Jump to content
Create New...

XRP Dominance Prepares To Shatter Fib 0.5 After 4 Historic Rejections

ExpertFX Podcast - No time to read? Let me read it for you. Press Play!

“Men lie, women lie, but charts and numbers do not lie,” EGRAG CRYPTO stated in a recent post on X, as he highlighted the importance of the Fib 0.5 level in XRP Dominance. According to him, this level has historically served as a major resistance zone. It acted as a key barrier in October 2019 and November 2020, both instances marking the onset of bear markets. In the current cycle, the Fib 0.5 level has once again proven significant, as it has rejected price advances in January and March 2025.

The Knocking On The Door Analogy For XRP

To drive his point home, EGRAG CRYPTO introduced what he called the “Knocking on the Door” analogy, a simple yet powerful metaphor to explain how resistance levels work in technical analysis. He stated that resistance is like a door; each time it is tested or “knocked on,” the likelihood of it eventually opening increases.

EGRAG pointed out that XRP Dominance has now tested this macro resistance level four separate times. These repeated tests are not just coincidences; they indicate building pressure at that level. Traders and analysts often interpret such repeated encounters as signs that the asset is preparing for a significant move, as momentum continues to build with each attempt to break through resistance.

XRP

Looking ahead, EGRAG suggested that the fifth “knock” on this resistance level might be the one that finally breaks it. If this happens, XRP Dominance could form a bullish Bull Flag pattern, a technical formation that often precedes upward moves. According to EGRAG, this breakout could propel XRP Dominance to around 27%, marking a major shift in its market strength and possibly setting the stage for a broader bullish trend.

Market Cap Projection & Future Potential

The analyst unveiled a compelling projection that has stirred excitement within the XRP community: if XRP reaches a price of $27 with a 27% market dominance, this could push the total market capitalization to $5.5 trillion. This bold forecast reflects not only the possible future strength of XRP but also envisions a significant expansion of the broader crypto market.

He further explained that with a $5.5 trillion total market cap, XRP claiming 27% of that share would result in a market capitalization of approximately $1.485 trillion. Such a figure would further solidify its status as a key player in the blockchain space.

He maintained that XRP could still reach $27 while maintaining 27% market dominance, especially if the overall market experiences a strong bullish cycle. In his view, $1.485 trillion is not just a dream but a viable target that highlights XRP’s massive growth potential.

XRP
Latest comments

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

TRADING HUB
● MARKET OPEN
Loading...
RETAILS SENTIMENT
INVERSE
  • Loading...


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Live Global Sessions
Real-time NYSE Data Feed
Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.