XRP’s ‘Generational’ Setup? Analyst Targets $8, $13, and $30

Ripple’s native token joined the market-wide sell-off on Friday, prompted by the largest hack in USD terms in the crypto industry, plunging from about $1.30 to a multi-month low of $1.19 before rebounding to $1.25. While the short-term structure remains fragile, popular analyst EGRAG CRYPTO argued that the bigger picture still points to substantial upside if one key monthly resistance is reclaimed. Some of his targets, though, still sound far-fetched. The Level That Can Unlock It All EGRAG’s long-term thesis centers on XRP’s monthly chart, where the asset is currently trading between the 33-month moving average, acting as dynamic resistance, and the 77-month moving average, which he views as major macro support. He believes the cross-border token could continue ranging between those two boundaries before a larger breakout develops.

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