The XRP daily chart has been punishing. After weeks of grinding price action, the asset sits near levels that are starting to draw serious attention from analysts tracking its structure.
EGRAG CRYPTO (@egragcrypto), a widely followed crypto analyst, has published a detailed breakdown of where XRP stands and what comes next.
The analyst opens with an acknowledgment of the negative market conditions. “I know how exhausting this market is,” the analyst wrote.
#XRP – THE HARDEST PART IS BEHIND US:
🟣I know how exhausting this market is. When another cent down feels unbearable, I want to see how price reacts at support.
🟣Daily RSI is back in the low 20s, near the June selloff reading. That gives me reason to watch for a bounce. My… pic.twitter.com/Lo9fxA5w66
— EGRAG CRYPTO (@egragcrypto) November 13, 2026
RSI Signals a Familiar Setup
The daily RSI has returned to the low 20s. This reading is deeply oversold, and the analyst notes this reading is “near the June selloff reading,” a level that preceded a significant rally earlier in 2026. The analyst identifies this as a reason to watch for a bounce, while making clear the more important question is what happens after one develops.
The Bounce Levels to Watch
EGRAG CRYPTO sets the initial bounce targets at $1.09-$1.11, followed by $1.15-$1.16. A move above $1.20 opens the path toward $1.25-$1.30. These reaction levels the analyst will use to assess whether buyers are stepping in with conviction.
The Downside Scenario
If the bounce fails, EGRAG CRYPTO’s first level is $0.973. Below that, the analyst is watching for a deeper sweep into the $0.93-$0.96 range, followed by a quick reclaim of $1. The chart marks a Fair Value Gap in this area, which aligns with the support structure EGRAG CRYPTO references. A sweep and reclaim of $1 is described as “the fractal I’m watching.”
What Confirms Strength
The conditions for a bullish continuation are specific. EGRAG CRYPTO states that reclaiming $1.20-$1.25 and holding it on a retest would confirm strength. From there, the upside levels the analyst has mapped are $1.385, $1.51, and $1.70. The chart projects a bullish resolution toward these targets extending into early 2027.
The Bigger Picture
EGRAG CRYPTO remains “bullish on the monthly cycle. On the daily timeframe, the focus is on buyers defending a higher low after the bounce develops. The Elliott Wave structure on the chart shows a completed corrective sequence, with the projection pointing toward a recovery if key levels hold.
The analysis does not guarantee an outcome. It maps two clear paths and defines the conditions that separate them. For XRP traders watching price compress near $1, EGRAG CRYPTO’s post gives a structured reference for what to monitor in the sessions ahead.
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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