NewsCryptoTop Analyst Egrag Crypto Maps XRP Retest From $1.40 Toward $1.20 Zone

Top Analyst Egrag Crypto Maps XRP Retest From $1.40 Toward $1.20 Zone

Author: Cryptofrontnews·

Key Takeaways

  • Egrag Crypto identifies $1.15-$1.20 as the main structural retest area for XRP, aligned with major horizontal support and his tracker's projected path.
  • A full weekly close above $1.65 would change the setup, with $1.80 as the next upside checkpoint if XRP reclaims $1.65 with strength.
  • XRP's 300-week moving average sits near $1.03, and a drop to $1.00-$1.10 would not automatically invalidate the structure.
  • Egrag's longer-term roadmap lists targets of $15, $27, and $50, with $2.00-$2.80 marked as structural resistance.
  • The analyst cautions that technical analysis cannot predict whether legislative or news catalysts, such as the Clarity Act, will trigger a retest.
Top Analyst Egrag Crypto Maps XRP Retest From $1.40 Toward $1.20 Zone

XRP is approaching a retest zone that analyst Egrag Crypto has linked to the token's short-term tracker. Egrag Crypto is a widely followed technical analyst on X known primarily for long-term XRP chart analysis and cycle-based roadmaps. According to Egrag, $1.15-$1.20 remains the main structural retest area, while a weekly close above $1.65 would change the setup. He also places XRP's 300-week moving average near $1.03, with $1.00-$1.10 identified as another retest range. (Source post)

Short-Term Tracker Sets Key Levels

Egrag said the first segment of his hand-drawn tracker has closely followed its projected path. The tracker now points toward the $1.40 area before a potential move into the lower retest zone.

The $1.15-$1.20 range includes major horizontal support and the lower edge of the current structure. It also matches the tracker's projected retest area and a level Egrag identifies for buyers to defend. However, Egrag said a full weekly body close above $1.65 would alter that path.

Under that condition, he would reassess the breakout before considering whether buying higher makes sense. The tracker then maps a recovery attempt toward the $1.63-$1.65 range. If XRP reclaims $1.65 with strength, Egrag places $1.80 as the next major upside checkpoint.

300-Week MA Adds a Wider Retest Range

Egrag also compared XRP's current position with previous cycles using the 300-week moving average. Long-period moving averages such as this one are commonly used by analysts as trend filters, with retests of them often treated as tests of a multi-year trend rather than short-term noise. He said the sequence historically involved a reclaim, a retest, a fear or news catalyst, a structural hold, and later expansion.

The 300-week moving average currently sits near $1.03 and continues to rise, according to Egrag. Therefore, a return toward $1.00-$1.10 would not automatically invalidate the structure, he said.

Instead, he is watching whether XRP revisits that range, trades around it, and then reclaims the moving average. Egrag identifies that sequence as the macro confirmation he is waiting for.

Key Reclaims Define the Roadmap

Beyond the moving average, Egrag places $1.65 as the first reclaim level. He then identifies $2.00-$2.80 as structural resistance before the larger channel opens.

His longer-term roadmap lists targets of $15, $27, and $50, with those levels rising over time. However, Egrag said technical analysis cannot predict whether the Clarity Act or a headline causes a retest. The Clarity Act is proposed U.S. legislation aimed at clarifying how digital assets are regulated and which agency oversees them, and it has been a recurring topic in crypto market commentary. His point underscores a broader limitation of chart-based frameworks: legislative or news-driven catalysts can override technical levels regardless of how a roadmap is drawn.

For the current setup, he tracks three levels in sequence: the 300-week moving average, $1.65, and the $2-$3 area. Each level has a role in his stated XRP roadmap.