- XRP just broke out of a bullish pennant, and dominance levels could spark what analysts are calling the “Kaboom Phase.”
- Market cap projections using Fibonacci levels suggest XRP could reach $800B to $2T if crypto markets expand.
- Technical indicators like the Golden Cross and MACD support a bullish case, with a push to $5+ on the table if momentum holds.
XRP isn’t just climbing the charts—it’s rewriting them. Over the past year, it’s outshined Bitcoin by a massive 277%, hitting a fresh all-time high of $3.66 before cooling slightly to around $3.44. Impressive? Definitely. But according to crypto analyst EGRAG CRYPTO, the real story is bigger than price.
He’s not just talking numbers. He’s calling it a “mega bullish wave,” and says XRP’s dominance might be flashing some seriously loud signals.
The Breakout That Could Light the Fuse
EGRAG pointed to XRP’s dominance chart recently breaking out of what he calls a bullish pennant—a chart pattern traders watch for when things are about to, well, go boom. According to him, that breakout could set the stage for a 21% to 275% run. Yes, that wide. And yes, it’s bold.
Now here’s the kicker: the chart isn’t the only thing talking. EGRAG says the Visible Range Volume Profile (VRVP) indicator shows a “void” area once dominance pushes past 5.75%. If XRP slices through and stays up there? He calls it the “Kaboom Phase”—which basically means, hold on tight.
Can XRP Really Touch a $1.5 Trillion Market Cap?
Sounds nuts, right? Maybe not. Using Fibonacci levels layered over the entire crypto market cap, EGRAG’s “Fab chart” lays out a few wild possibilities. If global crypto reaches $10 trillion, XRP could theoretically snag a slice that’s worth over $2 trillion if it touches the 0.888 Fib level.
Even dialing it back a bit, targets in the $800 billion to $1.5 trillion range aren’t off the table. That would make XRP one of the biggest stories in crypto. Maybe the story.
Price Discovery Ahead?
Right now, XRP is trading near $3.44, just a hair below its peak at $3.66. A Golden Cross already happened (that’s when the 50-day EMA flips above the 100-day EMA—a classic bullish signal), and the MACD buy signal that started back on June 28 is still doing its thing.
If XRP can crack that $3.66 ceiling and hang above $3.50, it could be entering a full-on price discovery phase. EGRAG seems to think that’s where things get exciting. With whales loading up and dominance rising, he’s eyeing a move toward $5—or more. Bold? Yep. Impossible? Maybe not.
