EGRAG CRYPTO Maps XRP’s Long-Term Chart Target at $13.6885

Crypto analyst EGRAG CRYPTO’s three-week XRP (XRP) chart places a $13.6885 level atop a pattern traced to 2013, extending a market view built around two earlier cycles.

EGRAG CRYPTO describes one earlier formation as spanning 2018 to 2021, before XRP reached $1.96. The next pattern preceded a 500% climb from $0.50 to above $3. The analyst places current chart action near the base of a possible third cycle.

The chart’s Fibonacci extension marks begin at $0.9835 and step through $1.63, $1.90, $2.47, $3.67, $5.25 and $8.28 before the final level at $13.6885. EGRAG CRYPTO labels the top as a 2.0 extension. An upward trendline connects cycle lows, while the 21-period and 100-period exponential moving averages trend higher.

In an Oct. 30 post on X, EGRAG CRYPTO contrasted doubts about XRP reaching $13 with an allegation that North Korea’s Lazarus Group accessed a Binance developer’s laptop. The analyst used the comparison to challenge readers over which claim they found more believable.