XRP has fallen below a level that crypto analyst Egrag Crypto previously expected to hold, but his long-term outlook remains firmly focused on significantly higher prices. In a tweet, Egrag p
XRP has fallen below a level that crypto analyst Egrag Crypto previously expected to hold, but his long-term outlook remains firmly focused on significantly higher prices.
In a tweet, Egrag presented a technical analysis of XRP’s long-term price structure, identifying potential downside levels while maintaining targets of $15, $27, and $50 or higher.
The analyst acknowledged that his earlier $2 expectation serving as macro support did not materialize. XRP has since moved lower and, according to his chart, is now approaching the 100 EMA, which he identifies as an important long-term support level.
XRP Approaches 100 EMA Support
Egrag’s analysis centers on XRP’s position within a long-term ascending channel. His chart shows XRP trading near $1.07, below the 50-day moving average and moving toward the 100 EMA.
He identified the $1.00 to $0.95 range as a potential healthy macro retest if XRP continues to hold the 100 EMA. He also marked $0.80 as the maximum downside level in his current analysis, corresponding with the lower boundary of the long-term channel displayed on his chart.
The analyst’s previous expectation that XRP would maintain $2 as macro support has therefore changed. Rather than treating the failed support level as a reason to abandon his long-term outlook, Egrag shifted his focus on the next major technical levels.
Long-Term XRP Targets Remain Unchanged
Despite the potential for additional downside, Egrag maintained that his long-term XRP targets have not decreased. His chart projects targets of $15, then $27 and eventually $50 or higher as the timeline extends.
He described these targets as levels that rise with time rather than fixed price objectives tied to a specific short-term move. The chart illustrates a projected upward trajectory extending through the coming years, with the $15 target positioned first, followed by $27 and $50.
Egrag also emphasized the importance of patience when assessing long-term investments. He referenced companies such as Amazon, Apple and Google, noting that each experienced periods in which investors had to maintain conviction before seeing substantial gains.
Egrag Focuses on Long-Term Holding
The analyst acknowledged that every investment carries different circumstances, but said markets can test long-term holders before significant advances occur. He suggested that investors with a multi-year horizon may view short-term volatility differently from traders focused on immediate price movements.
Egrag ultimately shifted the focus away from predicting the exact market bottom. His central question was whether XRP investors who identified the token’s potential years earlier would continue holding their positions when the market eventually recognizes the value they anticipated.
For now, his technical outlook identifies $1.00-$0.95 as an important area to monitor, with $0.80 representing the lower level highlighted on his chart. At the same time, Egrag continues to maintain his longer-term XRP targets of $15, $27, and $50 or more.
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