- An analyst has outlined three major factors suggesting XRP’s bull run is still intact, pointing to strong market structure, growing institutional interest, and favorable technical indicators.
- Despite short-term volatility, these signals hint that XRP may have more upside potential ahead.
XRP has endured intense selling pressure over the past few weeks, with its price dipping as low as $2.69 yesterday before rebounding to $2.80. The decline marked its lowest point since July and sparked frustration within the community, with some longtime holders openly questioning whether the asset will ever deliver the breakout they’ve been waiting for.
Despite the uncertainty, several analysts remain bullish on XRP’s long-term prospects. Technical analyst EGRAG argues that the latest pullback is merely “short-term noise” and that the broader bullish structure for XRP remains firmly intact.
Three Reasons the Bull Run Isn’t Over
EGRAG highlighted three factors underpinning his bullish stance. First, XRP has preserved its monthly body candle structures, a sign that its broader trend is unbroken. Second, the token has not fallen below key Fibonacci retracement levels, with $1.99 serving as a strong base of support.
Finally, XRP continues to trade above the 21-day exponential moving average (EMA), a critical indicator of sustained momentum.
“Unless these conditions are broken, the XRP bull run is not over,” EGRAG. He forecasts that XRP could soon target $3.90, which would represent a new all-time high and align with the 1.272 Fibonacci level on the monthly chart.
#XRP – No Wicks, No Price Noise! 🔍
🔺Did we lose any body candle structures? ❌ No.
🔺Did we fall below any Fibonacci targets? ❌ No.
🔺Did we drop below the 21 EMA on the monthly timeframe? ❌ No.Unless we see all of the above happen, I refuse to declare that the #BullRun… pic.twitter.com/9ihMgKniWb
— EGRAG CRYPTO (@egragcrypto) September 1, 2025
Looking further ahead, he projects a potential move to $9.22, corresponding with the 1.618 Fibonacci level, a surge of nearly 230% from current levels.
EGRAG has also floated even loftier targets for the current market cycle, ranging from $18 to as high as $46. Such gains would represent growth of more than 500% to over 1,500%.
Other Analysts Agree
EGRAG is not alone in his optimism. Analyst Matt Hughes, known as “The Great Mattsby,” also sees strength in XRP’s setup. He pointed to XRP’s performance within a Gann Fan pattern on the weekly chart, noting that the asset has consistently reclaimed major resistance levels, including $0.50, $1.00, and the 2021 peak of $1.96, turning them into firm support zones.
Even the $3 psychological threshold has repeatedly acted as a springboard. Hughes referred to this level as XRP’s “final boss,” suggesting that once it is established as long-term support, a parabolic breakout could follow. Macro investor Raoul Pal echoed this view, adding that XRP is now “fully porting” into higher levels as capital rotates from Bitcoin.
Sentiment Remains Divided
Still, not all investors share this bullish conviction. Influencer Crypto Bitlord recently threatened to sell his holdings if XRP fell back to $2, expressing disappointment after more than a decade of holding.
Yet, despite community frustration, XRP remains up more than 410% year-on-year at its current price of $2.80cementing its place as one of the top-performing altcoins of the past year.
