- Egrag Crypto highlights the $3.13–$3.20 “Pinkish Square” as XRP’s decisive monthly resistance.
- XRP is nearing the apex of a large ascending triangle, with a confirmed breakout potentially targeting $3.44–$4.00+.
- Egrag remains bullish and confident, urging holders to “stay steady and strong,” as technical compression signals an imminent expansion.
Popular crypto analyst Egrag Crypto has issued an upbeat update on XRP’s technical outlook, highlighting what he calls the “Pinkish Square” resistance zone between $3.13 and $3.20.
In his latest post, Egrag noted that on the monthly timeframe, XRP is attempting to form a full-bodied candle close above this critical range, an event that could mark the highest monthly close in the asset’s history.
“This could be the highest closing price in the history of XRP!” the analyst emphasized. Despite a cautious tone across parts of the market, Egrag remains confident, saying, “It’s surprising that many people are feeling bearish right now. XRP family stay steady and strong! Together We Rise, and soon we shall fly high!”
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#XRP Pinkish Square ($3.13 – $3.20) 📈 (UPDATE):
On the monthly time frame, #XRP trying to close a big full body candle close (26 days to go). This could be the highest closing price in the history of #XRP! 📊✨
It’s surprising that many people are feeling bearish right now.… https://t.co/dMxIekQwHz pic.twitter.com/LXbjBDpVjg
— EGRAG CRYPTO (@egragcrypto) October 5, 2025
Chart Analysis: Major Ascending Triangle Near Completion
The accompanying chart illustrates XRP’s price structure within a large ascending triangle, a classic bullish continuation pattern. The chart shows consistently higher lows (supported by a blue uptrend line) and a horizontal resistance zone at $3.13–$3.20 — the “Pinkish Square.”
If XRP manages to close above this range, Egrag’s model suggests a potential breakout toward $3.44 and beyond, with further upside targets depending on momentum confirmation.
However, the chart also highlights critical support levels at $2.77, $2.65, and $2.45, which Egrag has previously called the “macro noise zone.” These levels would act as potential bounce zones if the price fails to sustain above resistance.
Source: Egrag Crypto/X
Potential Record-Breaking Close Could Signal Next Bull Phase
A monthly candle close above $3.13 would not only break the multi-year consolidation structure but could also mark the most bullish close in XRP’s history, confirming renewed long-term strength after months of ranging.
According to Egrag, XRP’s positioning reflects growing technical pressure within its ascending formation — “compression leads to expansion” — suggesting that volatility could soon return in a major way.
While some traders have expressed skepticism amid global market uncertainty, Egrag’s latest analysis stands as a counterpoint, emphasizing patience and discipline among XRP holders.
This comes as XRP continues to show strong liquidity flows across Asian exchanges and institutional speculation builds around Ripple’s ongoing partnerships in the banking and tokenization sectors.
Outlook
If XRP closes October with a full-bodied monthly candle above $3.13–$3.20, it could confirm a long-term breakout with potential upside toward $3.44–$4.00 in the near term.
As Egrag concluded in his post: “Stay steady and strong… together we rise, and soon we shall fly high.”
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