The recent adjustments in the crypto market have brought significant pressure to XRP holders. However, according to veteran analyst egrag crypto, these short-term fluctuations conceal a deeper structural pattern—a market state that appears subdued but is actually accumulating energy. Currently, XRP is priced at $1.89, just one step away from the key psychological support level of $2, which is becoming a watershed for determining the subsequent trend.
XRP Faces a Pullback Recently, but the Long-Term Pattern Remains Unchanged
Since the beginning of this year, XRP has experienced continuous market adjustments. According to the latest data, the asset has fallen over 30% in recent months, and December was no exception, recording nearly a 3% decline. This ongoing pressure reflects the struggle of the entire crypto market amid macroeconomic uncertainties.
However, egrag crypto believes that this short-term weakness should not alter our judgment of XRP’s long-term formation. He emphasizes that the key is whether XRP can hold the $2 support level. As long as the weekly closing price remains above this level, the long-term upward trend remains intact. The current price of $1.89 is testing this critical support, making the upcoming period crucial.
egrag crypto: Fractal Pattern Indicates an Accumulation Phase
The analysis by egrag crypto is based on a long-term fractal pattern. He points out that XRP experienced a prolonged consolidation phase from late 2023 to 2024, during which the price fluctuated between $0.40 and $0.60 for nearly a year. Subsequently, the market broke through this range, and XRP rose above $2.
A similar pattern is currently playing out. According to his analysis, XRP will repeatedly test the $2-$3 range throughout 2025, which is interpreted as a new accumulation phase. If this fractal pattern continues to unfold, it should lead to a strong expansion phase similar to the previous cycle. Based on this hypothesis, egrag crypto projects XRP could move toward the $14.82-$15.70 range, representing a potential growth of 239% to 628% from the current price.
Support Level $2 Becomes a Critical Watershed
In egrag crypto’s technical framework, $2 is not just a price point but a test of the long-term trend’s integrity. As long as the weekly close remains above this level, the overall structure is maintained. He believes that although the market is weak in the short term, protecting this key support at $2 is more important than any rebound signals.
The analyst also points out that achieving a rise from the $0.40-$0.60 range to above $2 also requires breaking through the consolidation zone of $2-$3. Therefore, although the current consolidation tests patience, it is also preparing for a subsequent strong move.
Expected Targets and Risks Coexist
Based on the extension of fractal analysis, $7, $12, and $15 are considered reasonable target levels by egrag crypto. These expectations are based on the repetition of historical patterns and XRP’s performance during strong cycles.
However, egrag crypto explicitly states the limitations of fractal analysis. He emphasizes that market cycles will not perfectly replicate historical patterns. Variations in liquidity between different weeks, macroeconomic differences, and structural adjustments among market participants can all alter the expected timing and magnitude. Over-reliance on specific price targets may mislead traders into irrational decisions.
Fractals should be viewed as a reference framework rather than an exact prediction tool. Uncertainty always exists in the market, and short-term technical improvements or deteriorations can accelerate or delay this cycle’s unfolding.
Conclusion
Overall, egrag crypto maintains a constructive attitude toward XRP’s long-term structure but also repeatedly emphasizes the presence of risks. As long as XRP can hold the $2 support at weekly close, the long-term upward framework remains valid. However, this does not mean that an increase is inevitable—realization of all expectations depends on broader market environment improvements. For XRP holders, understanding the importance of support levels and maintaining respect for risks is the correct approach to current conditions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XRP's Long and Short Boundary: egrag crypto Reveals Key Support in Long-term Structure
The recent adjustments in the crypto market have brought significant pressure to XRP holders. However, according to veteran analyst egrag crypto, these short-term fluctuations conceal a deeper structural pattern—a market state that appears subdued but is actually accumulating energy. Currently, XRP is priced at $1.89, just one step away from the key psychological support level of $2, which is becoming a watershed for determining the subsequent trend.
XRP Faces a Pullback Recently, but the Long-Term Pattern Remains Unchanged
Since the beginning of this year, XRP has experienced continuous market adjustments. According to the latest data, the asset has fallen over 30% in recent months, and December was no exception, recording nearly a 3% decline. This ongoing pressure reflects the struggle of the entire crypto market amid macroeconomic uncertainties.
However, egrag crypto believes that this short-term weakness should not alter our judgment of XRP’s long-term formation. He emphasizes that the key is whether XRP can hold the $2 support level. As long as the weekly closing price remains above this level, the long-term upward trend remains intact. The current price of $1.89 is testing this critical support, making the upcoming period crucial.
egrag crypto: Fractal Pattern Indicates an Accumulation Phase
The analysis by egrag crypto is based on a long-term fractal pattern. He points out that XRP experienced a prolonged consolidation phase from late 2023 to 2024, during which the price fluctuated between $0.40 and $0.60 for nearly a year. Subsequently, the market broke through this range, and XRP rose above $2.
A similar pattern is currently playing out. According to his analysis, XRP will repeatedly test the $2-$3 range throughout 2025, which is interpreted as a new accumulation phase. If this fractal pattern continues to unfold, it should lead to a strong expansion phase similar to the previous cycle. Based on this hypothesis, egrag crypto projects XRP could move toward the $14.82-$15.70 range, representing a potential growth of 239% to 628% from the current price.
Support Level $2 Becomes a Critical Watershed
In egrag crypto’s technical framework, $2 is not just a price point but a test of the long-term trend’s integrity. As long as the weekly close remains above this level, the overall structure is maintained. He believes that although the market is weak in the short term, protecting this key support at $2 is more important than any rebound signals.
The analyst also points out that achieving a rise from the $0.40-$0.60 range to above $2 also requires breaking through the consolidation zone of $2-$3. Therefore, although the current consolidation tests patience, it is also preparing for a subsequent strong move.
Expected Targets and Risks Coexist
Based on the extension of fractal analysis, $7, $12, and $15 are considered reasonable target levels by egrag crypto. These expectations are based on the repetition of historical patterns and XRP’s performance during strong cycles.
However, egrag crypto explicitly states the limitations of fractal analysis. He emphasizes that market cycles will not perfectly replicate historical patterns. Variations in liquidity between different weeks, macroeconomic differences, and structural adjustments among market participants can all alter the expected timing and magnitude. Over-reliance on specific price targets may mislead traders into irrational decisions.
Fractals should be viewed as a reference framework rather than an exact prediction tool. Uncertainty always exists in the market, and short-term technical improvements or deteriorations can accelerate or delay this cycle’s unfolding.
Conclusion
Overall, egrag crypto maintains a constructive attitude toward XRP’s long-term structure but also repeatedly emphasizes the presence of risks. As long as XRP can hold the $2 support at weekly close, the long-term upward framework remains valid. However, this does not mean that an increase is inevitable—realization of all expectations depends on broader market environment improvements. For XRP holders, understanding the importance of support levels and maintaining respect for risks is the correct approach to current conditions.