Crypto analyst EGRAG Crypto has identified what he calls XRP's macro reset, arguing that the cryptocurrency remains positioned for a potential move toward $30 if key technical levels hold. In his latest analysis published on X, EGRAG Crypto contends that XRP is retesting a multi-year breakout while preserving a bullish macro structure despite its recent pullback.

According to the analyst, XRP previously broke above a symmetrical triangle that had confined its price action for several years. Rather than signaling a failed breakout, the current decline represents a technical retest of that structure — a pattern often watched by technical traders because former resistance can sometimes become support after a breakout. The setup remains conditional, however, with EGRAG's thesis depending on XRP defending the same macro zone that defined the breakout.

Critical Support Zone at $0.85–$0.88

EGRAG identified the $0.85 to $0.88 range as the most important support zone on the monthly chart. This area converges several technical factors: the triangle's lower boundary, the White Bridge trendline, the monthly 111 Exponential Moving Average (EMA), and the projected breakout retest level.

The analyst noted that a temporary wick below this region would not automatically invalidate the bullish structure. However, repeated monthly closes beneath the support zone would significantly weaken the long-term outlook and undermine the breakout thesis. Monthly closes carry added weight in this type of analysis because they filter out short-lived volatility and help define whether a macro level has truly been lost.

According to EGRAG Crypto, the White Bridge has repeatedly acted as a significant macro support level throughout XRP's trading history. Previous market cycles produced brief moves below the trendline before buyers regained control and restored the broader uptrend. The monthly 111 EMA reinforces the same support area, which EGRAG believes could mark the correction's bottom if XRP holds above it.

Meanwhile, the monthly 21 EMA serves as the primary momentum indicator. EGRAG emphasized that reclaiming it — particularly between $1.23 and $1.65 — would indicate that bearish pressure is fading while bullish momentum returns.

Embedded Analysis from EGRAG Crypto

#XRP The Macro Retest Is Here ( $6.4 or $30) : #XRP broke out of a multi-year symmetrical triangle and is now testing whether that breakout can hold.

The most important support zone is: $0.85–$0.88

This region combines: The lower triangle boundary The White Bridge…

— EGRAG CRYPTO (@egragcrypto) July 23, 2026

Roadmap to Higher Targets

EGRAG outlined a step-by-step roadmap for XRP's next major move. The analyst expects the asset to defend the $0.85 to $0.88 support zone before reclaiming $1.23 and breaking above $1.65. From there, XRP would need to overcome resistance between $3.00 and $3.50, as establishing acceptance above that range would confirm the broader breakout and reinforce the long-term bullish structure.

The analyst projected approximately $6.40 as the first measured-move target following breakout confirmation, describing it as the initial expansion objective within the current macro setup. In chart analysis, measured-move targets are derived from the size of a prior formation and remain dependent on confirmation rather than acting as guaranteed outcomes.

EGRAG also outlined a longer-term projection of $30. However, he emphasized that this target depends on XRP establishing sustained acceptance above its previous highs before the full macro measured move becomes technically valid.

According to EGRAG Crypto's analysis, XRP's long-term bullish structure remains intact while the asset holds above the $0.85 to $0.88 support zone. A recovery above the monthly 21 EMA, followed by breaks above $1.23, $1.65, and $3.00 to $3.50, would strengthen the technical case for the projected $6.40 and $30 measured-move targets.