What to know:
- EGRAG Crypto says XRP may revisit lower support before recovery.
- Historical EMA patterns suggest another liquidity sweep remains possible.
- The analyst maintains bullish targets while continuing a dollar-cost averaging strategy.
Crypto analyst EGRAG Crypto has warned that XRP may not have reached its ultimate cycle bottom despite the asset’s recovery from recent lows. In a recent post on X, the analyst pointed to a recurring historical pattern involving XRP’s monthly moving averages, suggesting that another liquidity sweep could occur before the next major expansion phase begins.
Historical XRP Pattern Signals Possible Final Correction
According to EGRAG Crypto, XRP has repeatedly followed a similar structure during previous market cycles. The analyst explained that once XRP loses the 50-month exponential moving average on the monthly chart, price often continues lower until it reaches the 100-month EMA.
His analysis outlines a sequence that has appeared several times in XRP’s history. Momentum begins to weaken, price falls below the 50 EMA, investors capitulate, and the asset eventually gravitates toward the 100 EMA. Thereafter, a new macro expansion phase typically emerges.
EGRAG Crypto believes the current market structure still resembles those earlier formations. XRP surged above $3 during the latest rally but failed to maintain upward momentum. Consequently, the analyst argues that the asset may still be searching for its true long-term bottom.
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The chart shared on X identifies several important technical zones. XRP is currently trading near a support area around $1.10. However, EGRAG Crypto also highlighted a lower range between approximately $0.70 and $0.90. In his view, that region could act as a final liquidity sweep zone if selling pressure persists.
Additionally, the chart projects a path in which XRP declines toward lower support levels before entering a period of consolidation. Such a development would mirror previous cycles and potentially create a stronger foundation for future growth.
Dollar-Cost Averaging Remains Part of Strategy
Despite the possibility of further downside, EGRAG Crypto continues to accumulate XRP through a dollar-cost averaging strategy. He explained that attempting to identify the exact market bottom often prevents investors from building meaningful positions during broader market cycles.
The analyst pointed to several potential entry levels, including $1.09, $0.92, $0.85, and $0.70. He argued that the difference between those prices becomes less significant when viewed against much higher long-term targets.
Moreover, EGRAG Crypto stressed the importance of liquidity management and probability-based decision-making. Rather than focusing on short-term volatility, he prefers to build positions gradually while maintaining a long-term perspective.
Long-Term Targets Remain Unchanged
While the analyst sees room for a deeper correction, his broader outlook remains bullish. The chart outlines potential future targets near $7, $8, $13, and even $27 if XRP completes the current cycle structure and enters a new expansion phase.
Furthermore, the projected recovery path suggests that any final capitulation event could be followed by an extended period of accumulation before a stronger uptrend develops. EGRAG Crypto believes market participants who remain focused on the larger structure may be better positioned to benefit from that potential move.
XRP may still experience one final correction before completing its current market cycle. However, EGRAG Crypto believes such a move would help establish a stronger foundation for the next expansion phase. At the same time, his long-term outlook continues to point toward substantially higher price levels in the years ahead.
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