The XRP price has been languishing in a protracted consolidation phase recently. Yet, a recently presented technical forecast by chart specialist Egrag Crypto suggests an impending shift in this trend may be on the horizon. The 5-day XRP/USD chart shared by Egrag suggests a potential price breakout, with a long-term price target above $22. Egrag’s commentary is vivid and emphatic: “XRP: IT IS BREWING: The chart for XRP is tightening up like a pressure cooker ready to blow! An eruption seems inevitable, and the anticipation is rising faster than ever. XRP Army STAY STEADY, The pressure is mounting, and it looks like something massive is about to break loose!” XRP Price Breakout Is Brewing – Here’s When The chart features a symmetrical triangle pattern. This pattern in technical analysis often represents a consolidation period preceding a breakout. Since early 2017, the XRP price has been fluctuating within these converging trend lines, suggesting a tightening range that typically precedes significant price movements. Related Reading: XRP Price Poised To Hit $20,000: Chad Steingraber Theory Outlines How Moreover, Egrag Crypto poi ..
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