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Markets

Egrag Crypto: The Level XRP Must Surpass for Major Breakout

XRP continues to trade inside a critical consolidation zone, with crypto analyst EGRAG CRYPTO (@egragcrypto) arguing that the market structure points to re-accumulation rather than a trend re

AnonymousCryptoCompass newsroom
May 31, 2026
3 min read
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Egrag Crypto: The Level XRP Must Surpass for Major Breakout
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XRP continues to trade inside a critical consolidation zone, with crypto analyst EGRAG CRYPTO (@egragcrypto) arguing that the market structure points to re-accumulation rather than a trend reversal.

In a recent post, he highlighted what he calls the “blue box,” a range where XRP has spent recent months compressing after its sharp rally earlier in the cycle.

While several monthly candles show notable upper wicks, the analyst believes traders should focus on the overall structure rather than individual rejections. “The real signal is NOT the wicks,” EGRAG CRYPTO wrote, adding that traders should watch “HOW price exits the blue box.”

XRP Consolidates Above Major Support

The chart shows the asset pulling back from its all-time high of $3.65 in 2025 before settling into a narrow trading range around $1.34. A key feature of the chart is the blue box, which marks the current consolidation area. XRP has remained within this zone despite repeated tests from sellers.

At the same time, the price has remained well above the major support area near $0.78, which previously acted as resistance before the late 2024 breakout. EGRAG CRYPTO acknowledged the presence of upper wicks on recent candles but argued that the market has not shown signs of a major breakdown.

Instead, he pointed to tight candle bodies, volatility compression, range holding, and weakening selling momentum as evidence that XRP continues to build structure above support. The chart reflects that view. Since peaking earlier in the cycle, XRP has moved sideways rather than entering a steep decline.

Why $1.80 Remains the Key Level

According to the analyst, the next major signal will come from a decisive move outside the blue box. The chart highlights $1.80 as the primary upside trigger. That level sits above the current consolidation range and near a key resistance area. EGRAG CRYPTO stated that a break above $1.80 would mean the activation of XRP’s expansion phase.

A successful breakout could shift attention toward the higher Fibonacci extension targets shown on the chart. Those levels sit at approximately $5.55, $6.91, and $9.46.

What’s Next for XRP?

For now, XRP remains trapped between support and resistance. A move above $1.80 would signal a break from the current consolidation pattern and could open the door to another expansion phase.

On the downside, EGRAG CRYPTO identified lower support zones around $1.11 and $0.78 if the blue box fails to hold. Until XRP makes a decisive move, the analyst believes the market remains in a re-accumulation stage.

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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