“Males lie, ladies lie, however charts and numbers don’t lie,” EGRAG CRYPTO said in a current post on X, as he highlighted the significance of the Fib 0.5 degree in XRP Dominance. In line with him, this degree has traditionally served as a significant resistance zone. It acted as a key barrier in October 2019 and November 2020, each cases marking the onset of bear markets. Within the present cycle, the Fib 0.5 degree has as soon as once more confirmed important, because it has rejected worth advances in January and March 2025.
The Knocking On The Door Analogy For XRP
To drive his level dwelling, EGRAG CRYPTO launched what he known as the “Knocking on the Door” analogy, a easy but highly effective metaphor to clarify how resistance ranges work in technical analysis. He said that resistance is sort of a door; every time it’s examined or “knocked on,” the chance of it will definitely opening will increase.
EGRAG identified that XRP Dominance has now examined this macro resistance degree 4 separate occasions. These repeated assessments aren’t simply coincidences; they point out constructing pressure at that degree. Merchants and analysts typically interpret such repeated encounters as indicators that the asset is getting ready for a major transfer, as momentum continues to construct with every try to interrupt by means of resistance.
Wanting forward, EGRAG prompt that the fifth “knock” on this resistance degree could be the one which lastly breaks it. If this occurs, XRP Dominance might type a bullish Bull Flag sample, a technical formation that always precedes upward strikes. In line with EGRAG, this breakout might propel XRP Dominance to round 27%, marking a significant shift in its market power and presumably setting the stage for a broader bullish development.
Market Cap Projection & Future Potential
The analyst unveiled a compelling projection that has stirred pleasure throughout the XRP group: if XRP reaches a worth of $27 with a 27% market dominance, this might push the entire market capitalization to $5.5 trillion. This daring forecast displays not solely the doable future power of XRP but additionally envisions a major growth of the broader crypto market.
He additional defined that with a $5.5 trillion whole market cap, XRP claiming 27% of that share would lead to a market capitalization of roughly $1.485 trillion. Such a determine would additional solidify its standing as a key participant within the blockchain house.
He maintained that XRP might nonetheless attain $27 whereas sustaining 27% market dominance, particularly if the general market experiences a powerful bullish cycle. In his view, $1.485 trillion isn’t just a dream however a viable goal that highlights XRP’s huge development potential.
