Crypto analyst EGRAG CRYPTO has highlighted XRP’s sharp decline since November 4, noting the coin has registered the largest drop among four major cryptocurrencies in the same timeframe. During this period, XRP fell by 23.40%, while Bitcoin dropped 10.37%, Ethereum declined 18.18%, and Solana lost 16.99%.
XRP’s price action and support levels
According to EGRAG CRYPTO, XRP began November 4 trading near $1.36 and has since fallen to $1.04422, reflecting a loss of $0.31365. The analyst points out that XRP now stands in a crucial price stabilization band between $1 and $1.04, with its position just above a key support level at approximately $0.95, as indicated on daily charts from Bitstamp.
EGRAG CRYPTO identifies $1.15 and $1.25 as the immediate levels that bulls must reclaim for a potential recovery. These price levels have not been tested since the recent downturn began. On the latest daily candle, the data recorded an open at $1.09688, a high of $1.10439, and a low of $1.03015, on a reported 15.22 million in trading volume.
The price structure remains weak and trading activity has compressed near established support, increasing concerns about further downside should the level break.
| Asset | Price Change (%) |
|---|---|
| XRP | -23.40% |
| Ethereum (ETH) | -18.18% |
| Solana (SOL) | -16.99% |
| Bitcoin (BTC) | -10.37% |
Mini dictionary: EGRAG CRYPTO is a digital assets analyst known on social media platforms, particularly for sharing technical analysis and market views related to cryptocurrencies like XRP.
XRP currently trades in a fragile stabilization range around $1.04422, just above major support at $0.95. Bulls need to reclaim $1.15 and $1.25 to signal a potential reversal.
Analyst theories behind XRP’s steeper decline
EGRAG CRYPTO provides three probability-based explanations for why XRP has declined more than its peers. He assigns a 30% chance to a “leverage flush,” pointing to liquidation of long positions and weak buying demand fueling the accelerated drop.
A further 20% probability is given to selling activity by “OGs,” or longtime holders, who may be taking profits or moving capital into other digital assets.
The largest probability, at 50%, is attributed to market manipulation. EGRAG CRYPTO describes this as a strategic liquidity hunt intended to “shake out weak hands,” suggesting that larger market actors could be triggering volatility to force retail investors out before a rebound.
The analyst emphasizes that these figures are personal estimates and not definitive facts, but he considers manipulation to be the most plausible explanation for XRP’s recent performance.
EGRAG CRYPTO assesses that strategic manipulation accounts for half the probability behind XRP’s steeper loss, potentially aimed at clearing out retail investors before any turnaround.
Market structure and whale activity
As the decline continues, EGRAG CRYPTO draws attention to the activity of so-called “whales,” or large holders. He suggests that if these whales are buying into the selloff, it could support a more constructive outlook for XRP in the near term. Recently, the number of wallets holding at least one million XRP has reached a new high for 2026.
However, the analyst warns that if these large investors are instead contributing to the selling pressure, XRP’s support around $0.95 could come into question, setting the stage for further volatility.
The wider context shows that although BTC, ETH, and SOL have all posted significant declines since early November, their technical structures have not deteriorated to the same extent as XRP’s. This divergence remains the focus of the manipulation theory advanced by EGRAG CRYPTO.
