EGRAG CRYPTO Says XRP Macro Retest Could Ignite Rally to $6.40, $30 as Whale Selling Fades Prominent market analyst EGRAG CRYPTO believes XRP has reached a defining moment after breaking out
Prominent market analyst EGRAG CRYPTO believes XRP has reached a defining moment after breaking out of a multi-year symmetrical triangle and entering what he describes as a macro breakout retest, a crucial phase that could determine whether the asset resumes its long-term bull cycle.
With XRP trading at $1.10, according to CoinCodex, EGRAG argues that defending key support and reclaiming critical resistance levels could eventually propel the token toward $6.40, with a long-term measured target of $30 if the broader structure remains intact.
According to the analyst, the most critical support zone sits between $0.85 and $0.88. This region converges with the lower boundary of the former symmetrical triangle, the White Bridge support, the monthly 111 Exponential Moving Average (EMA), and the projected breakout retest, making it a high-confluence technical area.
EGRAG CRYPTO noted that while a brief dip below this range would not invalidate the bullish setup, sustained monthly closes beneath it would significantly weaken XRP's long-term outlook.
He also identified the monthly 21 EMA as the next major confirmation level. A decisive reclaim of the $1.23 to $1.65 range would signal that the recent correction has likely run its course and that bullish momentum is reasserting itself.
Well, there is more than meets the eye in EGRAG's roadmap: defend the $0.85–$0.88 support, reclaim $1.23, break above $1.65, and then target the $3.00–$3.50 resistance zone.
Clearing these milestones could open the door to an initial rally toward $6.40, while sustained acceptance above XRP's previous all-time highs would strengthen the case for a longer-term move to $30.
The technical outlook is also being supported by improving market fundamentals. Whale selling has largely faded, reducing a key source of downside pressure, while the XRP Ledger (XRPL) has surpassed 1.4 million AI agent transactions, underscoring growing adoption for automated payments and machine-to-machine finance.
Institutional demand is also gaining traction. Recent reports indicate that clients of Franklin Templeton's ETF products acquired roughly $5.66 million worth of XRP, signaling continued accumulation from larger investors despite broader market uncertainty.
Although EGRAG's price targets depend on XRP validating each technical milestone, the convergence of strong support, declining whale selling, expanding XRPL adoption, and renewed institutional accumulation presents an increasingly constructive outlook.
For now, the $0.85–$0.88 support zone and the $1.23–$1.65 resistance band remain the key levels that could determine whether XRP's next major rally unfolds.
