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Breaking News: Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg
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Breaking News: Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

XRP Price About To Enter ‘Face-Melting Phase’, And The Target Is $27

Sandra White
Sandra White
Last Updated: March 2, 2026 5:00 pm
3 mins read
XRP

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Recent commentary from crypto analyst Egragcrypto has stirred fresh debate around the XRP price’s long-term trajectory. In a recent X post, the analyst pointed to a potential high-volatility phase ahead, suggesting that even a short-term drop could set the stage for a powerful rally. His chart outlines both risk and opportunity, framing the coming period as decisive for patient investors.

The Meaning Behind The XRP Price ‘Face-Melting Phase’

According to Egragcrypto’s outlook, XRP may be approaching what he describes as a dramatic expansion phase. The analyst emphasized that this stage is unlikely to be comfortable for market participants. He framed the move as one that historically rewards traders who withstand early volatility rather than those seeking immediate confirmation.

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In his view, even if price follows the projected yellow downside path first, such weakness should not be seen purely as bearish. He characterized it as a potential accumulation window that could precede a much larger upside move to $27. He insists that the market may demand endurance before offering meaningful gains.

This perspective aligns with his broader principle that strong returns in crypto markets often follow periods of stress. The analyst stressed that many investors underestimate this dynamic, implying that emotional discipline could become a key differentiator if the projected scenario unfolds. Within this framework, short-term pain is positioned as part of a larger bullish structure rather than a breakdown of the trend.

Chart Structure Points To High-Volatility Setup

The accompanying chart provides the technical backbone for the thesis. XRP is shown trading within a long-term rising structure formed after the major breakout that began around 2017–2018. More recently, price action has compressed inside a large triangular formation, with the upper boundary gradually descending and the lower boundary steadily rising.

XRP price
Source: X

The chart highlights several critical zones. A purple “death zone” sits below the current price, while a clearly marked psychological by support area near the $1.30 region acts as the first key defense. Above, a psychology resistance band around the $3 range caps the recent advance and defines the upper barrier XRP must reclaim.

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Notably, the yellow projected path shows a possible dip back toward support before any sustained breakout attempt. From there, the analyst maps an aggressive expansion phase that extends toward the $27 region. This level sits well above previous cycle highs, signaling the scale of the move being proposed.

The structure suggests that XRP is at a decision point rather than already in breakout mode. Price recently pulled back after testing the upper resistance zone, reinforcing the analyst’s warning that volatility may increase before any major upside confirmation.

Overall, the commentary and chart present a high-risk, high-reward outlook. The projected “face-melting phase” is not portrayed as imminent without turbulence, but as a potential outcome if key supports hold and the broader structure resolves upward. For now, the market appears to be entering the proving ground that the analyst believes will separate patient holders from reactive traders.

XRP price chart from Tradingview.com
Bears pull down price | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com
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Sandra White
Sandra White

Sandra White

My name is Sandra White, a crypto writer at NewsBTC, providing the latest updates on the world of cryptocurrencies. I love listening to music, learning new things, a family-oriented person, I dream of traveling around the world and connecting with nature, experiencing different cultures, and seeing how people around the world live.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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