EGRAG CRYPTO's XRP Price Chart Reveals Key Insights Ahead of the Drop

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 20 2025

Technical Analysis by Egrag Crypto: Egrag Crypto shared a technical analysis of XRP, highlighting a micro bull flag formation and key support and resistance levels before a market correction occurred.
Market Reaction: Following the analysis, XRP experienced a significant sell-off due to profit-taking and whale activity, causing it to drop below the $3 psychological level, validating Egrag's warnings about potential downside risks.
Importance of Technical Levels: Egrag’s chart provided clear decision points for traders, indicating that a breakout above $3.30 would suggest bullish continuation, while a drop below $2.65 would signal deeper retracement.
Key Takeaway: The situation illustrates the effectiveness of technical analysis in risk management, emphasizing that such insights can help traders navigate market volatility rather than predict future movements.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

EGRAG CRYPTO's XRP Price Chart Reveals Key Insights Ahead of the Drop

About the author

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