TimesTabloid
2025-09-08 17:05:04

Egrag Crypto Identifies Key Levels Crucial for XRP’s Next Rally

XRP is pressing against a make-or-break level as traders debate whether the token’s recent pullback is coming to an end or if the correction still has further to run. As of report time, XRP is trading around $2.95–$2.97, sitting just below the crucial $3.00 mark that could determine its short-term direction. Bulls Eye the Breakout Prominent crypto analyst Egrag Crypto has laid out the roadmap for what could be XRP’s next defining move. According to him, a decisive daily close above $2.94, followed by strength over the 33-day simple moving average (SMA) at $3.01, would send an early signal that bulls are taking back control. Momentum confirmation, he added, would come if XRP clears the 55-SMA at $3.07, with the ultimate breakout threshold set at $3.40 — his so-called “Go-Go Signal.” That would mark the end of the throwback and the beginning of a potentially extended rally. #XRP – Finishing or Continuation of the Throwback? : If #XRP can close above $2.94 with conviction, and push past the 33 SMA around $3.01, we’ll start to see early signs that the bulls are in control, potentially finishing the throwback. The low from September 1st could… pic.twitter.com/nUtQj2sDEj — EGRAG CRYPTO (@egragcrypto) September 8, 2025 The September 1 Low as a Turning Point The September 1 swing low around $2.69–$2.70 has now become the focal point for traders. If that level holds, it could stand as the bottom of the current cycle and a springboard for higher prices. If XRP falters at resistance and slips back to test those lows, the market risks falling deeper into a corrective phase. The $3.00–$3.08 Battleground Technical analysts broadly agree that the $3.00–$3.08 corridor will dictate the next chapter for XRP. The range aligns with multiple moving averages and recent swing highs. Data from TradingView places the 50-SMA at $3.04, a level many traders are watching as the gatekeeper to a renewed rally. For now, XRP remains caught in this zone of indecision. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Market at Crossroads The stakes are high. A clean break through $3.07 could ignite a push toward $3.40 and beyond, attracting sidelined buyers and forcing short positions to unwind. If XRP gets rejected in the $2.94–$3.00 zone, it suggests the pullback is ongoing, exposing the price to potential new selling pressure. For investors, the next few daily closes may prove pivotal in deciding whether the September 1 low becomes a lasting floor or just another stop on the way down. Outlook With the market hanging in balance, Egrag Crypto’s chart framework offers clarity in an otherwise uncertain environment. XRP’s battle around $3.00 is more than symbolic — it could determine whether the asset finishes its throwback and begins a bullish leg, or extends its correction. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Egrag Crypto Identifies Key Levels Crucial for XRP’s Next Rally appeared first on Times Tabloid .

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