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Egrag Crypto Notifies That XRP Is in a Strong Rise Zone
XRP has entered a crucial phase in its market journey, currently situated in the "Bullish Zone" as referred to by top crypto analyst Egrag Crypto. Supported by accurate technical patterns and stable growth momentum, XRP seems to be gearing up for a strong breakout, aiming towards the zone that Egrag calls "Valhalla", a label symbolizing a powerful bullish surge. XRP Price Movement and Current Market Situation As of the reporting time, XRP is trading at $3.26, recording a strong rise of 10.83% in 24 hours. This bullish trend marks a significant development in the asset's trajectory, bringing the price into the zone of $2.20–$3.20, identified by Egrag as the Super Bullish Zone. This move is being closely monitored by traders and analysts as it brings XRP just below the next major target: the Valhalla zone, starting at around $3.30. This surge is not happening in isolation. Instead, it is the result of a pattern carefully built by Egrag over several months. According to his latest analysis, XRP's upward journey involves a step-by-step transition through key support and resistance zones, each zone reflecting a stronger bullish confirmation. Technical structure and signal "Reversal" One of the most important milestones in the recent developments of XRP is the moment that Egrag calls "Flipping It". This occurs when XRP suddenly surpasses the resistance level and then turns that level into a new support zone. This reversal, clearly marked on Egrag's updated chart with a dark blue arrow, is considered a classic bullish signal that often precedes a continued rise. In addition, the price of XRP remains above the important support zone marked in both the "Before" and "After" charts as the "Don't Lose" level. This zone, located just above the long-term trend line, serves as the structural foundation for the current bullish phase. Holding above this zone is essential to maintain the bullish thesis, and XRP not only maintains that level but also exceeds it. Counting Elliott Waves and the Path to Valhalla Egrag's chart also integrates Elliott wave structure, indicating that XRP is currently progressing through wave (5) of a classic impulse cycle. The peak of wave (3) is recorded in March 2025, and the current price action suggests that wave (5) is moving strongly. This fifth wave typically represents the strongest phase of a trend and, in this case, could push XRP straight into the Valhalla zone. The Valhalla zone, starting from the mark of 3.30 dollars, represents the convergence of a strong technical resistance level and psychological significance. Breaking through this zone not only confirms the bullish wave structure but could also trigger a bullish surge to new all-time highs. Prospects and Mindset Towards the Future The excitement surrounding XRP doesn't just come from the technical side. Essentially, Ripple's growing global influence, the increasing adoption of the XRP Ledger, and the improved regulatory transparency across key markets all contribute to a more favorable environment for XRP's growth. These macro developments are creating strong dynamics supporting the current bullish trend. Egrag always emphasizes the importance of maintaining structural support levels and adhering to trend lines. As long as XRP remains above the previously flipped resistance zones, especially the $1.30 level, its path towards Valhalla remains wide open and feasible. XRP has officially entered the Bullish Zone, signaling strength, momentum, and the potential for further rise. With a solid technical structure, the number of bullish waves has been confirmed and macro support is increasing, Egrag Crypto's analysis paints an enticing picture: XRP is not only rising, but also positioning itself for a potential breakout of historical scale. The next move above $3.30 could be the key to unlocking Valhalla.