Egrag Crypto to XRP Holders: This Chart Is Super Bullish for Next Major Decision

XRP has slipped back toward a major technical area, but crypto analyst EGRAG CRYPTO (@egragcrypto) believes the larger market structure still favors higher prices.

In a recent post, the analyst shared a long-term chart titled “The Bent Fork” and described the current setup as “MACRO SUPER #BULLISH.”

Rather than focusing on short-term volatility, the analyst highlighted the chart’s structure. The chart shows XRP preparing for a big move, and EGRAG CRYPTO stated, “It is bending before the next major decision.”

Long-Term Support and Resistance

The chart uses XRP’s monthly price action from 2013 through 2029. It includes the 77 EMA in purple and the 111 EMA in cyan, with two upward-curving white resistance arcs and a larger cyan arc above them.

According to the chart, XRP recently pulled back to the area around the 111 EMA after reaching its peak of $3.65 earlier in the cycle. A highlighted support zone sits near $0.85, while XRP traded around $1.05 at the time of his analysis.

Is XRP Repeating History

Several white circles mark previous tests of the moving averages during earlier market cycles. Those tests often preceded strong advances. Yellow circles identify local highs where XRP reached the upper curved resistance before retracing.

The latest move places XRP near the lower side of the technical structure after failing to hold above the upper resistance curve. The chart suggests this area could serve as another foundation if historical behavior repeats.

Next Levels on XRP’s Path

The chart identifies $1.65 as the first level above the current price. That marker aligns with the lower white resistance curve, making it an important area if XRP resumes its advance.

Above that, the upper white curve intersects near the previous cycle highs around the $3 to $4 region. The larger cyan arc continues rising toward a long-term target marked at $15.

Long-Term Trend Remains the Focus

The analyst emphasized that market structure matters more than short-term noise. The chart presents XRP as remaining within a long-term upward structure despite its recent decline from local highs. The placement above the longer-term moving averages keeps the macro trend intact.

If XRP holds above the highlighted support region, the chart suggests attention could shift back toward $1.65 and then the higher curved resistance levels. A sustained move through those areas would put focus on $15, as shown on the chart.

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.

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