Crypto strategist EGRAG CRYPTO warns XRP holders that the next rally may be the ideal exit opportunity amid market panic. He stresses the critical blue support channel and advises emotional discipline to avoid being controlled by the market.
Analyst EGRAG CRYPTO warns that a critical moving average crossover—present at every prior macro bottom—has yet to appear, leaving Bitcoin's bottom technically unconfirmed.
XRP moved back above $1.10 while analysts tracked a falling wedge breakout on the 4-hour chart. At the same time, the monthly RSI slipped into its deepest oversold zone on record, adding attention to a possible reversal setup.
Analyst EGRAG CRYPTO says XRP still follows a macro wave structure backed by Fibonacci analysis, with an initial long-term target of $8 to $12 and an extended range of $17 to $27.
XRP was trading near $1.24, caught between $1.21 support and $1.28 resistance. Analysts say a hold above $1.28 would improve the short-term setup, while a break below $1.21 could expose $1.11.
About $60 million in XRP open interest was wiped out within days, with most of the move reportedly on Bybit. Even as RSI weakened sharply, XRP held near $1.16, keeping focus on whether the market is undergoing a reset rather than a broader structural breakdown.
Analyst EGRAG says XRP’s deep RSI reset has not broken its broader structure. He is watching RSI 44 as the first recovery signal, with 50 and 80 as higher momentum levels to monitor.
Santiment data shows XRP sentiment slipping into FUD territory as bullish and bearish commentary nearly evens out. XRP is trading near $1.35, with $1.30 seen as key support and $1.50 remaining the main upside hurdle.
