XRP’s market dominance is showing strong momentum, with its percentage share of the total cryptocurrency market on the verge of surpassing key historical levels. Crypto analyst EGRAG CRYPTO (@egragcrypto) recently highlighted this trend, emphasizing that XRP is close to closing above the 6% dominance mark, a level last seen in 2021. This threshold aligns with the Fibonacci 0.5 retracement level, which the analyst describes as a critical indicator of a bullish breakout. He suggests that if XRP successfully secures a close above this level, it could lead to an aggressive upward movement toward the Fibonacci 0.888 level, which ranges between 15% and 20% dominance. This potential surge aligns with historical highs from 2015, reinforcing the argument that XRP could enter a phase of significant strength. #XRP Dominance – Exhibiting Tremendous Strength: 1⃣ #XRP dominance is on the verge of closing above the 2021 high of 6%, surpassing Fib 0.5, which I consider a critical level and super #Bullish sign once ti happens. 2⃣ If #XRP dominance successfully closes above Fib 0.5, we… pic.twitter.com/OHvzYjH7dt — EGRAG CRYPTO (@egragcrypto) March 15, 2025 Historical Patterns and Future Targets EGRAG CRYPTO’s analysis highlights historical XRP dominance levels, marking key moments in 2015, 2017, and 2021 as reference points. Each of these years saw significant spikes in market dominance, followed by corrections. The spikes in 2017 and 2021 occurred close to notable price surges, and the current trajectory suggests that the digital asset is exhibiting similar strength, potentially setting up for another rally. A successful close above the 6% mark would signify a departure from previous consolidation phases and could validate XRP’s ability to regain substantial market share. The long-term projection suggests a potential dominance of 31.35%, a figure that would position XRP as a dominant force in the cryptocurrency market. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Can XRP Dominate the Crypto Ecosystem? Beyond technical analysis, XRP’s fundamental role in digital asset transactions and cross-border payments remains a crucial factor in its dominance. As one of the leading protocols for transferring value over the internet, XRP’s utility continues to attract institutional and retail investors. EGRAG CRYPTO reinforced this perspective, stating that achieving “31% dominance is only the beginning,” Ripple is rapidly expanding its global partnerships to improve XRP’s growth and adoption. The Road Ahead While the analysis presents a bullish outlook, market conditions remain a determining factor in XRP’s trajectory. Regulatory developments, overall crypto market trends, and investor sentiment will help shape the asset’s dominance. However, the technical indicators presented in the chart suggest a strong foundation for growth if XRP successfully closes above the 6% threshold. Ripple and the SEC are currently negotiating a settlement to their legal battle, suggesting regulatory hurdles may soon disappear. Major Ripple partners like Bank of America have the infrastructure ready to use crypto payments , and XRP is on the verge of something big. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Dominance Exhibiting Tremendous Strength. Here’s What Is Next appeared first on Times Tabloid .
