EGRAG, a prominent figure in the XRP community, has outlined how XRP might reach $17 in the coming months, highlighting crucial indicators that could confirm this bold prediction.JOIN CRYPTOS HEADLINES<a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">TELEGRAM CHANNEL</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/470aa6a360c04b8f8dc632b7879219fd.svg&#43;xml" />In a recent <a href="https://x.com/egragcrypto/status/1810364695406326068" rel="noopener noreferrer nofollow">post on X</a>, EGRAG updated his prediction series titled “The Bent Fork,” which he initially launched in June 2023. Originally <a href="https://cryptosheadlines.com/analyst-sets-xrp-targets-33-ultimate-goal/" rel="noopener noreferrer nofollow">setting a target of $15 for XRP</a>, EGRAG has since revised this figure to $17 based on further analysis.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/48f55e78ea7940a7ad82a82f1b1aaa46.png" /><h3 id="egrag-outlines-path-for-xrp-to-reach-17-with-key-indicators">EGRAG Outlines Path for XRP to Reach $17 with Key Indicators</h3>In his latest commentary, <a href="https://cryptosheadlines.com/ada-faces-critical-sell-signal-analyst-alarm/" rel="noopener noreferrer nofollow">analyst EGRAG highlighted five factors that could signal</a> the beginning of XRP’s journey to $17.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/57ea9cd7cf55421b9d69c43d7a824d77.png" /><img src="https://academy-public.coinmarketcap.com/optimized-uploads/48091f1017bb4510b528b81e024f9d65.png" />Source: <a href="https://x.com/egragcrypto/status/1810364695406326068?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">X</a>EGRAG emphasized the importance of XRP reclaiming the $0.4 region. After initially falling below this level on July 5, XRP has partially recovered. In the past 24 hours, it nearly dropped back to $0.39, hitting an intraday low of $0.4047. Currently, XRP is trading at $0.44, reflecting a 2% gain today.During this minor recovery, EGRAG pointed out that surpassing the $0.75 threshold is crucial to confirming the early stages of XRP’s <a href="https://cryptosheadlines.com/ripple-ceos-optimism-fuels-xrp-bull-run-speculation/" rel="noopener noreferrer nofollow">bull run</a>. He noted that closing above $0.75 would pave the way for XRP to aim for a new all-time high (ATH).In mid-March, XRP experienced a notable 20% surge to $0.74 amid a generally positive market environment in Q1. This rally was widely praised and even garnered a bullish outlook from <a href="https://cryptosheadlines.com/ripple-ceo-garlinghouse-sec-battle-to-cost-firm-200m/" rel="noopener noreferrer nofollow">Ripple’s CEO, Brad Garlinghouse</a>. However, the rally was short-lived, and XRP began a downtrend from which it has not fully recovered.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/48f55e78ea7940a7ad82a82f1b1aaa46.png" />To meet EGRAG’s requirement for confirming a trajectory toward an ATH, XRP now faces a significant challenge: a 70% bullish rally.<h3 id="egrag-identifies-key-levels-for-xrp-to-reach-17">EGRAG Identifies Key Levels for XRP to Reach $17</h3>EGRAG noted that the $1 mark represents both a structural barrier and a psychological obstacle for XRP’s anticipated rise. Once this level is surpassed, the next critical target is $1.8, which EGRAG describes as an equilibrium point.<a href="https://cryptosheadlines.com/top-meme-coins-mew-bonk-and-brett-with-2x-upside-potential/" rel="noopener noreferrer nofollow">Also Read: Top Meme Coins MEW- BONK and BRETT with 2x Upside Potential</a>If XRP meets these criteria, EGRAG believes that the XRP Army could expect a dramatic surge, potentially driving the token up by 3,763% to reach $17.Another important indicator for EGRAG is XRP surpassing its six-year-old all-time high. He suggests that breaking the $3.5 level could be a pivotal moment, describing it as potentially opening “the gates to Valhalla” and <a href="https://cryptosheadlines.com/puppynets-20-million-transactions-set-stage-for-shibariums-price-explosion/" rel="noopener noreferrer nofollow">setting the stage</a> for significant success.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/9e979fa6391344ad9918162e3a81c6b8.png" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

EGRAG Predicts XRP Could Reach $17 with Key Indicators

Table of Contents

CryptosHeadlines.com

Other articles published on Jul 10, 2024

Top Trending Cryptos on Solana Chain Today – Winerz, aura, Study

Coinbase’s Stand With Crypto initiative to launch in Canada

Bitcoin ETF Inflows Signal Potential Bull Run Above $60,000

Bitcoin Bullish Run Is Not Over, Ark Invest CEO Says We Are Only “Halfway Through”

Accelerate Your Profits with MoonBag Staking Rewards and Referrals – Last Chance to Earn Up to 90...

Coinbase Announces New Token Listing, Price Surges 100%

Join our free newsletter for daily crypto updates!