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Egrag Crypto to XRP Holders: October Break Is Looking Promising. Here’s why

Egrag Crypto to XRP Holders: October Break Is Looking Promising. Here’s why


TimesTabloid
2025-10-12 09:02:16

XRP continues to hold investor interest as it consolidates within a defined ascending triangle structure, maintaining strength above a key trend line that is critical for sustaining momentum. The latest analysis from EGRAG CRYPTO (@egragcrypto) presents an assessment of the asset’s potential direction heading into mid-October, with a focus on its ability to defend current support. EGRAG CRYPTO’s updated chart emphasizes a strong ascending triangle that has guided XRP’s broader movement since early 2025. The analyst reaffirmed that stability above the lower blue ascending line, positioned near $2.65, remains essential for preserving the bullish setup. He explained that “as long as we don’t close below the lower blue ascending trend line at $2.65, we’re in a good position,” signaling that this price area serves as the dividing line between continuation and breakdown. #XRP – October Break Is Looking Promising (Update): As long as we don’t close below the lower blue ascending trend line at $2.65, we’re in a good position! This has been explained multiple times as we revisit the lows to confirm strong support. A wicking candle isn’t my… https://t.co/wbysNIcTsP pic.twitter.com/4Q3UJR78yK — EGRAG CRYPTO (@egragcrypto) October 10, 2025 Key Technical Context The technical framework presented shows an ascending triangle, often interpreted as a continuation pattern in market structure. Within this setup, XRP has repeatedly revisited its lower boundary, suggesting that market participants are testing the strength of support rather than signaling weakness. The decline to $2.71 in early September brought the asset close to the bottom of this triangle. At the time of EGRAG CRYPTO’s analysis, the asset traded at $2.75, also heading toward the triangle’s lower trendline. However, it has previously shown resilience and will likely remain within this crucial technical formation. The chart also identifies a “pinkish square” zone between $3.13 and $3.20, where XRP has faced consistent resistance. A successful daily close above this region could confirm renewed momentum and open the path toward higher targets around $3.60. The pattern remains valid as long as XRP continues to print higher lows within the ascending formation. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Complementing this trend analysis, the analyst noted that short-term candle formations could play a defining role in validating short-term sentiment. He noted that a Pin-Bar Candle or Bullish Hammer Candle would reflect stronger buying activity. Such bullish signals typically suggest that buyers have absorbed sell pressure and may be preparing for a renewed rally. Maintaining Structure and Confidence Despite recent volatility, XRP’s chart structure indicates ongoing accumulation within a controlled range. The positioning above the 200-day moving average reinforces the strength of the underlying trend, while the price continues to respect the boundaries of the ascending triangle. If XRP holds above $2.65 through the next series of daily closes, traders may interpret this as validation of ongoing bullish control. The sustainability of this structure could determine whether XRP begins forming the base for a larger upward movement into the final quarter of 2025. 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 Egrag Crypto to XRP Holders: October Break Is Looking Promising. Here’s why appeared first on Times Tabloid .


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