HomeCryptocurrencyEgrag Crypto Presents XRP Bottoming Phase and Next Price Target

Egrag Crypto Presents XRP Bottoming Phase and Next Price Target

XRP may have reached one of the most important stages of its current cycle, according to crypto analyst Egrag Crypto (@egragcrypto).

In a recent post, he described the current XRP price trend as “The Bottoming Phase” and shared a long-term chart suggesting that XRP could complete its correction before beginning a sustained advance.

The analysis also compares XRP’s structure with a Bitcoin fractal that projects a gradual climb toward new highs. The chart places XRP near $1.03 after a prolonged decline from its 2025 peak. The analyst marks the current area as the asset’s bottom, highlighting a support zone around $0.85 to $1.03.

Chart Shows Key Support Zone

Egrag Crypto’s weekly XRP chart follows the projection from 2022 to 2029. It highlights a descending trendline that has capped price action since the July 2025 $3.65 price peak. The chart also labels an earlier breakout above a major horizontal resistance zone near $1.67 to $1.81 before XRP returned to lower levels.

The latest decline has carried XRP back into the highlighted bottom area. A green circle marks the region where EGRAG CRYPTO expects the correction to complete. The analyst also highlighted the Bull Market Support Band (BMSB) near the descending trend line, suggesting a technical trigger before the projected recovery begins.

According to the projection, XRP first reclaims the $1.67 resistance area before advancing through Fibonacci levels near $5.11 and $6.73. The final target sits close to the 1.618 Fibonacci extension at approximately $8.99.

Bitcoin Fractal Supports the Outlook

The right side of the chart includes a Bitcoin fractal that mirrors XRP’s projected path after the bottom forms. Instead of a straight move higher, the fractal shows several periods of consolidation during the advance.

The analyst noted in a reply that XRP’s road will be bumpy, but he believes a few investors will make it through. His chart reflects that view by showing pauses between major rallies before XRP reaches upper targets.

Long-Term Investors Remain the Focus

The analyst also addressed questions about whether XRP could dip below $1. He stated that buying XRP at $1 or even as low as $0.85 won’t make a notable difference for long-term holders. Rather than focusing on small price differences, EGRAG CRYPTO’s analysis centers on the larger trend.

His projection suggests the current area represents the final stage of the correction before XRP attempts to reclaim higher levels at $5.11, $6.73, and ultimately $8.99.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on X, Facebook, Telegram, and  Google News

Tobi Loba
Tobi Loba
Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.
RELATED ARTICLES

Latest News & Articles