- EGRAG Crypto shares a short timeline for XRP to reach $6–$7.
- Analysis is based on fractal patterns and Fibonacci extension levels.
- He pointed to $1.99 as key support to sustain a bullish outlook.
XRP could climb to $6–$7 by mid-November, according to market analyst EGRAG. The projection is based on a fractal pattern that mirrors a past setup, suggesting that the token may repeat a similar price movement.
In a chart shared on X, EGRAG illustrated a “yellow fractal” formation on the XRP/USD pair. The structure aligns with an ascending price channel and overlaps with Fibonacci extension levels that point toward higher targets.
Current Price and Potential Gains
As of this press time, XRP trades at near $3.08, a 1.8% rise in the past day, extending the gain in the past week to 2.5%. Notably, a move to $6 would mark a gain of about 94%, while $7 would represent an increase of more than 126%.
Related: Traders Add to XRP Futures; $3 Support Holds, $3.06 Caps Near-Term Upside
The chart identifies $3.92 as the first Fibonacci target, followed by $5.56. Longer-term projections highlight $9.22 and $18.00 as potential levels if momentum extends. The $6–$7 range sits between the 1.414 and 1.618 Fibonacci levels.
Support Levels and Risk Factors
EGRAG’s analysis also points to $1.99 as a support level. A break below that mark would challenge the bullish outlook and undermine the fractal setup.
The price has consolidated near $3 in recent weeks, forming a base for a new upward leg. Notably, a dip to $1.99 would mark a loss of over 35% for today’s holders.
Is $6 Possible for XRP by November?
In a separate update, analyst Dr. Cat had earlier forecasted XRP at $6–$9 by late 2025 and $20–$30 in 2026. He cited bullish Ichimoku signals and stressed watching the XRP/BTC pair, which he said could turn positive if Bitcoin heads toward $140,000.
Related: Analyst Singles Out XRP to Rival Bitcoin. Not in Price Though
Similarly, analyst Charlie also predicted XRP to face short-term resistance between $3.05 and $3.40. He suggested that if these levels hold and broader market conditions remain favorable, the token could climb toward $5 to $6 by the end of 2025.
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