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Altcoins & DeFi

XRP must close above $1.25 for rally to $17, says Egrag Crypto

Image: CoinTurk News

XRP has continued to struggle under persistent selling pressure after falling below its short-term trading channel. Despite the recent downturn, crypto analyst Egrag Crypto maintains that the broader bullish trend of the cryptocurrency remains intact and that a significant recovery could still be on the horizon if previous historical patterns repeat. In a recent post on X, Egrag Crypto pointed to $1.25 as a key level XRP must reclaim on the daily time frame to validate any renewed bullish momentum. He explained that a consistent close above this price would signal early signs of strength and could pave the way for a broader price recovery.

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