HomeMarket NewsXRP

EGRAG Says XRP’s ‘Bent Fork’ Structure Keeps $15 Macro Target in Focus

EGRAG Says XRP’s ‘Bent Fork’ Structure Keeps $15 Macro Target in Focus

  • EGRAG says XRP still follows a long-term bullish “Bent Fork” structure.
  • XRP continues holding above the 77 EMA and 111 EMA support levels.
  • The analyst maintains that the macro structure still supports a $15 target.

Crypto analyst EGRAG Crypto has unveiled a long-term XRP chart that suggests the asset remains on a bullish path. According to EGRAG, XRP continues respecting a macro pattern known as the “Bent Fork,” keeping a possible $15 target within view over the longer term.


The chart shifts attention away from short-term price fluctuations and highlights the broader market structure instead. EGRAG argued that XRP has continued following the same technical roadmap that defined previous market cycles. Consequently, he believes the current consolidation fits within a larger bullish trend rather than signaling weakness.


His latest analysis also suggests that investors should monitor structural support instead of reacting to daily volatility. According to EGRAG, market participants often panic when prices slow down. However, experienced traders watch whether long-term support levels continue holding.


Also Read: Shiba Inu Bearish Pressure Weakens as On-Chain Data Points to Seller Exhaustion


Historical market structure continues supporting XRP’s long-term trend

The chart identifies the 77 EMA and the 111 EMA as XRP’s primary long-term support indicators. Throughout previous cycles, XRP repeatedly corrected toward these moving averages before launching substantial recoveries.


Additionally, EGRAG highlighted several historical turning points where XRP successfully defended these support levels. Those moments later developed into significant rallies that carried the asset toward new cycle highs.


The analysis also illustrates how XRP has respected a series of curved support boundaries over several years. According to EGRAG, those boundaries form the “Bent Fork” structure that continues guiding price movement across multiple market cycles.


Moreover, the chart marks several previous cycle tops and bottoms with highlighted circles. These areas represent periods where XRP either completed a correction or resumed its long-term upward trend.


Current price action remains above both long-term moving averages despite months of consolidation. As a result, EGRAG believes the broader technical structure remains intact and continues favoring higher prices over time.


Analyst maintains $15 target while key resistance remains ahead

Although the long-term outlook remains constructive, the chart also identifies important resistance before XRP can extend higher. EGRAG pointed to resistance zones around $1.45 and $1.65 as areas that could challenge buyers during the next advance.


Beyond those levels, the upper boundary of the curved structure projects toward the $15 region. According to EGRAG, that figure represents a long-term macro objective instead of an immediate price forecast.


The analyst also accompanied the chart with a message encouraging investors to ignore short-term market noise. He stated that price may bend without breaking the overall structure. Furthermore, he argued that long-term market participants recognize the difference between temporary weakness and structural failure.


EGRAG described the current setup as “macro super bullish,” maintaining that XRP continues following a familiar historical pattern. He suggested previous cycles produced similar consolidations before stronger advances eventually developed.


Conclusion


XRP remains below several important resistance levels, yet EGRAG believes its broader market structure has not changed. According to his analysis, continued support above the 77 EMA and 111 EMA preserves the “Bent Fork” pattern and keeps the long-term $15 projection alive if historical trends continue unfolding.


Also Read: AI vs Human Crypto Traders in 2026: Who’s Making More Money?