Crypto analyst Egrag Crypto has released an updated version of his ongoing charting model for XRP “Color Code 2.0,” which comes with refined Fibonacci-based targets and revised Elliott Wave interpretations. This latest analysis, shared publicly through a tweet on May 18, 2025, presents two structured paths, highlighting bullish projections for XRP’s price in the medium to long term. #XRP Color Code Upgraded Version 2.0 (Target: $8-$13 / $18-$27): Many of you remember how many times I updated the #XRP Color Code Chart, and after many moons, I was 100% correct—the breakout was successful! Just check the previous links for reference: 1⃣ Color… pic.twitter.com/XNHleWevlB — EGRAG CRYPTO (@egragcrypto) May 18, 2025 The Color Code chart, which has become a cornerstone of Egrag Crypto’s XRP analysis, is characterized by distinct colored zones: green for bullish price zones, blue for supply zones, yellow for ranging periods, orange for accumulation, and red for demand zones or “Red Flag” areas. According to Egrag, the breakout from the accumulation and ranging zones has occurred successfully, validating the previous Color Code analysis. He claims the structure was repeatedly revised over time and has proved correct. Scenario One: The $8–$13 Price Target In Version 2.0, two major potential wave structures are outlined. The first structure begins with Wave 1 starting in January 2023. This upward impulse concluded with Wave 2 on July 4, 2024, a date Egrag emphasizes due to its significance as U.S. Independence Day. According to the chart, Wave 3, typically the strongest in Elliott Wave theory, ended around January 16, 2025. The correction that followed, Wave 4, is identified as having likely concluded on April 6, 2025. Egrag states that XRP is now in the early phase of Wave 5, which has begun with a sub-wave 1, indicating the start of another bullish leg. In this scenario, the target range for XRP lies between $8 and $13. These price points correspond to various Fibonacci levels highlighted in the chart. Notably, the 2.0 Fibonacci level is around $7.15, 2.272 at approximately $8.75, and the 2.618 level near $11.32. According to the Color Code model, these zones fall within the broader green area on the chart, signaling strong bullish sentiment. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Scenario Two: Long-Term Projection to $27 The second wave structure is a more extended and aggressive bullish projection. Here, Wave 1 is set to begin on July 4, 2024, and Wave 2 is considered to have potentially ended around April 6, 2025. The upcoming Wave 3, which Egrag describes as potentially producing a “blow-off top” or highly impulsive move, is expected to unfold during the summer months, likely peaking around September 2025. A corrective Wave 4 is forecasted to occur in the fourth quarter of 2025. The final Wave 5, described as the strongest cycle, is projected to push XRP toward the $27 price level by the first quarter of 2026. Both scenarios incorporate key Fibonacci extensions, with 3.272 marked at approximately $18.41 and 3.888 reaching as high as $29.10. These targets reflect the full potential of the long-term bullish wave structure if XRP continues to follow the Elliott Wave model presented in the charts. Community Input and Final Observations In his closing remarks, Egrag asks his audience which of the two scenarios they consider more likely, suggesting flexibility in interpreting market developments. The analysis is also accompanied by a standard disclaimer emphasizing that all figures and projections are simulations and should not be considered financial advice. 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 Analyst Unveils XRP Color Code 2.0 with Updated Price Projections appeared first on Times Tabloid .
