“Men lie, women lie, but charts and numbers do not lie,” EGRAG CRYPTO said in a latest post on X, as he highlighted the significance of the Fib 0.5 stage in XRP Dominance. According to him, this stage has traditionally served as a serious resistance zone. It acted as a key barrier in October 2019 and November 2020, each situations marking the onset of bear markets. In the present cycle, the Fib 0.5 stage has as soon as once more confirmed vital, because it has rejected worth advances in January and March 2025.
The Knocking On The Door Analogy For XRP
To drive his level house, EGRAG CRYPTO launched what he known as the “Knocking on the Door” analogy, a easy but highly effective metaphor to clarify how resistance ranges work in technical analysis. He said that resistance is sort of a door; every time it’s examined or “knocked on,” the probability of it will definitely opening will increase.
EGRAG identified that XRP Dominance has now examined this macro resistance stage 4 separate occasions. These repeated exams will not be simply coincidences; they point out constructing pressure at that stage. Traders and analysts usually interpret such repeated encounters as indicators that the asset is making ready for a big transfer, as momentum continues to construct with every try to interrupt via resistance.
Looking forward, EGRAG advised that the fifth “knock” on this resistance stage may be the one which lastly breaks it. If this occurs, XRP Dominance may kind a bullish Bull Flag sample, a technical formation that usually precedes upward strikes. According to EGRAG, this breakout may propel XRP Dominance to round 27%, marking a serious shift in its market energy and probably setting the stage for a broader bullish pattern.
Market Cap Projection & Future Potential
The analyst unveiled a compelling projection that has stirred pleasure throughout the XRP group: if XRP reaches a worth of $27 with a 27% market dominance, this might push the overall market capitalization to $5.5 trillion. This daring forecast displays not solely the attainable future energy of XRP but in addition envisions a big enlargement of the broader crypto market.
He additional defined that with a $5.5 trillion whole market cap, XRP claiming 27% of that share would lead to a market capitalization of roughly $1.485 trillion. Such a determine would additional solidify its standing as a key participant within the blockchain house.
He maintained that XRP may nonetheless attain $27 whereas sustaining 27% market dominance, particularly if the general market experiences a robust bullish cycle. In his view, $1.485 trillion is not only a dream however a viable goal that highlights XRP’s large progress potential.
