- XRP needs to close above $4 before March 10th to avoid market volatility.
- Historical drops at Fork C average 74%, but could set the stage for a breakout.
- Avoiding lunar eclipse-related dips could propel XRP to a potential $13-$15 price range.
XRP’s price action is at a turning point, blending opportunity with danger. Egrag Crypto highlights critical patterns and key levels that demand attention. To avoid a crash, XRP must close above $4 with strong weekly confirmation. Time is running out, as a lunar eclipse on March 14th could trigger market-wide sell-offs. The stakes are high, and traders must act quickly to secure a bullish future for XRP.
The Road to $4 and Historical Patterns
Egrag Crypto emphasizes the importance of closing above $4 by March 10th. Historically, lunar eclipses have caused significant market declines, making this timeline crucial. A strong weekly close above $4 could shield XRP from potential turbulence. The chart reveals a recurring trend at a level referred to as Fork C. Each interaction with this level has led to sharp declines.
According to Egrag Crypto, these drops include Purple Circle 1: 89.59%, Purple Circle 2: 68.97%, Purple Circle 3: 64.35%, and Purple Circle 4: 73.39%. The average decline across these instances is an eye-opening 74%. Egrag Crypto views these dips as essential retests, preparing XRP for stronger moves.
The Journey Beyond the Purple Circle
XRP now sits near the edge of an ascending triangle. If another dip occurs at Fork C, the retest could set the stage for a breakout. Egrag Crypto believes avoiding this breakdown could lead XRP to the $13-$15 range. Success depends on maintaining momentum and avoiding the sell-offs historically tied to lunar eclipses.
Whales and traders are watching closely, knowing the next move could define XRP’s future. Egrag Crypto’s analysis provides a guide through the risks and potential rewards. With precise timing and attention to historical clues, XRP could be poised for an extraordinary rally.
