XRP Price Fractal Hints at 130% Surge — Could It Hit $7 by November?

XRP

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  • Analyst sees a fractal pattern pointing to a rally toward $6–$7.
  • XRP must break $3.91 and $5.56 resistance to confirm momentum.
  • Holding above $2 support is crucial for sustaining the bullish outlook.

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XRP is showing signs of repeating a historical price pattern that once sparked a major rally, according to analyst Egrag Crypto. The token’s current structure suggests a potential move toward $6–$7 by mid-November if momentum continues to build.

Analyst Flags Bullish Fractal on XRP Chart

Crypto analyst Egrag Crypto has identified what he calls a “repeating fractal formation” on XRP’s price chart. This pattern mirrors one seen before a previous surge, where the token traded sideways for weeks before breaking out. Such consolidation often signals pressure building in the market, which can precede sharp upward moves.

Currently, XRP is holding firm around $3.03, gaining about 2.57% in the past day and over 3% in the past week. This steady climb reflects growing buyer interest, suggesting that market sentiment is shifting in XRP’s favor.

Resistance Levels Could Unlock Rapid Gains

Egrag notes two major resistance zones—$3.91 and $5.56—that XRP must clear to confirm a bullish trend. If the token breaks above these levels, it could accelerate toward the $6–$7 range he projects for mid-November. Such a move would more than double XRP’s value from its current level and could reignite wider market interest.

However, analysts emphasize that holding above $2 support remains critical. This base has acted as a launchpad for past rallies and could be vital again if XRP is to follow through on this bullish fractal setup.

Building Momentum Into Year-End

With XRP steadily grinding higher, the market appears to be positioning for a potential breakout. If Egrag’s fractal projection plays out, XRP could become one of the top-performing large-cap cryptos heading into year-end—reshaping sentiment across the broader market.

XRP price chart from TradingView.com
Token price struggles to hold gains | Source: XRPUSDT on TradingView.com

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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