XRP is approaching what analyst EGRAG describes as its most important resistance area, with $2.00 to $2.10 now seen as the level that must break before any larger bullish targets can come into play. Until that happens, the setup remains in a confirmation stage.
Long-term triangle structure is nearing its final phase
In a recent post on X, EGRAG pointed to a two-month XRP chart that shows a large ascending triangle paired with an A-B-C-D-E formation. According to the analyst, points A, B, C, and D are already in place, leaving the market focused on the final “E” phase. He views that stage as the last major consolidation segment before a bigger directional move develops.
EGRAG also said XRP has historically formed macro bottoms in cycles lasting about 425 days, which lines up with seven candles on the two-month timeframe. Based on that pattern, he said the current structure may place XRP inside another meaningful bottoming window. Even with that constructive view, he stressed that none of the projected upside targets are active yet.
$2 resistance remains the main technical barrier
Before any breakout case strengthens, XRP must continue holding its rising macro support trendline, the same line that defines the broader ascending triangle. EGRAG added that the asset also needs to reclaim the 7-week moving average and the 11-period exponential moving average for momentum to improve.
Still, the analyst singled out $2.00-$2.10 as the decisive zone. He called it the breakout gate that could determine XRP’s next long-term trend. While price remains below that barrier, support levels stay in focus. On his chart, $1.26 and $1.12 are marked as notable support zones, with $0.85 identified as a deeper support area if conditions deteriorate.
Fibonacci projections place $13 at the center of the bullish case
If XRP confirms a breakout above resistance, EGRAG said several Fibonacci extension targets could be activated. The first target zone sits between $9.50 and $17.23, and he highlighted $13 as the primary objective inside that range. The chart also includes a higher extension target near $26.30.
EGRAG also referenced a $100 projection, but he framed that level as an extreme cycle outcome rather than a base-case scenario. For now, XRP remains at a sensitive technical threshold, and the larger expansion thesis still depends on a clean move through the $2.00 to $2.10 zone.