After experiencing a volatile week that saw XRP dip below the $3 mark, the token is currently holding near a key resistance area. Traders are closely watching to see whether this pause signals renewed strength or further decline. Crypto analyst EGRAG CRYPTO (@egragcrypto) has shared an updated chart highlighting where XRP might be heading next. This analysis reveals that despite recent volatility pushing XRP down to the $2.8 range, the broader structure remains intact. A major bull run in July pushed XRP’s price past the $3.65 mark before ultimately consolidating near $3 for some time. Now, a decline has shaken confidence amongst many investors who hoped for similar performance to the previous surge. EGRAG CRYPTO’s chart highlights a horizontal white zone between $3 and $3.5 as a critical resistance level that capped XRP’s growth since January. This level remained below until July’s spike, before ultimately failing to sustain momentum above this resistance. The current consolidation phase is not over according to the analysis. 1) XRP’s recent movement has been confined within an ascending channel on the chart. 2) Multiple channels leading upwards point towards higher targets, with XRP consistently oscillating within these boundaries, with major bull market peaks aligning with the upper green bands but staying below this resistance zone. 3) A sustained climb above this level could open a pathway for a price discovery phase and significant growth for the digital asset. The article highlights that XRP’s price target remains steady at $7 to $27. EGRAG CRYPTO notes a potential turning point on September 29, 2025, as a decisive breakout above this resistance is expected to signal a major rally. At the current price of $2.78, XRP has lost almost 7.6% since yesterday’s highs. While this decline discourages some investors, EGRAG CRYPTO confirms that XRP is consolidating. To move forward, XRP needs to firmly establish and hold above the $3 mark first. All investors need to observe for a decisive breakout above this resistance zone as a major rally could begin soon.