Analyst Says XRP Still Poised for Major Upside Before Market Peak

Egrag Crypto disputes analysts’ XRP outlook, saying the final macro surge could occur before the market’s next downturn.

He notes $2.20 and $1.97 as crucial XRP support levels that sustain its bullish structure amid ongoing consolidation.

Historical data shows XRP forming higher lows since 2021, suggesting accumulation and potential retest of $3.80–$4.00 by 2026.

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, 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 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.

Key Price Levels

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.

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

Source: Egrag Crypto

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.

The post Analyst Says XRP Still Poised for Major Upside Before Market Peak appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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GateUser-d1500c1bvip
· 3h ago
Just go for it 💪
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