XRP is trading at $1.2482, locked between two moving averages that crypto analyst EGRAG CRYPTO (@egragcrypto) says define the current macro setup. The 33 MA sits above price as dynamic resist
XRP is trading at $1.2482, locked between two moving averages that crypto analyst EGRAG CRYPTO (@egragcrypto) says define the current macro setup. The 33 MA sits above price as dynamic resistance. The 77 MA holds below as macro support.
The analyst believes the range between these two levels is where XRP builds before its next major move. He sees this is the setup for a generational upside. Describing the current phase, he wrote: “We could continue ranging between these two until the BIG breakout!”
The $1.65 Level
The analyst identifies $1.65 as the number that changes everything. Notably, he has previously identified $1.65 as a crucial macro gate. A convincing monthly close above that level, in his view, opens the door to his macro price targets. He calls it the magic number.
The chart shows a horizontal resistance band around $1.61 that has held price back across multiple cycles. Two ascending trendlines run through XRP’s full history, but the asset has largely detached from them. The focus now sits entirely on that $1.61-$1.65 zone as the line between consolidation and expansion.
The Macro Targets
EGRAG CRYPTO’s targets beyond $1.65 are $8, $13, and $30. He projects XRP moving through each level sequentially. From current price, those targets represent potential gains of approximately 541%, 942%, and 2,304% respectively.
He does not attach specific dates to those targets beyond their placement on the monthly chart, which extends to 2033.
Positioning Over Price Chasing
The core of EGRAG CRYPTO’s message is about timing relative to structure. He warns against reacting to short-term volatility. He explained that tracking the predicted generational upside is not about chasing candles. It’s about positioning before the expansion.
He sees the current range as an opportunity rather than a reason for concern. The compression between the 33 MA and 77 MA, in his analysis, is the setup itself.
The Structure
EGRAG CRYPTO keeps his technical argument concise. His entire macro case rests on a monthly close above $1.65. This move would confirm the breakout and activate his $8, $13, and $30 targets in sequence.
XRP opened October at $1.4887, coming off the surge to $1.65 in late September. It has since pulled back to $1.2482. That keeps the price below the $1.61 resistance level and above the 77 MA support. EGRAG CRYPTO sees this position as the window before expansion, not a sign of weakness.
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