Egrag Crypto: Two Scenarios That Project XRP to $8 and $11

Recent chart activity shows XRP at a pivotal point where critical technical patterns will shape its future trajectory.

Crypto analyst EGRAG CRYPTO (@egragcrypto) shared two potential long-term scenarios for the asset, using monthly charts to highlight key price levels and market structure. The charts present distinct paths for XRP’s price, each reflecting different market conditions and outcomes.

Chart 1 Shows Maximum Expansion Potential

Chart 1 positions XRP with a bottom at $0.60 and a potential top at $11. The structure shows multiple points of support along the ascending trendline, indicating that these levels have historically held under selling pressure. According to EGRAG CRYPTO, this scenario represents a deeper drawdown and a market environment that tests investor conviction.

The Fibonacci extension on this chart points to 1.618 at $11.12. This suggests a substantial upside if the $0.60 support holds. Chart 1 requires investors to tolerate short-term volatility and larger losses. EGRAG CRYPTO notes that this path may initially feel challenging but can lead to higher long-term returns.

The trendline support in Chart 1 has been tested several times since 2016. The most recent came in late 2024, leading to a 500% surge. Each retest has reinforced the ascending slope, establishing a structural foundation for the projected move to $11.

Historically, XRP’s price has respected these levels, suggesting that the lower boundary could act as a reliable entry point for investors prepared for volatility.

Chart 2 Suggests a Moderate Growth Scenario

Chart 2 presents a higher floor at $0.90 and a top at $8.64. The structure shows less drawdown and reduced volatility compared to Chart 1. EGRAG CRYPTO points out that this path offers more comfort and a less stressful market experience. The 1.618 Fibonacci extension is at $8.64, lower than in Chart 1, indicating a smaller but still meaningful potential gain.

The ascending trendline continues to provide support at multiple historical points, also marked on the chart. Price compression is visible before the potential move upward. Chart 2 represents a scenario where investors face reduced downside risk but accept a more crowded market and a lower upside ceiling.

EGRAG CRYPTO explains that this scenario could attract more participation due to the perceived safety, but the reward potential is limited relative to Chart 1. The price action here implies steadier accumulation rather than a sharp rebound, which may appeal to investors who prioritize stability over maximum growth.

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 advised to conduct thorough 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.

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