XRP Bulls Set Their Sights On $222—Can It Happen?

XRP could be on the verge of a massive price jump, according to analyst Egrag Crypto. The well-known chartist has identified what he calls the “Kangaroo Phase,” a consolidation period that might lead to a breakout.

Based on historical trends and key technical indicators, he believes XRP could reach as high as $222 if conditions align.

XRP Key Support And Resistance Levels

Egrag Crypto identifies important pricing ranges that show XRP is keeping firm. The altcoin has stayed above a crucial support line, which would offer a basis for a steady ascent. He also emphasizes the interplay of XRP with the Bull Market Support Band as a successful retest has strengthened optimistic momentum.