XRP is exhibiting significant strength against Bitcoin, according to cryptocurrency analyst EGRAG CRYPTO (@egragcrypto).
A recent post he shared on X highlights a technical formation the analyst describes as “undeniably super bullish,” emphasizing key Fibonacci levels that could signal substantial upside potential for XRP against BTC.
#XRP / #BTC – No 🧠:
ONLY FEW WILL truly grasp the incredible strength that #XRP is showcasing against #BTC right now. The current formation is undeniably super bullish! 💪
Double Digits: Written in Golden Ink! ✍️
Here are some potential targets to keep an eye on:
🪙Fib… pic.twitter.com/NiO3NfswEc— EGRAG CRYPTO (@egragcrypto) February 27, 2025
Technical Overview and Key Price Levels
The chart shared by the analyst outlines important resistance and support zones, marking Fibonacci retracement targets that could shape XRP’s trajectory. According to the analysis, one of the first significant levels is the 1.272 Fibonacci retracement at 0.000072 BTC, which translates to approximately $6.02 at Bitcoin’s current price of $83,545.
Beyond that, the 1.414 level sits at 0.000095 BTC, or around $7.94, while the 1.618 level reaches 0.00014 BTC, equivalent to $11.70. The highest outlined target is the 1.888 Fibonacci extension at 0.00023 BTC, placing XRP at approximately $19.22.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
These projections indicate a strong potential rally for XRP if the trend continues. At $19, XRP would have flipped Ethereum and would be the second-largest asset in the market, aiming for Bitcoin’s throne.
However, the analyst also warns that maintaining the current trajectory is crucial, with the 0.618 Fibonacci retracement level (0.000020 BTC or approximately $1.67) acting as a key support that must hold to sustain the bullish momentum.
XRP’s Base Against Bitcoin
The provided chart shows XRP/BTC’s historical movements, highlighting major structural formations labeled as points A, B, C, and D. The price has previously rebounded from similar zones, suggesting a cyclical pattern in which XRP tends to rally after forming a base at lower levels.
The asset formed the most recent base in late 2024, and this aligns with a recent report, which notes that XRP is establishing a strong base against Bitcoin . This repeating pattern suggests the asset could be poised for a significant move upward.
Furthermore, a prominent crypto figure recently compared both assets, arguing that buying XRP now is akin to purchasing Bitcoin at $40 . This perspective reinforces the bullish sentiment surrounding XRP’s potential for long-term growth.
XRP’s Path Forward
For XRP to reach the projected targets, it must successfully break through the Macro Rejection Range and sustain momentum past the top macro range highlighted on the chart.
While optimism is high, traders should monitor key levels closely. XRP is currently trading at $2.14, and if it holds above 0.000020 BTC ($1.67) and continues its upward trajectory, the higher Fibonacci targets could become realistic milestones.
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 X , Facebook , Telegram , and Google News
