XRP is holding above the $73 billion to $74 billion market cap zone, a level analyst Egrag Crypto views as critical to keeping the post-breakout structure intact. If that framework stays in place, the analyst keeps a $10 target on the table. For now, price is sitting near $1.39, with short-term selling pressure still visible.
Market cap zone remains the key structural test
According to the report, XRP remained above the $73 billion threshold in late April 2026. Egrag Crypto identified the $73 billion-$74 billion area as the level to monitor most closely, noting that it aligns with the Fibonacci 1.0 level. Staying above that zone would suggest ongoing accumulation after the breakout rather than a shift into distribution.
XRP had previously broken out of a multi-year compression phase that lasted from 2018 to 2024, then climbed to a $195 billion level before entering consolidation. In this reading, the current setup is a retest after the breakout. The structure remains intact, but the support cannot be lost.
A break lower could open the way to deeper reset levels
If XRP loses the $73 billion mark, momentum could weaken and push the asset toward a lower ascending trendline. That would point to a deeper reset before any continuation attempt. The report also notes another support area near $46 billion, based on the 0.702 Fibonacci retracement. That level becomes relevant only if broader weakness expands.
Price is trapped in a narrow short-term recovery range
On the price chart, XRP trades at $1.3912 after slipping from the $1.4450 to $1.4500 resistance area, where sellers rejected the latest push higher. After that pullback, the token moved below $1.4200 and $1.4000, and is now trying to stabilize around $1.3900.
That level serves as immediate support. If it fails, downside could extend toward $1.3800. On the upside, resistance remains clustered around $1.4000 and $1.4200, setting the near-term rebound range.
RSI stays weak while MACD shows early improvement
Momentum signals remain soft. The RSI is near 37, which points to weak momentum close to oversold territory, though not yet at exhaustion. In plain terms, pressure is still there.
MACD, though, is starting to show early signs of recovery. The histogram has turned slightly positive, and the two lines are moving closer to a bullish crossover. In the context of the report, that setup suggests the possibility of a short-term bounce if support holds, not a full confirmation of renewed upside.
Egrag Crypto’s main view stays unchanged: as long as XRP holds the broader structure above $73 billion, the current phase can still be treated as consolidation after breakout. Whether expansion resumes depends on those support levels continuing to hold.