Crypto analyst EGRAG Crypto has confirmed that XRP successfully reached its first upside target at $1.1938 after defending the critical $1.14 battleground zone. The move closely followed the technical roadmap the analyst shared days ago, with buyers stepping in near $1.14 to prevent further downside.
XRP Hits $1.1938 Target
According to EGRAG Crypto, the four-hour chart shows a strong recovery from recent lows, with XRP climbing steadily after buyers absorbed selling pressure around $1.14. The analyst had previously stated that holding above the $1.14 zone would likely lead to a move toward $1.1938, while losing support near $1.09 could expose the asset to a deeper decline toward $1.05. Price action validated the bullish scenario.
Attention now shifts to the next key level. EGRAG noted that a clean four-hour close above $1.1938 would strengthen the bullish structure and increase the likelihood of a push toward $1.2600, establishing a higher high on the four-hour timeframe. However, if XRP fails to sustain above $1.1938, the resistance could turn into a rejection zone, forcing price back toward the lower support area around $1.14 before another attempt higher.
$1.1938: The Bull-Bear Line
EGRAG’s updated outlook is straightforward: hold above $1.1938 → bullish continuation toward $1.2600; rejection at resistance → pullback to $1.14; a break below $1.14 would shift focus back to $1.09 and potentially $1.05. The analyst describes $1.1938 as a “make-or-break” threshold where the short-term battle between buyers and sellers will determine XRP’s next major move.
Traders are now watching for a decisive close above $1.1938 on the four-hour chart. If volume supports a breakout, the path to $1.26 could open quickly. Conversely, failure to clear the resistance may lead to a period of consolidation around the current range, with buyers waiting for fresh catalysts.
EGRAG Crypto has a track record of accurately calling XRP’s key turning points, giving his framework weight in the community. The achievement of the first target validates the technical approach, and the market now awaits confirmation on whether $1.1938 will flip into support or remain a ceiling.