Egrag Crypto Spots Largest XRP Bear Trap Before Next Major Expansion

A tightening structure on the XRP chart is drawing focus as price action approaches a critical point. The latest analysis from EGRAG CRYPTO (@egragcrypto) points to a setup that could define the next major move, with volatility compressing and key levels coming into play. The chart shows XRP trading within a long-term ascending channel , guided by clearly defined macro trendlines. Its price continues to respect the lower boundary, tagged the “White MACRO Line,” which has acted as consistent support through multiple cycles. Each retest has produced higher lows, reinforcing the broader uptrend. At the same time, XRP now trades within a narrowing range. This compression aligns with a falling wedge formation near the upper portion of the channel. The structure suggests a buildup of pressure as the price approaches a decision point. #XRP – Formation Speaks: The market is setting up what could be the largest bear trap before the next major expansion in #XRP . Compression is mature. Structure is tight. This is where weak hands get shaken before momentum flips. Invalidation: A decisive close above $1.80 with… pic.twitter.com/BH4w5Ugdkg — EGRAG CRYPTO (@egragcrypto) May 1, 2026 Bear Trap Setup Takes Shape EGRAG CRYPTO describes the current structure as “the largest bear trap before the next major expansion.” The chart highlights a projected move in which the price briefly breaks downward before reversing sharply higher. A move below support could trigger stop losses and shake out weaker positions. The chart clearly labels this bear trap, with a projected drop toward the $0.9 region . This area aligns with prior support and sits near the lower boundary of the wedge. Following that move, the chart outlines a sharp reversal. The projected path shows XRP quickly reclaiming higher levels, targeting Fibonacci extensions above the current range. Key Invalidation Level at $1.8 The setup remains conditional. EGRAG CRYPTO clearly defines the invalidation point. He argues that a decisive close above $1.8 after a breakout of the falling wedge will shift the structure. This level sits near the upper boundary of the wedge and represents immediate resistance. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A breakout above $1.8 would signal strength. In that case, XRP could move directly toward higher targets without the projected dip. Until that level breaks, the compression structure remains intact. Macro Structure Supports Expansion The broader chart context adds weight to the setup. XRP has remained within the ascending channel for years, with each cycle producing higher highs and higher lows. The current range sits mid-channel, after its price retraced from its all-time high last year . This leaves room for expansion toward the upper boundary. Fibonacci extensions plotted on the chart suggest potential upside targets once momentum shifts, with the highest targets at $13.9 and $40.7. XRP is on the verge of a massive move, and investors will be watching for a breakout from the falling wedge. 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 Spots Largest XRP Bear Trap Before Next Major Expansion appeared first on Times Tabloid .