- EGRAG Crypto identified $1.05 support while warning XRP has not confirmed a market bottom without stronger bullish technical signals yet.
- Multiple gravestone doji rejections and a triangle breakdown kept the bearish $0.88 target technically possible unless resistance levels are reclaimed.
- Reclaiming $1.11, $1.21, $1.28-$1.30, $1.38, and closing above $1.50-$1.51 would strengthen momentum and confirm a lasting trend reversal for XRP.
Crypto analyst EGRAG Crypto has identified several XRP price levels that could determine whether the cryptocurrency confirms a long-term market bottom or resumes its broader downtrend. According to EGRAG Crypto, XRP has established support near $1.05, although the current structure remains bearish until buyers reclaim multiple resistance zones.
The analyst shared an updated three-day XRP chart on X, explaining that the bearish roadmap outlined months ago has largely unfolded. The chart highlights repeated gravestone doji rejections, a breakdown below a symmetrical triangle, and an extended period of consolidation above the $1.05 support area.
According to EGRAG Crypto, the ongoing sideways movement suggests that selling pressure is easing as buyers gradually absorb available supply. However, he emphasized that holding support alone does not confirm a market bottom. Instead, XRP must produce stronger technical signals before traders can conclude that a sustained recovery has begun.
Meanwhile, the chart shows that the measured downside target near $0.88 remains technically valid if the current support zone fails.
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Analyst outlines price milestones that could change XRP’s market structure
According to EGRAG Crypto, XRP must recover several resistance levels before the broader outlook shifts from bearish to bullish. He identified $1.11 as the first level that would indicate improving market strength. A move above $1.21 would reinforce bullish momentum by demonstrating that buyers are regaining greater control.
Additionally, the analyst highlighted the $1.28 to $1.30 range as an important structural barrier. Recovering that zone would suggest XRP is moving beyond simple consolidation and beginning to rebuild its longer-term trend. Furthermore, a breakout above $1.38 would strengthen the recovery by placing the asset above several previous rejection levels.
According to EGRAG Crypto, the most significant resistance remains between $1.50 and $1.51. He explained that XRP requires a full-bodied three-day candle close above that region before the market can confidently confirm that a bottom has formed. He added that temporary price spikes or long upper wicks would not provide sufficient evidence of a lasting trend reversal.
The chart also illustrates why the bearish outlook remains active. Multiple gravestone doji candles appeared before XRP broke below the symmetrical triangle, signaling repeated selling pressure whenever buyers attempted to push prices higher. That sequence eventually produced the bearish breakdown projected in the original chart.
Consequently, the analyst maintained that losing the current base near $1.05 would strengthen the probability of XRP reaching the projected $0.88 measured move target. Until the major resistance levels are reclaimed, he believes the broader bearish structure remains intact despite signs of stabilization.
Conclusion
According to EGRAG Crypto, XRP has entered a critical technical phase where support near $1.05 is providing stability without confirming a lasting market bottom. Reclaiming successive resistance levels, particularly a full-bodied three-day close above $1.50 to $1.51, remains necessary to invalidate the bearish outlook. Until that confirmation arrives, the possibility of a decline toward $0.88 remains part of the technical picture.
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