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Just been watching XRP's price action and Egrag Crypto nailed the technical setup again. The analyst called $2.77 as a critical support test, and that's exactly where it bounced. Now everyone's watching $2.85 as the make-or-break level for the next move.
So here's what's interesting: XRP has been consolidating in the $2.80-$2.85 range, and according to Egrag's analysis, we need to see multiple four-hour closes above $2.85 to confirm real bullish momentum. If that happens, the targets are $2.90, $2.95, and potentially $3.07-$3.13. The reason this level matters is because there's been heavy whale accumulation around $2.70-$2.84, so breaking above $2.85 would flip that zone into support.
On the flip side, if $2.85 doesn't hold, Egrag points out we could retest $2.77 and potentially drop to $2.65. That's where traders need to be careful with risk management. The chart structure could shift bearish pretty quickly if momentum breaks.
Egrag's been consistent with these technical calls, so the next few trading sessions will tell us whether XRP pushes toward $3.13 or pulls back toward $2.65. For now, $2.85 is the line that matters.