XRP Could Surge to $21 as EGRAG CRYPTO Highlights Powerful Technical Convergence
Renowned analyst EGRAG CRYPTO projects XRP could surge to $21, citing Linear Regression (Log Scale) and the 'Bent Fork' pattern, an outlook gaining traction among traders for its mix of statistical precision and technical strength.
By applying linear regression on a logarithmic price scale, EGRAG CRYPTO highlights XRP’s long-term trend with reduced noise from short-term volatility. This method reveals regression channels that capture the exponential nature of crypto rallies, suggesting XRP could be poised for multi-fold gains if it continues to respect the trend.
Rather than chasing daily swings, the log-scale regression offers a framework to anticipate where price may gravitate over extended timeframes.
The Bent Fork, an evolution of Fibonacci and pitchfork techniques, adds depth to EGRAG CRYPTO’s analysis by adapting to asymmetric price swings and exposing skewed support or resistance levels that traditional tools overlook.
When its rails align with the log-scale linear regression channel, the convergence forms a high-probability zone for powerful moves. For XRP, this confluence underpins the $21 projection, uniting two distinct yet reinforcing technical frameworks into a single bullish signal.
EGRAG CRYPTO added, “Right now, $2.90 is the mid-point of the Linear Log Channel. We must NOT close below it! As long as we stay above, we’re in a strong bullish setup for XRP.”
Therefore, XRP must maintain its present $2.90 support to prevent deeper losses, with $2.70 emerging as the next critical defense level, according to recent analysis.
Ripple’s Stuart Alderoty Calls Genius Act the Most Transformative Financial Law in a Decade
At the recent Wyoming Blockchain Symposium, Ripple’s Chief Legal Officer Stuart Alderoty made headlines by calling the newly enacted Genius Act “the first truly transformative financial law in over a decade.”
His remarks, highlighted by crypto pundit John Squire, signal the potential for sweeping change in how digital assets intersect with traditional finance.
The Genius Act, introduced earlier this year, is being hailed as a watershed moment in U.S. financial regulation.
By modernizing outdated frameworks, it establishes clearer rules for blockchain innovation, digital assets, and cross-border payments, offering long-awaited clarity to an industry long plagued by regulatory uncertainty. Alderoty’s remarks highlight its potential to reshape the future of finance.
Experts note that the Act tackles three critical areas, regulatory clarity, consumer protection, and innovation enablement. It defines digital assets more precisely, outlines agency responsibilities, and introduces anti-fraud safeguards while preserving innovation. This long-awaited balance addresses a major obstacle for crypto firms and investors who have struggled with unclear rules.
Therefore, Alderoty’s endorsement is significant given Ripple’s central role in one of crypto’s most high-profile legal battles with the SEC.
By calling the Genius Act 'transformative,' he signals its potential to ease regulatory tensions and establish a clearer, fairer framework for blockchain innovation.
Industry observers view the Wyoming Blockchain Symposium as a fitting stage for the announcement, given the state’s reputation as a trailblazer in crypto-friendly regulation. By praising the Genius Act, Alderoty also underscored Wyoming’s outsized role in shaping the national policy dialogue on digital assets.
Conclusion
As John Squire noted, Alderoty’s remarks mark a turning point, after years of legal ambiguity, the Genius Act may finally deliver the clarity the crypto sector has long awaited. If it fulfills its promise, it could reshape global finance for the next decade and beyond.
On the other hand, EGRAG CRYPTO’s $21 projection for XRP highlights the strength of combining Linear Regression (Log Scale) with the Bent Fork. This technical convergence offers traders a structured view of XRP’s long-term potential, balancing opportunity with risk. If favorable market conditions persist and adoption grows, the $21 target could move from speculation to an achievable milestone.
