XRP has closed 11 consecutive red candles on the 3-day Heikin Ashi chart. That streak is now drawing attention from crypto analyst Egrag Crypto, who sees a potential reversal forming and has laid out a full trading roadmap in response.
Egrag Crypto flagged the development on X, noting that “the 3-Day Heikin Ashi Candle Chart is showing a potential TURNING POINT.” The analyst says a first green candle may be in the process of forming, which would mark the end of the prolonged red sequence.
Why the Heikin Ashi Chart Matters Here
Heikin Ashi candles are a modified candlestick type that filters out short-term noise by averaging price data. Traders use them to identify trend direction more cleanly than standard candlesticks allow. Eleven consecutive red Heikin Ashi candles indicates sustained selling pressure over a significant period on the 3-day timeframe.
Egrag Crypto is using this chart alongside a comparison to the 2017-2018 XRP price fractal, citing structural similarities between that period and current price action.
#XRP – 11 RED 🔴 CANDLES! THE GREEN 🟢REVERSAL IS COMING?
The 3-DAY Heikin Ashi Candle Chart is showing a potential TURNING POINT! 👀
✅ 11 consecutive RED candles!
✅ First GREEN candle potentially forming!
✅ 2017–2018 fractal showing similarities!MY ROADMAP:
🟢 PUMP:… pic.twitter.com/C0ipsAHA1c— EGRAG CRYPTO (@egragcrypto) October 28, 2026
The Roadmap: Pump, Dump, Then a Macro Setup
Egrag Crypto’s roadmap outlines three stages. The first is a pump targeting $1.48 to $1.50. The second is a potential dump, with a retest of either the $1.13 to $1.16 zone or the $1.05 to $1.07 range.
The third stage is what the analyst calls a “PUMPLOSION,” describing a potential second macro double bottom that could create what he calls a “GENERATIONAL BUYING OPPORTUNITY.”
The analyst is currently trading the range between these levels and offering subscribers access to copy his trades.
One Condition Still Needs to Be Met
Egrag Crypto is clear that the green reversal signal is not yet confirmed. He states that “a confirmed green 3-day close is still needed” before the setup becomes valid. The potential green candle is still forming at the time of the post, meaning the pattern could still shift before the current 3-day period closes.
The current XRP price shown on the chart sits at $1.3305, with the analyst watching the $1.2600 and $1.0700 levels as key support markers below.
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
