EGRAG CRYPTO simply answers the “Why’S” in cryptos in a rational, knowledgeable, and tech-driven approach. EGRAG is letter “Y” in French.
Dec 18, 2024 • 7 tweets • 4 min read
#XRP - Half Pump Could Lead to $27 (Update):
As promised, here’s a detailed breakdown of #XRP across 5 key timeframes 🕰️, providing a crystal-clear outlook on its next move using the Fib Channel Chart
1⃣ Monthly
2⃣ Weekly
3⃣ 3-Day
4⃣ Daily
5⃣ 8-Hour & 2-Hour
🔎 Monthly Time Frame Analysis (1/7)
Fibonacci Channels are a game-changer! They reveal key support & resistance levels, potential trend reversals, and precise price targets 🎯.
✅ The $0.75 zone was my critical price expansion target, and now, #XRP has penetrated the Fib Channel 0.236, which is incredibly bullish! 💥
🔥 Closing the Monthly Candle above 0.236 will be the ultimate green light to target Fib Channel 0.382. 🏁 This move could unlock the path toward a major rally! 🚀
Weekly Time Frame Analysis (2/7)
Simple Price Targets with Candle Formations:
Scenario A:
❌ If #XRP closes the weekly candle body below $2.44, the chances of revisiting $2.05 increase significantly. 🚨
Scenario B:
✅ If #XRP closes the weekly candle body above $2.60, get ready for an exciting Christmas week 🎄
The odds of hitting the All-Time High (ATH) and pushing beyond it become very high! 🚀💎The key levels are clear—now we watch and prepare! 💪
Dec 16, 2024 • 7 tweets • 5 min read
#XRP - Face-Melting Phase (Ranging Mode) 🔥
This post takes a close look at #XRP across 5 key timeframes to give you a comprehensive outlook on its next move:
Let’s kick things off with the Monthly Timeframe! 🗓️
📊 Monthly Timeframe Analysis (1/7):
✅ As long as December closes without any bearish candle formations such as:
❌Hanging Man
❌Shooting Star
❌Gravestone Doji
❌Bearish Spinning Top
Then we’re in good shape, and January could kick off bullish! 💹
⚠️ Key Level to Watch:
The critical level is $2.2. For bearish formations to remain invalid, the candle body must not close below $2.2.
👉 Wicking, retesting, retracements, are all noise and are less important to me. What matters is the candle formation on the monthly timeframe — it holds major significance for future price action!
📊 Weekly Time Frame Analysis (2/7):
The previous weekly candle with long legs was impressive, showing that the #Bulls 🐂 scooped up every single dip of #XRP! 💪
However, this week’s candle close will be critical for the rest of December and the start of January 2025. 🗓️ Right now, the weekly candle has opened below the body of last week’s close.
⚠️ What Does This Mean?
🔻 Opening below the previous week’s close can indicate bearishness, but we still have 6 days until the weekly candle closes.
✅ If #XRP closes with a full body above $2.44, I can confidently say January and February 2025 will be explosive — get ready for fireworks! 🎆
❌ If it doesn’t, we may range for a while.
🔥 Key Level to Watch: As long as we hold the $2 mark on the weekly time frame, the structure remains solid.
May 8, 2022 • 6 tweets • 5 min read
#XRP 0.50 Cents is a Brick Wall, it will be hard to be broken.
Time for a Price Thread 🧵 to understand the possibility & probability of 0.50 cent Range is our potential bottom.
#XRP on the D 0.50 cents played more than 9 times a pivotal role, as resistance & Support(1/5) #XRP on the 5 D, Fib 0.786 ( in the Fib Channel) & Fib 0 ( in the Fib Extension) has a confluence on target 0.5071 cents. A fourth confluence that 0.50 Cents is our bullish bounce. (2/5)