XRP trading activity gained momentum after a technical update signaled a developing high-probability setup. Market participants redirected attention toward structure and momentum instead of short-term fluctuations.
Early reactions followed a detailed chart shared by analyst EGRAG CRYPTO. According to the analyst, XRP continues respecting a long-standing Gaussian Channel used to track trend strength. Notably, price action remains above the Gaussian mid-range. That positioning historically supports continuation phases rather than breakdowns. Consequently, traders interpret the structure as constructive during consolidation.
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Moreover, XRP continues trading near the upper boundary of the Gaussian Channel. This behavior often reflects sustained demand during trending conditions. Hence, market discussions now center on timing rather than direction. Additionally, a key horizontal level on the chart has shifted roles. Former resistance now acts as support after the breakout. This change strengthens confidence in the broader structure.
According to EGRAG CRYPTO, two bullish scenarios dominate expectations. One scenario points to continued upside without a meaningful pullback. This path carries a 45% probability. However, the analyst also outlined a second scenario with nearly equal weight. XRP may retest the reclaimed support zone before advancing. This outcome holds a 40% probability.
Importantly, a third scenario remains on the table with lower odds. A deeper consolidation could emerge if support fails. That possibility carries a 15% probability.
Beyond price levels, the analysis highlighted trader psychology. XRP shows consolidation within strength rather than distribution. Consequently, short-term volatility tests patience more than conviction. Furthermore, historical patterns embedded within the chart show similar phases preceding expansions. Volatility compression often appeared before renewed upside momentum. This context continues shaping trader expectations.
From a broader perspective, XRP remains aligned with trend-following conditions. As long as price holds above support, bullish bias dominates technical picture. Meanwhile, traders continue monitoring the support area as a validation zone. Any sustained loss below it would alter the current outlook. Until then, structure favors continuity.
XRP remains technically positioned for a potential next move as traders react to a high-probability setup. According to EGRAG CRYPTO, patience and discipline remain essential while consolidation unfolds within an ongoing uptrend.
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The post XRP Traders React as Top Analyst Flags High-Probability Setup for Next Price Move appeared first on 36Crypto.


