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Cryptocurrency News Articles

XRP Analyst's Take: Navigating the Noise and Spotting Key Support

Oct 10, 2025 at 12:36 am

An analyst's perspective on XRP, examining key support levels and market sentiment amidst price fluctuations. Is XRP mirroring silver's trajectory, or is more downside on the horizon?

XRP Analyst's Take: Navigating the Noise and Spotting Key Support

What's the deal with XRP? It's been a rollercoaster, and everyone's trying to figure out where it's headed. Let's break down what analysts are saying, focusing on key support levels and the overall vibe of the market.

Egrag Crypto's Bullish Stance: It's Just Noise

Egrag Crypto, a well-known chart analyst in the XRP community, is telling everyone to chill out. According to Egrag, as long as XRP stays above $2.77 on the two-month timeframe, any dips are just “noise.” He’s using a two-month chart to spot a crucial support line, arguing that price movements above this level are just minor bumps in the road, not a sign of a broken bullish trend. But if it dips below? That's when things get real.

Egrag even has a plan: if the two-month candle closes below that $2.77 threshold, he's ready to peace out with 80% of his profits saved. Even with the recent dips, he's still betting on new all-time highs. This analyst has historically had some pretty wild targets for XRP. Back in August 2025, he was throwing around numbers like $27 and beyond, using Fibonacci extensions and some seriously advanced chart magic.

Recently, Egrag pointed out that XRP is nearing the end of an ascending triangle pattern. Apparently, this formation is 70% complete and often leads to a period of big swings and a potential price breakout.

XRP vs. Digital Silver: Can It Mirror the Metal's Rise?

People are calling XRP “digital silver,” especially with silver hitting a new all-time high of over $50 per ounce in October 2025. This rally is thanks to a bunch of factors, including ceasefire agreement and hopes for an interest rate cut by the Federal Reserve. Now, everyone's wondering if XRP can pull a similar move.

If XRP were to match silver's $2.85 trillion market cap, one XRP token could be worth around $47.5. Some analysts are even suggesting it could go higher, hitting targets like $100. But let's be real: there's no guarantee XRP will ever reach silver's market cap, no matter how much we want it to.

Trouble Brewing: XRP's Technical Outlook

On the flip side, things aren't looking so rosy for XRP's technicals. XRP broke through the 100-day EMA, which has been a crucial support level. This breakdown suggests XRP is struggling to find any solid support. It lost about 3% recently and is now trading around $2.179. The technical outlook is now firmly bearish.

The 200-day EMA, near $2.64, is the next big support zone. XRP keeps printing lower highs within a descending triangle pattern, which is a sign of ongoing weakness. Traders are eyeing the $2.50 zone as the last possible point before a bigger correction. Unless XRP can quickly regain the 100 EMA and set new higher lows, a sustained bullish reversal seems unlikely.

The Bottom Line

So, what's the takeaway? XRP is facing a mixed bag of signals. Some analysts are bullish, pointing to key support levels and potential breakouts. Others are more cautious, highlighting bearish technical patterns and the risk of further declines. Ultimately, it's up to you to do your research and make your own decisions.

Investing in crypto is like riding a rollercoaster blindfolded. It's exciting, terrifying, and you never know what's around the next turn. But hey, that's part of the fun, right? Good luck out there, and remember to always invest responsibly!

Original source:coinedition

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