Analyst Predicts XRP Could Surge to $22-$27 Upon Breaking Key Confirmation Zone

Renowned cryptocurrency analyst EGRAG CRYPTO has released an updated XRP/BTC technical analysis, reaffirming a bullish long-term outlook based on precise chart patterns. The analyst referenced a 2023 chart that established the foundation for Elliott Wave analysis, emphasizing the importance of XRP closing above a critical "Area of Confirmation" to validate the projected wave structure.

The original analysis identified a confirmation zone within a defined horizontal range, with price targets measured against BTC pairings. According to the Elliott Wave pattern, XRP had completed Waves 1 and 2, with Wave 3 targeting 0.00013582 BTC. The final Wave 5 was projected to reach 0.00027101 BTC - potentially valuing XRP between $7.5 and $13, assuming Bitcoin traded between $28,000-$48,000.

In the updated July 2025 chart, EGRAG highlights a breakout from a long-term descending channel, with a revised Area of Confirmation now positioned above descending resistance near 0.00003982 BTC ($4.26). The analysis identifies key Fibonacci levels at 0.00003982 BTC ($4.26 - 0.5 level), 0.00006135 BTC ($6.71 - 0.618), and 0.00025 BTC ($27.34 - 1.0). The primary target zone falls between 0.786-1.0 Fibonacci levels (approximately $12.28-$27.34).

EGRAG maintains confidence in XRP reaching $22-$27 this market cycle, aligning with other bullish predictions suggesting potential moves toward $25. The analysis emphasizes that breaching the confirmation zone would provide technical validation for the anticipated upward trajectory.

Disclaimer: This analysis represents the analyst's personal views and should not be considered financial advice. Investors should conduct their own research before making any decisions.