Crypto Analyze

Analyst Reveals Why XRP Is Stalling, Predicts 600% Mega Pump

2025-07-29 20:25

Analyst Reveals Why XRP Is Stalling, Predicts 600% Mega Pump

Crypto analyst EGRAG CRYPTO (@egragcrypto) has placed a spotlight on XRP’s ongoing struggle to move beyond the critical price level, identified as the “Bifrost Bridge.” The analyst noted that for over 240 days, XRP has encountered resistance at this zone, halting further upward momentum despite broader market activity. This resistance, as illustrated in EGRAG CRYPTO’s two-month chart, has become a focal point for XRP holders anticipating a significant breakout. #XRP – Why #XRP Is Stalling : It's clear that the Bifrost Bridge is causing #XRP to hold back before its next MEGA PUMP! For over 242 days, the Bifrost Bridge has been showing stubborn resistance. A strong close above this level could potentially trigger a MEGA PUMP of… pic.twitter.com/hrDFr4TpLX — EGRAG CRYPTO (@egragcrypto) July 28, 2025 Technical Setup Indicates Imminent Move The chart shows XRP trading around $3.14 at the time of the post. Notably, the asset’s price has remained within a narrow band, repeatedly testing the lower limits of the Bifrost Bridge , a term used by the analyst to describe a specific ascending channel that serves as a long-term resistance zone. While the Bifrost bridge was initially a support channel, its role flipped during XRP’s decline in 2022. Since its rapid climb between November 2024 and January 2025, XRP has retested the bottom of this channel multiple times. The analyst pointed out that XRP has now spent 242 days in this zone without achieving a decisive close above it. A key element of the chart is the projected price target of $24, representing a potential 600% increase from the current levels. This target will bring XRP close to the $27 target , which EGRAG CRYPTO has constantly reiterated. He explained that “a strong close above this level could potentially trigger a mega pump of 600%,” suggesting that a breakout beyond the Bifrost Bridge could set XRP on a trajectory toward this target. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Historical Patterns Support XRP Breakout Theory The chart also references a prior multi-month accumulation phase in XRP’s history, followed by a rapid ascent. This pattern appears to be repeating, with the current consolidation phase closely resembling the setup that sent XRP soaring in 2017 . In the analyst’s view, the historical precedent, combined with XRP’s current positioning below the ascending channel, strengthens the case for an upcoming breakout. The potential for a 600% price increase excites the community. It’s contingent upon XRP’s ability to close convincingly above the resistance zone that has capped its price for an extended period. The next two-month candle will likely be watched closely by both technical analysts and XRP holders, as it could determine whether XRP confirms or rejects this breakout opportunity. 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 Analyst Reveals Why XRP Is Stalling, Predicts 600% Mega Pump appeared first on Times Tabloid .