XRP Price Eases: Macro Channel Points to Potential $27 Breakout

Despite a 2% decline in XRP’s price, selling pressure appears to be easing. Analyst EGRAG Crypto suggests that a bullish macro pattern may lead to a potential breakout toward $6.5, while a target of $27 might be achievable. Recent market data shows that the token is experiencing lower outflows. The current dip brings XRP down 2% with prices currently hovering around $2.20. While struggling to break free from a tight range, the coin hints at a potential bottom. Analyst EGRAG Crypto highlights this with an ongoing “Macro Channel” pattern ranging from $17-$55. This structure suggests that XRP may soon see a significant price move with potential targets of around $17 in the mid-term and a target of $27 based on historical patterns.