Egrag Crypto counters leading analysts on XRP’s market cycle, asserting that the broader surge is not complete and key support at $2.20 and $1.97 bolsters its bullish stance amid current consolidation.
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Egrag Crypto challenges bearish XRP outlooks, predicting a final macro rally before any downturn based on historical patterns.
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XRP maintains structural integrity above $2.20 and $1.97 supports, preventing a bearish shift during recent price stabilization.
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Since 2021, XRP has formed higher lows, indicating accumulation with potential to retest $3.80–$4.00 by 2026 per chart analysis.
Discover Egrag Crypto’s bold XRP analysis challenging analysts amid ongoing market cycle debates. Key supports hold firm, signaling upside potential—explore insights for informed trading decisions today.
What is Egrag Crypto’s View on the XRP Market Cycle?
Egrag Crypto maintains that the current crypto market cycle for XRP is far from over, emphasizing macro indicators over short-term fluctuations. He argues that risk assets like XRP could experience a significant final surge before any major downturn, urging traders to prioritize data-driven analysis. This perspective contrasts sharply with several prominent analysts, fostering deeper discussion within the XRP community.
How Do Key Support Levels Influence XRP’s Bullish Structure?
Egrag Crypto identifies $2.20 and $1.97 as pivotal support levels that define XRP’s ongoing bullish framework. As long as monthly closes remain above these thresholds, the asset avoids structural breakdown and retains potential for upward momentum. Historical price action reinforces this, with XRP consistently holding these zones during consolidation phases, according to data from major exchanges like Binance and Coinbase.
These levels act as a buffer against downside pressure, allowing XRP to consolidate without losing its higher low pattern established since 2021. For instance, during the 2024 rally, XRP breached long-term resistance above $2.00, solidifying investor accumulation. Egrag stresses that breaching these supports would signal weakness, but current stability points to a retest of $3.00 and beyond.
Expert analysis from platforms like TradingView supports this view, where similar patterns in altcoins have led to 50-100% gains post-consolidation. Egrag’s assessment aligns with broader market sentiment, where macroeconomic rotations—such as shifts from safe-haven assets to cryptocurrencies—could amplify XRP’s trajectory. He cautions, however, that geopolitical events, including U.S.-China trade dynamics, will play a crucial role in confirming this upside.
At a time when analysts remain divided over the current crypto market cycle, Egrag Crypto has presented a sharp counterpoint to popular views on XRP’s movement. In a recent post on X, the market analyst urged traders to focus on macro indicators rather than short-term moves. He argued that the cycle is not yet over and that risk assets, including XRP, could see a final surge before any significant downturn. Egrag emphasized that differing opinions strengthen the XRP community but insisted on separating emotion from analysis. His comments directly addressed analysts like Blockchain Backer, Bobby, and Moon Lambo.
Analysts Diverge on XRP Cycle Outlook
Egrag stated that Blockchain Backer’s previous market calls were inaccurate, citing examples from Bitcoin, the S&P 500, and even gold. He noted that Blockchain Backer sold Bitcoin near $45,000 in 2021 while calling it the cycle top, though prices later reached about $70,000. According to Egrag, this pattern extended across multiple asset classes, including equities and commodities, suggesting a limited view of the broader market cycle. He added that Moon Lambo’s interpretation of XRP’s structure misses key macro elements that define the long-term trajectory.
Transitioning to Bobby’s analysis, Egrag acknowledged their friendship but said Bobby’s focus on small market fluctuations overlooks a coming “macro rotation.” This rotation, he explained, could shift capital from gold into risk-on assets once geopolitical factors such as the potential U.S.–China trade deal unfold. However, he warned that if the deal collapses, global markets could instead move into a broader conflict-driven cycle rather than a simple correction phase. Such insights draw from established financial research, including reports from Bloomberg and Reuters, which highlight how trade policies influence cryptocurrency flows.
The divergence among analysts underscores the complexity of crypto markets. Egrag’s approach incorporates both technical and fundamental analysis, providing a balanced view that appeals to institutional investors. For example, data from Chainalysis indicates that XRP’s on-chain activity has surged 30% year-over-year, supporting accumulation narratives despite volatility.
Key Price Levels for XRP
Egrag highlighted that XRP’s bullish framework remains intact as long as monthly closes stay above $2.20 and $1.97. He questioned where others saw a structural break, noting that these levels represent the dividing line between strength and potential weakness. Maintaining support above these marks could keep XRP positioned for a retest of its $3.00 psychological barrier in upcoming quarters. Volume metrics from exchanges confirm higher buying interest at these supports, preventing deeper corrections.
Long Term Pattern Suggests Cautious Optimism
Historical data shows XRP’s strongest bull phase occurred between 2017 and early 2018, when prices touched highs near $3.80. Since 2021, the asset has been forming higher lows between $0.50 and $1.00, hinting at accumulation. The 2024 breakout above long-term resistance indicated renewed investor confidence. Recent consolidation above $2.00 shows stabilization, while the $2.20–$2.65 range now acts as a decisive zone. Sustained momentum could push XRP toward previous highs near $3.80–$4.00 by 2026, according to the chart’s current movement.
Source: Egrag Crypto
XRP’s price history reflects resilience, with regulatory clarity from Ripple’s SEC case resolution in 2023 boosting adoption. Institutional interest, evidenced by Grayscale’s XRP trust inflows, further supports Egrag’s optimistic long-term outlook. Analysts like those at Messari predict that cross-border payment volumes could drive XRP’s utility, potentially doubling its market cap by 2026 if adoption accelerates.
In the broader context, Egrag’s analysis aligns with macroeconomic trends. Federal Reserve interest rate decisions and global economic recovery play into crypto’s narrative, as seen in 2024’s halving cycle for Bitcoin spilling over to altcoins. XRP’s correlation with these events suggests that a delayed cycle peak could materialize in late 2025, offering traders strategic entry points at current supports.
Frequently Asked Questions
Is XRP Still in a Bull Market Cycle According to Egrag Crypto?
Egrag Crypto affirms that XRP remains in a bull market cycle, with macro indicators pointing to a final surge before peak. He disputes early top calls, citing historical inaccuracies in analyst predictions and XRP’s unbroken higher lows since 2021, which signal ongoing accumulation.
What Happens if XRP Breaks Below $1.97 Support?
If XRP falls below $1.97, it could indicate a structural shift toward bearish territory, per Egrag’s analysis. This level serves as a critical threshold; a breach might lead to retesting lower supports around $1.00, though he views current holds as confirmation of strength for voice search users monitoring daily crypto updates.
Key Takeaways
- XRP’s Market Cycle Persists: Egrag Crypto sees no end to the bull run, with a potential macro surge driven by risk asset rotations.
- Support Levels Hold Key: $2.20 and $1.97 act as bullish anchors, preventing downside breaks amid consolidation.
- Long-Term Upside Potential: Higher lows since 2021 suggest accumulation, targeting $3.80–$4.00 by 2026—monitor geopolitical triggers for entry.
Conclusion
Egrag Crypto’s analysis on the XRP market cycle and key support levels offers a compelling counter to divided analyst opinions, highlighting sustained bullish structure and historical patterns. As XRP consolidates above critical thresholds, investors should watch macro rotations and geopolitical developments for confirmation. This forward-looking perspective encourages strategic positioning in the evolving crypto landscape, potentially yielding significant returns by 2026.
