Top Analyst Highlights Key Confirmation Zone to Send XRP to $22-$27

EGRAG CRYPTO, a popular analyst, has shared an updated XRP/BTC chart, reinforcing a long-term bullish outlook grounded in precise technical levels.

He referenced an older chart from 2023, which laid the foundation for Elliott Wave analysis. It emphasized the significance of XRP closing above a designated “Area of Confirmation” to validate the projected wave structure.

At that time, the Area of Confirmation was defined within a horizontal range, and price targets were outlined in BTC pairings. The digital asset had also completed the first two waves of the Elliott Wave pattern and was about to start Wave 3 with a target of 0.00013582 BTC. Wave 5, the final bullish wave, would have seen the asset rise to 0.00027101 BTC.

This target would have placed XRP between $7.5 and $13, assuming Bitcoin remains within the range of $28,000 to $48,000. The analysis assumed that surpassing the Area of Confirmation would provide conviction for the bullish structure to unfold as projected.

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Updated Analysis and Fibonacci Targets

The new chart, dated July 2, 2025, introduces a refined technical narrative with more emphasis on Fibonacci levels and a broader market structure. A key visual update is the breakout from a long-standing descending channel, indicated in blue, followed by a sharp upward movement.

The new Area of Confirmation is again highlighted, this time placed above the descending resistance zone, aligning around the 0.00003982 BTC level ($4.26 at current prices). The chart marks this as a critical barrier, stating it must be penetrated, underlining its role as a technical threshold.

The analysis highlights key Fibonacci levels: 0.5 at 0.00003982 BTC ($4.26), 0.618 at 0.00006135 BTC ($6.71), and 1.0 at 0.00025 BTC ($27.34), with a target zone between 0.786–1.0, approximately 0.00011225 BTC ($12.28) to 0.00025 BTC ($27.34), representing the culmination of the projected move.

Where is XRP Going Next?

EGRAG CRYPTO expects XRP to fall between $22 and $27 for this cycle. The analyst has consistently repeated the $27 target and shown confidence that the digital asset can hit this lofty target.

Notably, a crypto expert recently highlighted multiple bullish factors that could help XRP reach $25 this month, and EGRAG CRYPTO’s analysis has joined the list of bullish factors that could contribute to XRP’s momentum.

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