XRP could be closer to a historically important phase if the latest analysis from crypto analyst Egrag Crypto proves accurate.
Egrag Crypto tweeted that XRP is nearing a potential retest of its 300-week moving average (MA), an important level for determining whether the cryptocurrency can maintain its broader bullish structure.
The analyst’s chart places the 300-week MA at approximately $1.03 and shows the level continuing to rise over time. According to Egrag, a move toward the $1.00-$1.10 region would not necessarily be bearish. Instead, he believes the decline could provide an important technical test before XRP resumes its upward movement.
#XRP – The CHASM & 300W MA ♾🔥:
If you ask me where #XRP is compared with previous cycles, I believe we are very close to the 300-week MA retest phase.
Historically, the sequence looked like this:
👉Penetrate/Reclaim 300W MA → Retest → Fear/News Catalyst → Hold Structure… pic.twitter.com/JIAEPnFZ00— EGRAG CRYPTO (@egragcrypto) August 29, 2026
Egrag Crypto Highlights the 300-Week MA Retest
Egrag explained that previous XRP market cycles followed a similar sequence involving the 300-week MA. His analysis points to an initial penetration or reclaim of the moving average, followed by a retest. He then expects market fear or a major news catalyst, followed by a period in which the structure holds before the market begins moving higher.
Based on his chart, Egrag believes XRP may currently be approaching the retest portion of that sequence. He said if XRP revisits the $1.00-$1.10 area, trades around it, and subsequently reclaims the 300-week MA, it could provide the macro confirmation he is waiting for.
The chart attached to his post highlights the 300-week MA in magenta and places XRP within a long-term ascending channel. Egrag also identifies several price levels that he believes could become important if the moving-average structure remains intact.
$1.65 and $2-$2.80 Become Key Levels
Following a successful defense and reclaim of the 300-week MA, Egrag sees $1.65 as the first major level that XRP would need to reclaim. He then identifies the $2.00-$2.80 region as structural resistance.
The analyst argues that reclaiming these levels would further confirm that XRP is entering the next phase of its longer-term market structure. His chart suggests that a sustained move beyond the $2-$3 range could lead to a broader expansion within the ascending channel.
Egrag also emphasized that his projected targets increase over time rather than remaining fixed at one level. His long-term roadmap highlights potential targets of $15, $27, and eventually $50.
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News Could Influence the Retest
Egrag also addressed the possibility of major news contributing to volatility during the potential retest. He specifically mentioned the Clarity Act or another significant headline as possible catalysts that could create short-term fear and price pressure.
However, he stressed that technical analysis cannot predict which news event will occur. Instead, the chart can help identify the price levels where such developments could become significant.
For Egrag, the key consideration remains XRP’s market structure.
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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