Egrag Crypto Warns XRP Holders of Crash Risk, Teases $30 Moonshot Potential
Crypto analyst Egrag Crypto has issued a stark warning to XRP holders, predicting a potential crash in the token's value. According to his analysis, if XRP falls below its current price of $1.52, it could lose as much as 90.1% of its value and drop to $0.15.
This downside target is part of Egrag's long-term chart, which also shows a path towards a potential moonshot to $30. However, this would require XRP to explode by approximately 2,620%, or more than 27x, from its current level.
The road to $30 is fraught with challenges, and Egrag's analysis identifies two key levels that XRP must defend: the $1.47 zone and the $1.65 level near its 33-month moving average.