Crypto analyst Egrag Crypto has posted a fresh technical outlook for XRP on X, suggesting that the asset has reached a decisive point where both buyers and sellersCrypto analyst Egrag Crypto has posted a fresh technical outlook for XRP on X, suggesting that the asset has reached a decisive point where both buyers and sellers

Egrag Crypto Presents XRP’s 2-Week Candle Battle and Likely Trend to Expect

2026/07/07 20:00
3분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 [email protected]으로 연락주시기 바랍니다

Crypto analyst Egrag Crypto has posted a fresh technical outlook for XRP on X, suggesting that the asset has reached a decisive point where both buyers and sellers continue to defend their respective positions.

According to the analyst, the last two two-week (2W) candles reveal a market locked in a struggle, with neither side establishing clear control.

Egrag Crypto explained that XRP is currently trading within what he described as a “major 2W decision zone.” He believes the next two-week candle close could determine whether the cryptocurrency resumes an upward trend or experiences renewed downside pressure.

Upper and Lower Wicks Reveal Strong Resistance and Support

Egrag Crypto based his analysis on the structure of XRP’s two most recent two-week candlesticks, highlighting the significance of both their upper and lower wicks.

He pointed out that the large upper wick shows buyers were able to push XRP higher before sellers stepped in and rejected the advance. According to the analyst, this confirms that several overhead price levels remain difficult to overcome.

He identified $1.40 and $1.65 as important resistance levels while also referencing the blue macro resistance zone displayed on his chart. Egrag Crypto added that the $1.20 candle body resistance has become a critical level that bulls must reclaim if they hope to regain momentum.

The chart illustrates this resistance area while also projecting a potential move toward $1.65 should XRP successfully break above the upper boundary.

On the opposite side, the analyst noted that the large lower wick tells an equally important story. He said bears attempted to drive XRP lower, but buyers entered aggressively and defended the market before prices could fall further.

Egrag Crypto highlighted the $1.00 and $1.05 region as a key support area, adding that the 200-week exponential moving average (EMA) and the lower ascending trendline continue to strengthen this zone. His chart also marks additional downside reference points near $0.96 and the 200 EMA around $0.77.

Key Levels Could Determine XRP’s Next Major Move

Based on this market structure, Egrag Crypto concluded that XRP remains in a period of compression rather than a confirmed bullish or bearish trend.

He stated that a sustained move above $1.20 would indicate that bulls are regaining control, while a break above $1.40 would strengthen the bullish outlook further. According to the analyst, a rally beyond $1.65 would serve as a macro breakout signal and could mark the beginning of a stronger upward move.

Conversely, he advised caution if XRP falls below $1.05, saying that a decline under $0.96 would signal increasing weakness. He also identified the $0.77 to $0.78 range as a danger zone, although he described it as a “generational buy” area for long-term investors.

Summarizing his outlook, Egrag Crypto said XRP is currently neither fully bullish nor fully bearish. Instead, he believes price action is compressing within a well-defined range, making the next two-week candle close especially important. He concluded his analysis by emphasizing that market structure should take precedence over short-term market noise and emotional reactions.

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 Presents XRP’s 2-Week Candle Battle and Likely Trend to Expect appeared first on Times Tabloid.

시장 기회
리플 로고
리플 가격(XRP)
$1.0958
$1.0958$1.0958
-3.03%
USD
리플 (XRP) 실시간 가격 차트

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, [email protected]으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$5M in SPCX Positions for Free

$5M in SPCX Positions for Free$5M in SPCX Positions for Free

0 fees, 100x leverage, daily prizes, 7K+ stocks/ETFs