Egrag Crypto Releases XRP Weekly Structure Breakdown and Price Targets

Crypto analyst EGRAG CRYPTO has presented a detailed weekly structure analysis of XRP, emphasizing that the asset remains confined within a white descending channel on the higher timeframe. According to his assessment, the current price behavior reflects corrective momentum rather than impulsive strength. He maintains that as long as XRP continues trading inside this channel, the prevailing structure should be interpreted as distribution rather than a confirmed breakout. The chart accompanying his commentary illustrates a well-defined downward-sloping channel, with price repeatedly respecting both upper and lower boundaries. The structure suggests that any upward movements within the channel should be viewed cautiously unless specific resistance levels are reclaimed on a weekly closing basis. His analysis centers on clearly defined bullish flip levels and bearish continuation scenarios that could determine the next multi-month move. #XRP – Weekly Structure Breakdown: We’re still inside the white descending channel. Momentum is corrective , not impulsive. As long as we remain inside this channel, this is distribution… not breakout. Bullish Flip Levels: First trigger: $1.55. Reclaiming this weakens… pic.twitter.com/RPV4R8xXdh — EGRAG CRYPTO (@egragcrypto) March 3, 2026 Bullish Flip Levels and Invalidation Points EGRAG identifies $1.55 as the first critical trigger level. A reclaim of this zone, particularly on a strong weekly close, would weaken what he describes as the “red trajectory,” referring to a projected bearish path drawn on his chart. However, he stresses that a more decisive level is at $2.20. A weekly close above $2.20 would, in his setup, invalidate the descending structure entirely. He states that such a move would break the bearish thesis and activate bullish continuation. Above $2.20, he projects a pathway toward the $2.70 to $3.60 range, which he associates with the potential for a new all-time high. This level is described as the macro line in the sand separating expansion from continued correction. He underscores that structure, not emotion, should guide interpretation, indicating that confirmation through price action is essential before adopting a bullish stance. Bearish Scenario and Deeper Sweep Probabilities On the downside, EGRAG outlines a scenario in which XRP faces rejection below $1.55. In that case, he anticipates a relief bounce followed by a lower high, leading to a gradual drift toward $1.26. Beyond that level, he highlights the possibility of a sweep into the $0.95 to $0.85 macro support zone. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Importantly, he characterizes such a move not as a collapse but as a controlled higher-timeframe reset. Nevertheless, he warns that a breakdown below $0.85 would significantly weaken the broader structure, even though he also labels $0.85 as a macro cycle bottom target. In terms of probability, he assigns a 55–65% likelihood to a deeper sweep scenario, compared to a 35–45% chance of an early breakout reclaim. He concludes that the next decisive breakout, either upward or downward, will determine XRP’s direction for the coming months. Adding to the discussion, X user ChartNerd commented that a relief rally toward $1.80 to $2.00 in March or April could clarify whether a move toward $0.80 or even $0.70 remains viable. His perspective aligns with the importance of observing how the price reacts near the outlined resistance levels before confirming either scenario. For now, EGRAG’s analysis places clear emphasis on the $1.55 and $2.20 thresholds above, and the $0.85 macro support below, as the defining boundaries for XRP’s next structural phase. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Egrag Crypto Releases XRP Weekly Structure Breakdown and Price Targets appeared first on Times Tabloid .