Headline: XRP Eyes Big Upside — Analyst Spots $7, $10 and $31 as “Battle Zones” While Another Warns of a Drop Toward $0.87
XRP is drawing attention from traders after crypto analyst Egrag Crypto laid out a bullish roadmap that includes triple-digit percentage targets — even $31 — while another popular analyst warns downside remains possible. The technical chatter comes as risk-on flows are being discussed amid a two-week U.S.–Iran ceasefire agreement, a backdrop that can amplify directional moves in crypto.
Egrag Crypto: three Fib targets and a wedge ready to blow
On X, Egrag Crypto named $7, $10 and $31 as the primary Fib 1.618 targets for XRP, calling them “battle zones” where the market is likely to meet significant resistance. He stressed these aren’t arbitrary marks but levels that “define the true support framework.”
The analyst pointed to a Descending Broadening Wedge pattern as the structure that sets the stage for an expansion. Key technical notes:
- Strong base around $0.90 acts as compression support.
- The pattern is compressing near its upper boundary, indicating building pressure.
- Egrag views the wedge as “controlled chaos before expansion”; the longer it coils, the more violent the eventual move.
Probabilities and trigger levels
Egrag assigned probabilities to possible outcomes:
- 55–60% chance of a bullish expansion. A decisive break above $3.30 would, in his view, open runs to $5, $8 and $13 initially, with the larger Fib targets ($7, $10, $31) coming into play further up.
- 40–45% chance of a “fake breakdown”: price could briefly sweep below $0.90, then reclaim it and go parabolic.
- 10–15% chance of a full structural failure where XRP loses the current framework and fails to reclaim key levels.
He labeled $3.30 the “trigger” and $0.90 the “line in the sand,” arguing the current setup represents volatility expansion rather than a random range.
Bearish counterpoint: CasiTrades expects a deeper dip
Not everyone is convinced a breakout is imminent. Analyst CasiTrades warned that XRP could still fall toward $0.87 on a final downside wave. Her analysis highlights:
- XRP failed to make a new high and printed a clean 5-wave into resistance — a classical exhaustion signature.
- A bearish divergence has formed at resistance, signaling weakening momentum.
- Potential path: an initial drop to about $1.13, a short relief bounce, then continuation toward $1.08 (macro .786 support) and ultimately $0.87 (macro .854 support).
Market snapshot
At the time of writing, XRP is trading around $1.38, up just over 5% in the last 24 hours, per CoinMarketCap.
Bottom line
Technical narratives are divided: Egrag Crypto sees a favorable risk-reward skew for a breakout and multi-level upside if certain triggers are cleared, while CasiTrades warns of a plausible retest into sub-$1 territory before any resume higher. Traders should watch $3.30 and $0.90 closely and manage risk accordingly. This is market commentary, not financial advice.
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