“Males lie, girls lie, however charts and numbers don’t lie,” EGRAG CRYPTO acknowledged in a current post on X, as he highlighted the significance of the Fib 0.5 degree in XRP Dominance. In keeping with him, this degree has traditionally served as a significant resistance zone. It acted as a key barrier in October 2019 and November 2020, each situations marking the onset of bear markets. Within the present cycle, the Fib 0.5 degree 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 dwelling, EGRAG CRYPTO launched what he referred to as the “Knocking on the Door” analogy, a easy but highly effective metaphor to elucidate how resistance ranges work in technical analysis. He acknowledged that resistance is sort of a door; every time it’s examined or “knocked on,” the chance of it will definitely opening will increase.
EGRAG identified that XRP Dominance has now examined this macro resistance degree 4 separate occasions. These repeated assessments aren’t simply coincidences; they point out constructing pressure at that degree. Merchants and analysts usually interpret such repeated encounters as indicators that the asset is getting ready for a big transfer, as momentum continues to construct with every try to interrupt by way of resistance.
Trying forward, EGRAG advised that the fifth “knock” on this resistance degree could be the one which lastly breaks it. If this occurs, XRP Dominance may type a bullish Bull Flag sample, a technical formation that usually precedes upward strikes. In keeping with EGRAG, this breakout may propel XRP Dominance to round 27%, marking a significant shift in its market power 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 whole market capitalization to $5.5 trillion. This daring forecast displays not solely the potential future power of XRP but additionally 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 powerful bullish cycle. In his view, $1.485 trillion is not only a dream however a viable goal that highlights XRP’s large development potential.
