On October 20, 2025, Egrag Crypto (@egragcrypto) posted a 3-week chart analysis highlighting XRP‘s intense struggle within a descending channel, describing it as a “grinding battle between bulls and bears,” per. Trading at $2.43 on October 22, 2025down 1.96% daily with a $144B market capXRP has successfully flipped the $2.46 supply zone into support, providing a buffer amid consolidation, per. Egrag’s measured channel move projects a primary target of $2.57, aligning with the upper resistance band at $2.55–$2.65, per. This setup underscores XRP‘s 45% yearly gain but emphasizes the need for sustained support to prevent deeper pullbacks.
Egrag’s chart delineates three-layered supply zones above the current price, with $2.65 emerging as the macro resistance requiring a decisive break for bullish confirmation., Demand support at $2.31 has proven resilient, repeatedly defending against declines, while lower clusters at $2.22 and $2.10 serve as fallback levels if momentum wanes, per. The $2.46 zone, recently converted from resistance, now functions as immediate support, reinforced by an upward-curving yellow moving average that signals improving momentum on the daily timeframe. With XRP‘s RSI at 58 and MACD exhibiting bullish divergence, the structure favors buyers if $2.31 holds firm; a breach could prolong consolidation, per TradingView. This confluence echoes historical patterns where flipped resistances ignited rallies, as observed in XRP’s 2017 cycle.
Egrag stresses that a 3-day close above $2.65 would deliver the “ultimate GO-GO signal,” validating a robust breakout and opening the door to new cycle highs, potentially targeting $3.50–$5 by year-end, per. The chart’s measured channel move solidifies the $2.57 target as a near-term objective, with $2.55–$2.65 posing the final barrier, per. Conversely, losing $2.31 would relegate the market to lower demand regions, risking a slide to $2.10, per. Broader dynamics, including SEC delays on XRP ETFs until October 2025, temper enthusiasm, yet institutional accumulationreflected in $2.64B trading volumebolsters the bullish bias, per CoinMarketCap. XRP‘s correlation with BTC (0.55) implies stability if Bitcoin holds above $113,000, per.
Egrag’s framework delivers a precise roadmap: defend $2.31 for continuation or surpass $2.65 for acceleration, per. Investors should scrutinize daily closes via TradingView and ETF developments on sec.gov. Dollar-cost average into XRP with stop-losses below $2.31, or diversify into USDC for riskmitigationr. Projections suggest XRP could attain $5 by 2026 upon confirmation, per CoinCodex, though volatility persists with a potential 2.87% dip to $2.36 by October 23, per Changelly. Follow @egragcrypto and @TheBlock__ on X for timely insights. XRP‘s durability, backed by 59B circulating supply and Ripple‘s ODL partnerships, positions it for expansion if the channel resolves bullishly, per.
