XRP price has been stagnant since late July, hovering between $3.3 and $2.6. The crypto market crash caused a significant drop to $1.77, raising concerns among many investors. However, analyst EGRAG CRYPTO believes the current short-term movements are less important than the long-term picture. He emphasizes that if you’re holding for a decade, the situation is positive. For traders, his technical analysis suggests a potential breakout based on an ongoing Descending Broadening Wedge pattern. EGRAG expects a 57% chance of XRP price going up and a 43% chance of dropping lower. Those in the 43% group might sell now while those in the 57% group could hold and aim higher. Despite experiencing losses on leveraged trades, he believes the long-term structure favors a rebound for XRP. He compared the current cycle to the 2021 bull run, highlighting that XRP has already gained around 1160%, while Bitcoin’s increase was even greater. He further questioned why XRP would underperform its previous growth cycle by over 500%. His projections suggest a possible price ceiling near $5.20 and an upside potential of $9 to $27. EGRAG emphasizes that his long-term outlook hinges on XRP’s performance against other major cryptocurrencies, like Solana’s impressive increase from $8 to nearly $300. He encourages investors to stay the course based on their own long-term goals and not just short-term market fluctuations.