XRP is pressing up against what analyst EGRAG CRYPTO describes as a pivotal resistance band, with a new chart arguing that the token is entering a decisive technical phase. In the analyst’s framework, the immediate question is whether an ascending triangle forming beneath “Zone 1” can trigger the next leg higher and whether that move could eventually reopen the path toward prior cycle highs.
The core of the thesis is straightforward. According to EGRAG, “The Chart is Saying the following: Ascending Triangle forming under Zone 1 ($1.65–$1.70). Higher lows = buyers stepping in. Resistance flat = liquidity sitting above. This is classic breakout fuel.”
XRP’s Possible Path To The ATH That interpretation hinges on a familiar dynamic in market structure. An ascending triangle typically reflects repeated buying interest at progressively higher levels, even as sellers continue defending a fixed ceiling. In EGRAG’s read, that ceiling is Zone 1, and the tightening range beneath it is creating the pressure.
Even then, EGRAG argues that clearing Zone 1 would only be the first step. The post asks what it would take for XRP to reach “Zone 2,” marked at roughly $2.60 and above on the chart. The answer is more demanding than a single breakout candle.
“Breaking Zone 1 is NOT enough,” EGRAG wrote. “To breach Zone 2 ($2.60+), we need institutional flows / ETF-style exposure, BTC stability or dominance drop, [and] sustained weekly closes above $1.85–$2.00.” For now, the analyst’s summary is more measured than euphoric: “Triangle = Pressure. Zone 1 = Trigger. Zone 2 = Expansion. Catalyst starts the move…..Liquidity finishes it.”
That leaves XRP at an inflection point. If buyers can convert the current compression into a clean move through Zone 1, the conversation quickly shifts from pattern recognition to expansion targets. If not, EGRAG’s own framework suggests the market could sweep liquidity lower first, especially if Clarity Act fails to arrive on time.
At press time, XRP traded at $1.44.
