NewsBTC
Apr 9, 2026 upd. 8 Jun

Analyst sets XRP targets: $7, $10, $31; $3.30 trigger, $0.90 support

2 min

Egrag sets XRP targets at $7, $10, $31 amid wedge setup; watch $3.30 and $0.90

Analyst Egrag Crypto mapped upside targets for XRP at $7, $10, and $31. He expects a volatility break from a broadening wedge, with price near $1.38.

This call lands as reports cite a two‑week U.S.–Iran ceasefire agreement.

  • Egrag marks $7, $10, $31 as top Fib 1.618 targets and “battle zones,” arguing they define the support framework on X.

XRP Fib targets and zones chart

He highlights a Descending Broadening Wedge, with a strong base near $0.90 and compression at the top, signaling pressure build-up on X. The pattern description is detailed here by NewsBTC.

  • Probability of bullish expansion: 55–60%. A break above $3.30 (“trigger”) opens $5, $8, and $13 per Egrag.
  • Fake breakdown risk: 40–45%. A sweep below $0.90 (“line in the sand”), then reclaim, could precede a parabolic run source.
  • Full failure: 10–15% if structure breaks without reclaim source.

“Controlled chaos before expansion,” he says of the wedge. The longer it coils, the sharper the move on X. A prior move versus Bitcoin preceded a 500% rally to $3.3 per NewsBTC.

Counterview: analyst CasiTrades sees a last leg down to $0.87 after a clean 5‑wave into resistance and bearish divergence. Path sketched: drop to $1.13, relief, then $1.08 (macro .786), possible bounce, then break into $0.87 (macro .854) on X, with context here Bitcoinist and here Bitcoinist.

Spot check: XRP trades around $1.38, up over 5% in 24 hours, per CoinMarketCap market page.