the monthly timeframe.
The analyst stressed that he studies the monthly macro structure rather than short-term candles. He said traders could apply the same technical setup to an asset with no link to XRP and still find the chart worth watching.
XRP Fundamentals Could Add to the Technical Setup
After separating the chart from XRP’s fundamentals, Egrag Crypto brought those fundamentals back into his broader thesis. He pointed to years of fundamental development and said traders could consider those developments alongside the long-term price structure.
His post also rejected the idea that his analysis depends on one major announcement. Instead, Egrag Crypto focused on the combination of long-term price behavior and continued fundamental development around XRP.
At the same time, he acknowledged that markets do not guarantee specific outcomes. His $1.70, $6.40, and $30 levels therefore represent his technical roadmap rather than certain future prices.
For Egrag Crypto, the monthly chart remains the central point of the analysis. He believes XRP’s repeated interactions with the long-term triangle make the current structure significant, while the next major test begins around the $1.70 level.
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