XRP is tightening below the $1.65-$1.70 resistance band. Analyst EGRAG Crypto says the ascending triangle setup gives the token a 65% chance of breaking higher, though a failed catalyst could still lead to a false breakout and reversal.
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.
EGRAG Crypto says XRP may not have found its cycle bottom yet and could still revisit the $0.70 to $0.90 range if historical monthly EMA patterns repeat before a broader recovery begins.
Analyst EGRAG says XRP may still fall into the $0.91-$0.85 area before a larger rally begins. He points to a bearish EMA crossover, a falling wedge, and a multi-year triangle that projects a potential $8.50 target if a breakout follows.
