HomeCryptocurrencyEgrag Crypto to XRP Holders: Be Prepared for These Two Major Outcomes

Egrag Crypto to XRP Holders: Be Prepared for These Two Major Outcomes

XRP is approaching a key technical decision point as a new two-week trading candle begins.

Crypto analyst Egrag Crypto has urged traders to avoid making premature calls, explaining in a tweet that the market still needs to confirm its next direction.

His latest chart identifies a clear breakout scenario and a downside scenario, with moving averages currently playing an important role in determining which path XRP takes.

XRP Has Yet to Confirm a Breakout

Egrag Crypto shared a two-week XRP/USD chart showing the token trading within a formation that has developed over several years. At the time of the analysis, the chart showed XRP around $1.3422, while the current two-week candle had roughly 12 hours remaining.

Egrag Crypto emphasized that XRP had not confirmed a breakout from the current formation. He wrote, “NO BREAKOUT YET,” while noting that the chart remains clear despite the uncertainty over the next move.

The analyst also identified the Light Blue EMA as an important support level for XRP. He noted that the moving average was “HOLDING #XRP right now.” This puts greater importance on whether XRP can stay above that level as the current two-week candle approaches its close.

If the Light Blue EMA fails to hold, Egrag Crypto identified the Dark Blue EMA as the next logical target. The chart includes both moving averages beneath the current XRP price, giving traders specific technical levels to monitor if selling pressure increases.

Egrag Crypto Outlines Two Scenarios

Rather than predicting which direction XRP will take, Egrag Crypto shared two possible outcomes based on the technical structure.

The bullish scenario requires XRP to break the existing formation and reclaim resistance. Egrag Crypto wrote, “BREAK the formation + reclaim resistance → We know what to do.” A confirmed move through the relevant resistance would therefore provide the technical confirmation he is waiting for.

The alternative scenario involves a failed breakout followed by a loss of EMA support. In that case, Egrag Crypto wrote, “FAIL the breakout + lose EMA support → We know what to do.”

His approach places confirmation ahead of prediction. He explained that he does not need to guess which scenario will occur because the market can confirm through price action.

Market Confirmation Remains the Priority

Egrag Crypto also urged XRP traders to prepare for both outcomes rather than become committed to a single expectation. His message focuses on flexibility as XRP approaches an important point on the two-week chart.

For XRP traders, the focus now remains on the formation, the nearby resistance, and the two EMA levels identified on the chart. A confirmed breakout could change the technical outlook, while a loss of support would provide a different signal. Egrag Crypto’s latest analysis therefore leaves the next move to XRP’s price action rather than making a fixed prediction.

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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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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