Renowned crypto analyst Egrag Crypto has spotlighted a pivotal moment in XRP’s ongoing rally. In a recent X post, he emphasized the significance of the current three-day candle, which opened above the critical Fibonacci 0.702 level, a strong signal of bullish momentum. Despite a small wick, which he suggests can be ignored, Egrag points to one key condition: if XRP closes above $3.010 within the next 16 hours, a new all-time high (ATH) could follow swiftly. The Technical Setup: Bulls in Control The Fibonacci 0.702 retracement level, often seen as a major resistance zone, now appears to have flipped into solid support. This development is viewed by Egrag and other analysts as a powerful indicator that bulls are gaining full control. #XRP – The Beauty of This Candle : The opening is above the Fib 0.702 level, despite a small wick, just ignore it for now. In about 16 hours, we need to close the 3-day candle above the top wick of the March 2nd candle. If it closes above $3.010, get ready for a NEW ATH!… pic.twitter.com/Gn8J1dl62u — EGRAG CRYPTO (@egragcrypto) July 14, 2025 Supporting this view, XRP has surged nearly 30% over the past week, decisively breaking above its 20, 50, 100, and 200-day moving averages. This rare alignment suggests strong momentum across all major timeframes. As of now, XRP is trading at $2.95, marking a 4.9% gain over the past 24 hours. The intraday high reached $3.00, and the market remains highly optimistic as traders await the crucial candle close. Why the $3.010 Close Matters Egrag stresses that the price must close above the March 2nd high of $3.010 to confirm a breakout. If that happens, he believes XRP could move explosively toward uncharted territory. Other analysts agree, citing Fibonacci extension levels that point to possible short-term targets between $4 and $6, with longer-term projections as high as $13 to $27, depending on momentum and market conditions. Veteran chartist Peter Brandt has also noted the potential formation of a long-term double-bottom pattern. If confirmed, this could push XRP toward the $4.47 level shortly, with the possibility of further gains. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Sentiment and Potential Risks Despite the bullish setup, Egrag cautions that volume remains relatively low . For the breakout to be fully validated, a surge in trading activity is needed. Without it, momentum may stall or even reverse. Egrag also previously warned that if XRP fails to hold the $2.33–$2.45 support zone, the price could dip toward $1.25 before any further upside resumes. A Defining Moment for XRP The next 16 hours could mark a turning point in XRP’s trajectory. A successful close above $3.010 would signal the start of what Egrag calls a “new ATH phase,” potentially setting off a wave of bullish momentum. With technical indicators aligning, market sentiment building, and eyes fixed on the chart, XRP holders may be standing at the edge of a historic breakout. If the candle closes above the mark, the crypto market could be about to witness one of XRP’s most significant moves yet. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Egrag Crypto Predicts What This Crucial XRP Candle Brings In the Next 16 Hours appeared first on Times Tabloid .