In his latest chart analysis, crypto market commentator EGRAG CRYPTO (@egragcrypto) cautioned that XRP could face a potential 73% price crash if certain conditions are not met within the coming weeks. According to the chart—dubbed the “Bent Fork” chart—XRP’s price structure is displaying historically consistent patterns that may lead to significant downside if a key threshold is not crossed by March 10.
XRP Price Needs To Clear This Level
The chart spans XRP’s price action from as far back as 2013. It uses several curved and horizontal lines—labeled forks A, B, C, D, and E—that measure and track XRP’s performance over time. One of these lines, identified as Fork C, appears to have historically triggered large corrective moves whenever price has touched or closely approached it.
Past events show four major declines near that level, ranging from 64.35% to as high as 89.59%. According to EGRAG CRYPTO, “Major dumps: We’ve seen significant drops happen 4 times in the past every time the price hits Fork C,” and the average of these drops is around 73%. The analyst says the “Bent Fork” pattern, which highlights these drops, remains an under-discussed yet consistent chart feature.
EGRAG CRYPTO has set a clear objective for XRP to close above the $4 mark on a weekly basis before March 10. He explains that time is of the essence due to a lunar eclipse around March 14, a phenomenon he believes has historically sparked “market dips and dumps.”
He declares, “I know some of you might be thinking, ‘You’re crazy! XRP will never fall that low!’ You Are Dumb, You do not know what is happening and it is coming from a #PERMABULL like me,” underscoring that his warning, though stark, comes from a position of long-term optimism.
He also clarifies that if price can avoid a break below the ascending triangle’s lower support around the one-dollar region, the potential to reach targets of $13–$15 remains intact. “If we can dodge these issues, there’s potential for XRP to shoot up to $13-$15!” he says, noting that the ascending triangle and the higher fork line D represents a possible bullish scenario if the aforementioned key condition is met.
An important technical level on the chart is the $1 level, which is a critical threshold that forms the base of the ascending triangle. On the upside, the $3.90 to $4.00 level serves as a make-or-break zone, while $20 appears further along the fork line D as a potential higher target.
EGRAG CRYPTO concludes, “I’m simply laying the groundwork to help us avoid a downturn by breaking the historical patterns we’ve seen in the past,” and stresses that none of these outcomes are certain, warning readers that “in this game, we deal in probabilities, not certainties. If you continue to seek absolute guarantees, you’ll find yourself on an endless journey.” Nevertheless, he holds firm to the notion that XRP can still shoot to double digits, provided it confirms strength above the $4 region before March 10.
At press time, XRP traded at $2.30.
