• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Analyst Maps Path Back To All-Time High

March 19, 2026
in Bitcoin
Reading Time: 4min read
0 0
A A
0
Analyst Maps Path Back To All-Time High
0
SHARES
4
VIEWS
ShareShareShareShareShare

XRP is pressing up against what analyst EGRAG CRYPTO describes as a pivotal resistance band, with a new chart arguing that the token is entering a decisive technical phase. In the analyst’s framework, the immediate question is whether an ascending triangle forming beneath “Zone 1” can trigger the next leg higher and whether that move could eventually reopen the path toward prior cycle highs.

In a post on X, EGRAG framed the setup as “Ascending Triangle vs Zone 1 (Decision Time)” and tied the structure to a potential policy catalyst: the Clarity Act. The five-day XRP/USD chart shows price compressing beneath a blue resistance area around $1.65 to $1.70, while a rising lower trendline suggests buyers have continued stepping in on dips.

The core of the thesis is straightforward. According to EGRAG, “The Chart is Saying the following: Ascending Triangle forming under Zone 1 ($1.65–$1.70). Higher lows = buyers stepping in. Resistance flat = liquidity sitting above. This is classic breakout fuel.”

XRP price analysis, 5-day chart | Source: X @egragcrypto

XRP’s Possible Path To The ATH

That interpretation hinges on a familiar dynamic in market structure. An ascending triangle typically reflects repeated buying interest at progressively higher levels, even as sellers continue defending a fixed ceiling. In EGRAG’s read, that ceiling is Zone 1, and the tightening range beneath it is creating the pressure.

Related Reading

EGRAG does not present the pattern as a guaranteed breakout. Instead, the post assigns explicit probabilities to both paths. “Break Above Zone 1: ~65%. Structure supports continuation. Momentum building with compression,” the analyst wrote. “Rejection / Fakeout: ~35%. If no catalyst → liquidity sweep first. If the Clarity Act is postponed, rejection becomes the likely scenario.”

Notably, the post repeatedly points to the Clarity Act as the narrative catalyst that could “unlock” a break above Zone 1. In other words, the triangle may be storing pressure, but the release still depends on a macro or policy trigger strong enough to force price through overhead supply.

Related Reading

Even then, EGRAG argues that clearing Zone 1 would only be the first step. The post asks what it would take for XRP to reach “Zone 2,” marked at roughly $2.60 and above on the chart. The answer is more demanding than a single breakout candle.

“Breaking Zone 1 is NOT enough,” EGRAG wrote. “To breach Zone 2 ($2.60+), we need institutional flows / ETF-style exposure, BTC stability or dominance drop, [and] sustained weekly closes above $1.85–$2.00.”
For now, the analyst’s summary is more measured than euphoric: “Triangle = Pressure. Zone 1 = Trigger. Zone 2 = Expansion. Catalyst starts the move…..Liquidity finishes it.”

That leaves XRP at an inflection point. If buyers can convert the current compression into a clean move through Zone 1, the conversation quickly shifts from pattern recognition to expansion targets. If not, EGRAG’s own framework suggests the market could sweep liquidity lower first, especially if Clarity Act fails to arrive on time.

At press time, XRP traded at $1.44.

XRP price chart
XRP must break the 0.618 Fib now, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Ethereum Explodes 24% After Key Breakout: Rally To $4,956 In Play?

Next Post

Leonardo AI Unveils Comprehensive Image Editing Suite with Six Model Options

Next Post
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Leonardo AI Unveils Comprehensive Image Editing Suite with Six Model Options

You might also like

XLM Price Prediction: $0.30 Breakout Attempt as Q1 Technical Setup Emerges

PEPE Price Prediction: Frogs at Maximum Compression — Bounce or Break?

June 24, 2026
Trump-Iran war deal nudges Israel PM market, Eizenkot leads at 38.55%

Letlow primary win shifts Iran-entry market as Polymarket puts Senators at 55%

June 28, 2026
BOJ Raises Rates To 1% As Crypto Traders Watch Yen Carry Risk

SBI And Startale Put Yen Stablecoins Back In The Institutional Spotlight

June 24, 2026
You Will Not Like Where Grok AI Predicts Bitcoin Going in The Next 30 Days

You Will Not Like Where Grok AI Predicts Bitcoin Going in The Next 30 Days

June 25, 2026
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800

Ethereum Price Prediction: ETHLABS in Frontline to Save ETH Future

June 23, 2026
Mark Zuckerberg Meta AI Predicts Eye-Opening XRP Price by End of 2026

Mark Zuckerberg Meta AI Predicts Eye-Opening XRP Price by End of 2026

June 25, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Apple Vision Pro exec to OpenAI, but Polymarket still has Anthropic at 85.5%

BIS flags debt and AI risks as Polymarket lifts July Fed hold odds to 81.5%

June 28, 2026
Bitcoin holds near $59.9K as Polymarket prices 99% odds above $54K

Bitcoin holds near $59.9K as Polymarket prices 99% odds above $54K

June 28, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.