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EGRAG Crypto, a well-known market technician, has introduced the XRP Guardian Arch, suggesting it could be the portal to double digits.
The analyst highlighted this arc in one of his recent analyses amid XRP’s ongoing recovery effort, with the asset eventually reclaiming $2.3. Recall that analyst The Great Mattsby had previously insisted that until XRP breaks above $3.3, its price action features nothing exciting.
Now, EGRAG has identified what could open the pathway for this excitement. Data from his monthly chart indicates that the Guardian Arch, one of three important curves on the monthly timeframe, is a critical element in XRP’s current price movements.
The Guardian Arch Has Dictated XRP Bull Top Since 2014
Among these three curves, the lowest has served as a formidable support for the asset since 2017. Meanwhile, the Guardian Arch, being the middle curve, has acted as a resistance level. Interestingly, when this resistance is broken, it leads to higher prices.
Notably, the Guardian Arch has served this purpose since 2014. For instance, when XRP soared to $0.02803 in December 2014, the Guardian Arch acted as resistance at this top. With the asset unable to breach the Arch, this marked the top for that cycle.
Also, amid the 2017/2018 explosive run, the Guardian Arch acted as resistance for XRP when the asset reached a peak of $0.3988 in May 2017. This led to a pullback and consolidation. However, after six months, XRP recovered, eventually breaching the Guardian Arch to reach a new all-time high of $3.8 in January 2018.
XRP revisited the Arch in April 2021, when it soared to a high of $1.96. Following the resistance at this level, XRP pulled back and consolidated. However, it failed to revisit the Arch, possibly due to legal pressure from the SEC lawsuit. As a result, the $1.96 level marked XRP’s top for the 2021 bull run.
XRP Eyes $20 to $27 Upon Guardian Arch Breakout
Now, the resistance at the Guardian Arch has played out again. This time, XRP met the Arch at the $3.4 price peak in January 2025. As expected, this has led to a pullback and consolidation like in previous cycles. Interestingly, EGRAG believes XRP will follow the 2017/2018 price action and not the 2021 movement.
If he’s correct, XRP still has another uptrend left in the current bull run. According to EGRAG, the measured move sets a target of $20 for when XRP breaches the Guardian Arch. Nonetheless, his chart highlights the possibility of a higher upsurge to $27, a price level he has consistently advocated for.
Meanwhile, EGRAG is also looking ahead. He suggests the next phase could be harsh for XRP, possibly leading to a massive price plunge.
According to him, the downtrend could resemble the 2021 drop, leading to an 86% decline. Notably, if XRP claimed the $27 level this bull run, then such a drop would lead to the support at $3, aligning with the Guardian Arch.
While he expects XRP to reach double-digit targets such as $20 or $27, the market analyst advised investors not to try to time the market. Instead, he suggested taking profit at strategic levels instead of relying on a single target. Mr. Xoom, another market analyst, also recently suggested this.