XRP Dominance is once again in a defining moment, with its current structure on the monthly time frame suggesting a potential for significant upward movement. According to prominent crypto analyst EGRAG CRYPTO (@egragcrypto), the digital asset’s market cap dominance remains in what he describes as “the most bullish formation.” The accompanying chart illustrates a long-term bullish pennant pattern , a setup that historically carries a strong likelihood of breaking upward, typically between 60% and 65%, based on EGRAG’s notes. #XRP Dominance – Still in the Most Bullish Formation! #XRP Dominance is currently navigating a crucial threshold! It’s vital that it remains above 4.5% to keep the bullish pennant formation intact. Remember, we’re analyzing this on a monthly time frame, which means the… pic.twitter.com/8Mdwou7sU7 — EGRAG CRYPTO (@egragcrypto) August 1, 2025 Monthly Structure and Key Levels The chart presents a clear structure dating back several years, where XRP Dominance has respected a descending channel. Within this context, recent price action has moved above a key long-term resistance zone, currently undergoing a crucial retest. EGRAG CRYPTO states the importance of holding the 4.5% level, stating that maintaining this level is vital for the continuation of the bullish pennant formation. Another analyst recently drew attention to the shifting market sentiment as traders are moving away from Bitcoin to altcoins . The chart shows that XRP Dominance has tested major support zones on multiple occasions. Each of these retests preceded major upward movements. These helped it reach current levels. Now, the asset appears to be mirroring this behavior once again. Breakout Potential and Target Zones The white rectangular region on the chart, positioned around the 4.5% to 5.75% range, represents a historically significant resistance zone that could soon become support. The market is currently engaging with this region, and a successful hold above it could validate the bullish turn. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Above this area lies what EGRAG refers to as the “VOID,” a region lacking major historical resistance, potentially allowing XRP to shift toward a price discovery phase . Projected targets are outlined at 21% and 27%. These translate to $13.34 and $17.15, placing XRP firmly within double-digit territory . Additionally, the analyst highlighted crucial resistance levels, aligning with Fibonacci extension levels. These are 11.44% (Fib. 0.702), 15.22% (Fib. 0.786), 21.54% (Fib. 0.888), and 31.54% (Fib. 1). At current market values, these translate to $7.27, $9.67, $13.68, and $20.04. It’s also important to note that this analysis is built on a monthly timeframe. As EGRAG emphasizes, signals on this scale are typically more stable and less prone to short-term volatility. Supporting indicators such as moving averages and long-term trendlines are also integrated into the chart, showing the gradual curvature upward, supporting the notion of building bullish momentum. 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 advised to conduct thorough 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 The post Expert Says XRP Dominance Still In Most Bullish Formation. Here’s What to Expect appeared first on Times Tabloid .
