XRP Soars to $2.10 as Analyst EGRAG Crypto Predicts Major Breakout Ahead
Jakarta, Pintu News – The price of XRP surged to $2.10 today on upbeat market sentiment regarding a possible interest rate cut by the Fed in December.
However, despite the rise, many XRP holders are still worried about a potential big drop as the 50 EMA indicator is approaching the 200 EMA on the 3-day chart.
EGRAG Crypto’s leading analysts state that these concerns stem not from real technical signals on the charts, but rather from ongoing negative market emotions.
Why Isn’t This the Beginning of a Bear Market?
In its latest post, EGRAG Crypto explains that a bearish EMA cross does not necessarily mean that the market is entering a downward trend. A true bearish confirmation only occurs if the price has dropped below the 50 EMA and 200 EMA, and also when market momentum begins to weaken.
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Currently, this has not happened. Instead, XRP is still trading above the 200 EMA as seen on the 3-day chart. Even more importantly, the 200 EMA is rising, not falling.
According to EGRAG, there are no technical signals that indicate the market has actually entered a bearish phase. This EMA crossover occurred precisely when XRP still had strong support, not when it was falling.
Not a Crash like 2018, More like 2017 & 2021
In addition, some traders started comparing the current XRP chart to 2018, where the price fell sharply after an EMA crossover. But according to EGRAG, the current pattern does not match the conditions of 2018.
In 2018, the bearish crossover occurred after the price of XRP had already fallen quite deeply. So, it wasn’t an early warning signal of a crash, but rather just confirmed that the crash had already started.
Things are very different now. EGRAG mentions that the current pattern is more similar to 2017 and early 2021 – two moments where XRP experienced huge price spikes. These three periods share common traits:
- EMAs approaching each other
- Price stays above 200 EMA
- XRP was moving sideways for a few weeks, then suddenly had a sharp breakout
If XRP follows its previous pattern of behavior, the calm we see now is not a sign of weakness – it could actually be the start of the next big breakout.
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What Will Happen Next? EGRAG Prediction
EGRAG believes that the market is not currently preparing for a big drop. Instead, he calls this phase “late-cycle pressure”, a condition where the charts look heavy and confusing – but it is often a sign before the last big push.
Currently, XRP is trading at around $2.06, reflecting a gain of around 1.4% in the last 24 hours. Meanwhile, XRP is now facing strong resistance at the $2.20 level, an area that has previously managed to hold the price up several times.
If XRP manages to break this level, then the path to $2.50 will open wider. Furthermore, if there is a strong push from buyers, XRP could even approach the $3.00 price.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coinpedia. XRP Price Surges to $2.10, Top Analyst Sees Major Breakout Coming Next? Accessed on November 25, 2025
