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Analysis of $XRP Dominance: EGRAG CRYPTO Predicts "Kaboom Phase" is Approaching
One of the most followed crypto analysts on social media, EGRAG CRYPTO, just shared an in-depth analysis of XRP Dominance – and what he reveals could make the XRP community restless! 📈 Technical Pattern: Bullish Pennant Has Broken On the shared technical chart, EGRAG points out the formation of a bullish pennant ( – one of the strong signals preceding an upward trend. Notably, this pattern has been broken, indicating that the upward momentum of XRP is entering a breakout phase. According to technical measurements from the breakout point, XRP Dominance can increase from 21% to 275%, signaling a growth cycle that EGRAG calls the "Kaboom Phase" - a phase of strong explosion. 📊 VRVP and the Role of 5.75% EGRAG emphasizes the importance of the VRVP indicator )Volume Profile( – a tool that shows trading volume at specific price levels. VRVP indicates that there is a "resistance void" above the 5.75% dominance level, meaning that if XRP surpasses this level and closes a candle above it, the potential for further strong acceleration is very high due to little historical resistance. 📐 Fibonacci-Based Forecast: Price Target 9 – 36 USD? Based on the prediction table according to Fibonacci levels and assuming the total market capitalization of crypto reaches 10 trillion USD, EGRAG presents the following scenarios:
EGRAG even set a final dominance target of 27%, which if achieved would bring XRP to a price above 40 USD, depending on the overall market capitalization. 🚀 Kaboom Phase: Ready? According to EGRAG, the breakout point will be triggered when XRP Dominance surpasses 5.75% – this is the "key to unlock" the massive )Mega Bullish Wave(. Technical factors, chart patterns, and the current market context are all supporting this. However, he also noted that the community may not be "bullish" enough to recognize the scale of the upcoming surge. This implies that market sentiment is lagging behind technical analysis – and when these two factors align, the price of XRP could increase more than expected. 🧠 Conclusion The analysis from EGRAG CRYPTO is not only optimistic but also supported by clear technical data. With a strong breakout, an empty resistance zone above, and ambitious Fibonacci levels, XRP may be on the verge of entering a historic explosion phase. 👉 Investors should closely follow the 5.75% dominance level, as when this threshold is broken, the Kaboom Phase may officially be triggered. Are you ready? 🌀 Note: This is not investment advice. Always do thorough research and manage risk before making a decision.