XRP is currently testing a significant technical level watched closely by crypto analyst EGRAG CRYPTO. On the 3-day chart spanning back to 2019, EGRAG CRYPTO highlights the 100 Exponential Moving Average (EMA) as the primary “Judge” for XRP’s price direction in the current market environment.
The historical playbook: 100 EMA as pivotal support
EGRAG CRYPTO bases his outlook on the repetition of historical cycles. During one of XRP’s previous major corrections, the asset completed an ABC corrective structure lasting 34 bars, or 101 days. Once XRP reclaimed the 100 EMA, held this level, retested, and bounced upward, the analyst identified this move as the confirmation of a cycle bottom.
Currently, XRP’s ongoing correction mirrors this pattern almost precisely, having also lasted 34 bars, or approximately 102 days. The analyst notes the near-identical timing and process between past and present cycles, emphasizing the technical symmetry now in place.
“This 3D chart is giving a very clear message. The 100 EMA played a pivotal role in the previous cycle. When XRP reclaimed it, stayed above, retested, and moved higher, the bottom was confirmed. We are now approaching a similar scenario.”
Mini dictionary: 100 EMA, or 100-period Exponential Moving Average, is a technical analysis tool that gives greater weight to recent prices over a 100 period span, helping traders identify key support and resistance levels in volatile markets.
Key price zone: XRP’s reaction at $1.38
In EGRAG CRYPTO’s current analysis, XRP is interacting with the 100 EMA at a price point of $1.38. This area is marked as the “reaction zone” on the analyst’s chart, where any decisive move could set the direction for the next phase of XRP’s price action.
For a proper confirmation, EGRAG CRYPTO states that he wants to see a 3-day close above the 100 EMA, multiple candles maintaining above, followed by a retest and then a bounce. A single brief touch of the 100 EMA does not count; the analyst insists that the entire sequence must play out to confirm the macro bottom for XRP.
Upside targets and downside risk
Should the confirmation sequence materialize, EGRAG CRYPTO sets a first reclaim target at $2.27, with a further breakout target of $3.85. Achieving this upper level would mark a new all-time high for the digital asset, according to his analysis.
| Scenario | Price Target | Confirmed Sequence |
|---|---|---|
| Bullish breakout | $2.27 (next reclaim) / $3.85 (macro breakout) | 3D close above 100 EMA, hold, retest, bounce |
| Failure to hold 100 EMA | $0.95–$1.00 (possible last macro dip) | 100 EMA not confirmed |
If XRP fails to confirm and loses the 100 EMA support, EGRAG CRYPTO warns that the price could still drop toward the $0.95 to $1.00 range. This zone is labeled as the probable “last macro dip” within the current corrective structure, presenting a potential opportunity for traders who previously missed this price area.
The historical parallel appears strong, and XRP now faces a decisive few days on the 3-day chart as it tests this critical support level.
Ripple, a San Francisco-based technology company, is the creator of the XRP token. XRP is designed to facilitate rapid, low-cost cross-border payments through the XRP Ledger, a decentralized blockchain. The asset’s price is influenced by both technical market factors and ongoing developments within the Ripple ecosystem.
