Crypto analyst EGRAG Crypto has published a new long-term technical outlook for XRP, explaining that the asset may have already established its macro bottom.
In a post on X accompanied by a detailed two-week chart, the analyst pointed to a rare alignment of long-term moving averages that he believes has historically appeared before significant upward expansions.
The analysis centers on XRP’s two-week timeframe, where EGRAG highlighted an unusual compression of the 50 Exponential Moving Average (EMA), 100 EMA, and 144 Weighted Moving Average (WMA). According to him, this is the first time these three moving averages have converged during a major consolidation phase.
EGRAG stated that previous instances of this type of compression occurred only after XRP had already formed its macro bottom, shortly before beginning substantial price advances. While he acknowledged that history does not always repeat itself, he suggested that the current structure resembles those earlier market conditions.
#XRP – 2-Week Time Frame: Has the Bottom Already Been Printed?
One observation caught my attention…
👉For the first time, the 50 EMA, 100 EMA, and 144 WMA are compressing together during a major consolidation.👉Historically, this type of compression has occurred after the… pic.twitter.com/o7lqaKJYSE
— EGRAG CRYPTO (@egragcrypto) July 11, 2026
Analyst Outlines Expected Price Structure
Based on his primary scenario, EGRAG believes XRP’s lowest point in the current cycle may already be behind it. However, he does not expect the market to move directly into a sustained rally.
Instead, he outlined a sequence of technical developments that he believes would strengthen the bullish outlook. The first step would be a rebound toward the 50 EMA, which he estimates is located around the $1.60 level. He then expects that move to be followed by a rejection before XRP revisits the Fibonacci retracement region between the 0.618 and 0.50 levels.
According to the analyst, such a retest would represent the critical accumulation zone for long-term investors. He argued that this price action would complete a double-bottom structure with a lower low, providing the technical foundation for the next macro advance.
The accompanying chart illustrates this scenario, showing XRP consolidating within a large symmetrical triangle before a projected breakout. The image also identifies the key moving averages converging beneath the current price while highlighting Fibonacci retracement and extension levels that serve as future reference points.
Fibonacci Extensions Point to Higher Price Targets
EGRAG also shared several upside projections if XRP follows a price expansion comparable to previous market cycles. His conservative measured move places the cryptocurrency between $5.00 and $6.50.
He added that Fibonacci extension levels present more ambitious targets. Under this framework, the 1.272 extension projects XRP near $9, the 1.414 extension points to approximately $15, and the 1.618 extension suggests a potential move toward $31.
Despite outlining these targets, EGRAG emphasized that no outcome is guaranteed. He maintained that the most significant signal is not the price target itself but the compression of the long-term moving averages, which he believes indicates that a substantial market move is approaching.
He concluded that the remaining question is whether the current consolidation represents XRP’s final accumulation phase before another major expansion, encouraging traders to focus on market structure rather than short-term market noise or personal opinions.
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.
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