{"id":34907,"date":"2025-07-03T00:01:33","date_gmt":"2025-07-03T00:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34907"},"modified":"2025-07-03T00:01:33","modified_gmt":"2025-07-03T00:01:33","slug":"xrp-price-breaks-descending-channel-with-a-2-40-target-heres-the-roadmap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34907","title":{"rendered":"XRP Price Breaks Descending Channel With A $2.40 Target \u2014 Here\u2019s The Roadmap"},"content":{"rendered":"
\n

Crypto analyst Egrag Crypto<\/a> has predicted that the XRP price could rally to as high as $2.40 soon. He made this prediction based on the altcoin\u2019s breakout above a descending channel and revealed what needs to happen next for it to reach this $2.40 target.\u00a0<\/p>\n

XRP Price Eyes $2.40 With Breakout Above Descending Channel<\/h2>\n

In an X post<\/a>, Egrag Crypto stated that the XRP price has broken above the descending channel at $2.2. He further remarked that the altcoin now needs to break another descending channel<\/a> at $2.2962. Once that happens, the analyst declared that the target will be for the token to close above $2.40.\u00a0<\/p>\n

His accompanying chart showed that a successful close above $2.40 would put higher targets, such as $2.55, $2.71, and $2.88, within sight for the altcoin. This could pave the way for the altcoin to reclaim the psychological $3 level and aim for a new all-time high (ATH)<\/a>. The analyst also recently highlighted a \u2018W\u2019 pattern, which confirmed that a new ATH was in sight.\u00a0<\/p>\n

\"XRP\"<\/p>\n

Egrag Crypto stated<\/a> that the price targets with this bullish pattern are $15, $22, and $40, which represent the conservative, average, and optimistic targets, respectively. However, he urged market participants to take their initial capital at lower targets, starting around $6 to $7. He added that they should also secure profits along the way.\u00a0<\/p>\n

XRP Needs To Hold Its Current Level To Stay Bullish<\/h2>\n

In an X post<\/a>, crypto analyst CasiTrades declared that the XRP price needs to hold above $2.16 to stay bullish. She noted that after reaching the $2.30 resistance, the price wasn\u2019t able to hold the $2.25 support level<\/a>. Instead, the altcoin is now pulling back to retest the top of the consolidation between $2.18 and $2.16.<\/p>\n

\u00a0CasiTrades affirmed that this isn\u2019t a breakdown, at least not yet, but that this test matters. The analyst explained that this is a critical zone<\/a> and that holding above it keeps momentum intact. It also confirms that the XRP price is still in a breakout move, not just backfilling a structure. She added that this price action is very common, with a breakout, rejection, quick retest, and then launch. However, for that to happen again, she again stated that $2.16 needs to hold.\u00a0<\/p>\n

If the XRP price<\/a> fails to hold above $2.16, the crypto analyst warned that it risks a deeper downside and a broader trend reset. This then opens the door for token to drop to the $1.90 support. On the other hand, she claimed that XRP simply needs to flip $2.25 to support, and then the altcoin is set for \u201c$2.69, $3.04, and beyond.\u201d<\/p>\n

At the time of writing, the XRP price is trading at around $2.19, down in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Egrag Crypto has predicted that the XRP price could rally to as high as $2.40 soon. He made this prediction based on the altcoin\u2019s breakout above a descending channel and revealed what needs to happen next for it to reach this $2.40 target.\u00a0 XRP Price Eyes $2.40 With Breakout Above Descending Channel In […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34907","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34907"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34907\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}