XRP Bull Run Intact: Analyst Predicts One More Rally
Crypto analyst Egrag Crypto warns that the XRP bull run is far from over. He points out that the token’s price action has retained its body candle structures on higher timeframes and has not breached key Fibonacci support levels. Additionally, XRP remains above the 21-day Exponential Moving Average (EMA) on the monthly chart, signaling ongoing strength. Egrag Crypto emphasizes that only a simultaneous break of these indicators would invalidate his bullish outlook. Until then, he expects one more significant upward move for XRP. Traders are advised to monitor these technical levels closely and maintain positions until the final leg up materializes.
Bullish
This analysis is bullish because the main technical signals supporting the XRP bull run—intact candle structures, held Fibonacci support, and position above the 21-day EMA—remain unbroken. Historically, similar scenarios (such as Bitcoin’s 2020–2021 rally) showed that as long as key moving averages and Fibonacci levels hold, the asset tends to resume its upward trajectory after pullbacks. In the short term, traders may see consolidation around current levels, but the intact indicators suggest another rally is likely. Over the long term, maintaining these supports can fuel sustained momentum, reinforcing trader confidence and drawing renewed buying interest.