Ripple’s XRP didn’t get a pass during Friday’s broad selloff. The token slid to about $1.05, its first visit in roughly 19 months. It bounced quickly and pushed toward $1.20 earlier today, only to meet selling pressure.
As of press time, XRP is around $1.13. That still leaves it up about 5% on the day and back above some key local support levels. The rebound looks real in the short term. The bigger question is what comes next.
The warning behind the bounce
Popular analyst EGRAG CRYPTO says the rebound may not mean the short-term outlook has flipped. In a post highlighted by CryptoPotato, the analyst argues the current move could be part of the final stages of a deeper correction rather than the start of a new uptrend.
EGRAG CRYPTO points to a recurring pattern from earlier cycles involving the interaction between the 50 EMA and the 100 EMA on higher timeframes. Specifically, the analyst says that historically, when XRP decisively loses the 50 EMA on the monthly chart, it can set off a chain reaction.
That sequence, as described by EGRAG CRYPTO, goes roughly like this. Momentum fades. Price breaks down. Emotional capitulation follows. Then, a final liquidity sweep tends to occur toward the 100 EMA.
Why “capitulation” is the key phrase here
CryptoPotato frames EGRAG CRYPTO’s view as a view that the market is still “searching for what could become its actual macro bottom.” If the analyst’s historical pattern holds, XRP could see additional pressure before finishing what EGRAG CRYPTO calls the “capitulation phase” of the cycle.
That matters because it reframes today’s bounce. A rebound off local lows can happen even inside a broader downswing. EGRAG CRYPTO’s thesis implies the move higher could be incomplete if the monthly structure is still working through bearish conditions.
EGRAG CRYPTO did not try to define the bottom to the exact decimal. Instead, they argued that the practical focus should be on position building and liquidity management in probability zones, not on predicting the precise moment a macro turn arrives.
The target talk is less precise than it sounds
EGRAG CRYPTO also discussed upside macro targets. CryptoPotato reports the analyst’s targets started around $7 or $8, with higher levels at $13 and possibly “even Mid-Double digits?”
But the analyst’s message, as quoted in CryptoPotato, is that pinpointing the perfect bottom is a common way to miss the broader move. Their approach, per the post, prioritizes.
- Position building
- Liquidity management
- Probability zones
- Macro structure
- Not ego
The same passage ties that philosophy to the entry problem. EGRAG CRYPTO argues it wouldn’t matter much if investors enter at $1.10, $0.92, or even lower levels such as $0.70 once the token “explodes.” CryptoPotato presents this as part of the analyst’s broader cycle framework.
What to watch next
For readers trying to track whether today’s rebound is just a pause or a real reversal, the catalyst in this story is not a headline. It’s the monthly EMA behavior EGRAG CRYPTO highlighted. In their framework, decisive loss of the monthly 50 EMA has historically preceded a deeper sequence that ends near the 100 EMA.
So the near-term implication of this CryptoPotato write-up is straightforward. Even with XRP up on the day and reclaimed local support levels, the analyst thinks the market may still need more downside before the “actual rally” can begin.
XRP price points referenced by CryptoPotato
| Reference point | Level | Context from the story |
|---|---|---|
| Multi-month low | ~$1.05 | First time in about 19 months |
| Earlier bounce | ~$1.20 | Met selling pressure |
| Press-time level | ~$1.13 | ~5% up daily |
| Example “lower entry” in analyst framework | ~$0.92, ~$0.70 | Cited by EGRAG CRYPTO |
| Upside macro targets mentioned | $7–$8, $13, mid-double digits | Presented as EGRAG CRYPTO targets |
None of this is guaranteed. It’s a historical pattern claim tied to moving averages, not a regulator filing or a proven catalyst. Still, if you’re watching XRP’s next leg, this is the framework that CryptoPotato says EGRAG CRYPTO believes is still unfolding.