ChartNerd (@ChartNerdTA), a prominent crypto analyst, has advised the XRP community to disregard external distractions while presenting an in-depth technical analysis from EGRAG CRYPTO (@egragcrypto). This analysis focuses on XRP's long-term structural patterns and its current accumulation phase, suggesting the cryptocurrency may be on the verge of a substantial upward price movement.
EGRAG CRYPTO characterized the prevailing technical setup as a formation developed over several years of data. The chart, identified as "The Bifrost Bridge," illustrates XRP trading within a defined ascending channel, complete with distinct resistance and support zones. According to the analyst, XRP has been undergoing consolidation within a 12-month accumulation range, a period historically known to precede significant price expansions.
The analysis further highlights that this accumulation is occurring above every major candle body since XRP's inception, which the analyst describes as forming a "solid, rigid support zone."
$XRP : Ignore The Noise https://t.co/WI1geeSPY4 https://t.co/beCg7wL7KZ
— ChartNerd 📊 (@ChartNerdTA) November 3, 2025
A Conviction Built on Structure
EGRAG CRYPTO pointed out that the current technical setup mirrors the structural behavior observed in earlier XRP cycles. However, he elaborated that the present market environment is more mature and complex, leading to a slower unfolding of the pattern.
He also noted that traders who continue to short XRP are effectively "fighting the structure itself," citing the repeated validation of support zones within the blue range depicted on the chart. The analysis suggests that XRP's long-term technical structure remains robust despite recent price fluctuations, indicating a potential continuation of the upward trend once the consolidation phase concludes.
The Critical Blue Box Zone
A central element of EGRAG CRYPTO's analysis is the blue box area highlighted on the chart, which he has identified as the key support range for XRP. Addressing the possibility of a price breach below this zone, he stated, "If that ever happens, the entire global financial system will be in deeper trouble than XRP itself."
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The analyst argued that prolonged consolidation often misleads bearish traders, causing them to interpret time-based stagnation as directional weakness. In contrast, his interpretation views this extended phase as essential for structural maturity before XRP resumes its next upward trajectory.
Generational Wealth Perspective
EGRAG CRYPTO concluded his analysis by emphasizing that his focus is on long-term positioning rather than short-term trading. He stated, "I’m here for generational wealth," adding that future price points such as $19.5 and $17 will be viewed as entry opportunities.
XRP was trading at $2.39 at the time of his post. However, the analysis suggests that the asset is approaching the end of its consolidation within the accumulation range. The outlined channel indicates potential for expansion towards higher price levels, contingent on market momentum confirming the established structure.