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Just been watching XRP's price action and I gotta say, Egrag Crypto called this one perfectly again. The analyst pinpointed $2.77 as a critical support level and nailed it - price tested exactly there before bouncing. Pretty impressive track record with XRP calls honestly.
Right now the real battle is at $2.85. According to Egrag Crypto's analysis, if we get multiple four-hour closes above this zone, it could signal a real breakout. We're talking potential moves toward $2.90, $2.95, and eventually $3.07-$3.13 if the momentum holds. The reason this level matters so much is there's been massive whale activity clustered around $2.70-$2.84, so breaking above $2.85 would flip it into solid support.
That said, Egrag Crypto also warned about the downside scenario. If $2.85 fails to hold, we could see a retest of $2.77 and potentially drop to $2.65. Slipping below $2.73-$2.77 could actually accelerate selling pressure pretty quickly.
For traders, the setup is straightforward - watch $2.85. Close above it and you've got upside targets. Fail to hold and you need to tighten stops. The precision of Egrag Crypto's previous calls gives this analysis credibility, but volatility could swing either way in the next few sessions. All eyes on whether XRP breaks out or pulls back.