What to know:
- Egrag Crypto maintains that XRP could reach $30 if the token confirms acceptance above previous highs and enters sustained price discovery.
- XRP must defend the $0.85 to $0.88 support zone before reclaiming $1.23, $1.65, and challenging the $3.50 resistance level.
- Moon Lambo linked XRP’s long consolidation with improving fundamentals, arguing that broader adoption could eventually support stronger long-term market performance.
Crypto analyst Egrag Crypto has reaffirmed his long-term $30 price target for XRP, arguing that the asset’s technical structure remains intact despite recent market weakness. According to the analyst, XRP is undergoing a normal macro retest following its breakout from a multi-year symmetrical triangle, while broader adoption trends continue to strengthen the long-term outlook.
In a post shared on X, Egrag Crypto identified $6.40 and $30 as major upside targets, provided XRP defends support between $0.85 and $0.88. The analyst explained that this area combines several important technical indicators, including the lower boundary of the symmetrical triangle, the projected breakout retest, the White Bridge, and the monthly 111 EMA.
Although XRP could briefly trade that range below, sustained monthly closes beneath it would weaken the current bullish structure. Meanwhile, Egrag Crypto pointed to the monthly 21 EMA as the next momentum trigger. Reclaiming that level through the $1.23 to $1.65 range would strengthen the case for a broader recovery.
Technical structure supports higher targets
According to Egrag Crypto, XRP’s long-term roadmap starts with defending the current support region before reclaiming $1.23 and breaking above $1.65. If buyers maintain momentum, the next resistance zone sits between $3.00 and $3.50.
Clearing those previous highs would place XRP into a new phase of price discovery, with Egrag Crypto identifying $6.40 as the first major measured move target. Beyond that milestone, Egrag Crypto maintained that XRP could eventually reach $30, provided the token confirms acceptance above its previous cycle highs before the full macro target becomes realistic.
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Crypto commentator Moon Lambo, who highlighted the analysis, noted that multiple analysts have independently identified similar chart structures. He added that a temporary move below $1 would not automatically invalidate the broader bullish setup because it aligns with the projected breakout retest.
Moon Lambo also argued that many financial assets have spent years consolidating before delivering significant price appreciation. He added that XRP‘s fundamentals have strengthened throughout its extended trading range, reinforcing expectations that the coin could undergo a significant rally soon.
Ripple NDA Claim Strengthens Mass Adoption Expectations
Meanwhile, broader adoption expectations have gained momentum following comments shared by popular businessman and XRP supporter Jake Claver on X, claiming that Ripple signed more than 1,700 nondisclosure agreements between 2013 and 2020.
According to Claver, the NDAs involve banks, payment providers, technology companies, universities, and Fortune 500 firms. He argued that many of those confidential relationships may explain why Ripple’s institutional expansion has remained largely out of public view. Claver also suggested that restrictions surrounding some agreements could be nearing their end, potentially allowing more partnerships to become public.
While nondisclosure agreements do not confirm active XRP deployments or completed commercial deals, their reported scale has reinforced expectations that Ripple has established a broad institutional network that could be deploying XRP and its technology in their operations.
Conclusion
Egrag Crypto maintains that XRP’s macro trend remains constructive while key support levels hold, adding that defending the breakout structure and reclaiming higher resistance levels could position the token for the projected $6.40 expansion target before any move toward the longer-term $30 objective.
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