- Prominent analyst EGRAG Crypto urges XRP holders to place bids at $2.2047, citing a fair value gap and demand zones in his updated charts.
- XRP’s current price hovers around $2.31, with technical indicators showing potential for a dip before reversal amid heavy supply above $2.48.
- Historical patterns in EGRAG’s “before and after” analysis demonstrate past profitable opportunities, reinforcing his call for accumulation during consolidation.
In the fast-paced world of Web3 and cryptocurrency, technical analysts like EGRAG Crypto continue to guide investors through volatile markets. On November 6, 2025, the influential XRP proponent, boasting over 500,000 followers on X (formerly Twitter), dropped a compelling post titled “#XRP – You Could Have Made Money.”
Accompanied by two TradingView charts, the update contrasts a “before” scenario with an “after” view, emphasizing missed opportunities and a fresh entry point.The charts paint a detailed picture of XRP’s price action. In the initial “before” chart, EGRAG highlights a descending trendline with heavy supply zones stacked between $2.48 and $2.65. A major support level is marked around demand areas, with a fair value gap (FVG) at $2.07 signaling potential inefficiency where price could rebound.
Arrows point to upward momentum in demand zones, suggesting that patient buyers could capitalize on dips. The “after” chart updates this narrative, zooming in on recent price behavior. XRP has tested these levels, with a key annotation at $2.204743—precisely where EGRAG advises placing bids. This level aligns with a confluence of support, including the FVG and heavy demand, potentially acting as a springboard for upward movement.
As of today, XRP trades at approximately $2.31 USD, reflecting a 3.82% increase in the last 24 hours amid broader market optimism. Trading volume has surged to over $5.8 billion, indicating renewed interest. However, EGRAG cautions about overhead resistance, with supply zones likely to cap short-term gains. He references historical precedents, implying that similar consolidations in past bull cycles led to explosive rallies. For context, XRP has seen significant growth in 2025, driven by regulatory clarity around Ripple’s ecosystem and increased adoption in cross-border payments via the XRP Ledger.
This analysis resonates in the Web3 space, where decentralized finance (DeFi) and blockchain interoperability continue to evolve. EGRAG’s approach blends technical indicators like RSI (showing oversold conditions) with macroeconomic factors, such as potential Federal Reserve rate decisions impacting crypto liquidity. While his track record includes accurate calls during the 2021 bull run, he stresses that this is not financial advice—markets remain unpredictable.
For XRP enthusiasts, this could be a strategic accumulation phase. If price retraces to $2.2047, it might offer a high-reward entry before breaking through supply. Investors should monitor key levels: support at $2.07 FVG and resistance at $2.48. As always, DYOR (do your own research) and consider risk management in this dynamic sector.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
