EGRAG Crypto’s long-term XRP analysis identifies a recurring macro structure where the 100 EMA has marked cycle bottoms before major expansions, with price currently revisiting that same zone.
The monthly TradingView chart running from 2014 to 2030 shows XRP operating within a long-term ascending channel marked as “The Line 1.” The structure has produced two completed cycles with nearly identical technical behavior.
In Cycle 1, price reset near the 100 EMA before the 2017 parabolic move that took XRP to approximately $3.40. In Cycle 2, the same 100 EMA region provided the structural base before the 2021 rally. Both bottoms occurred at similar positions within the ascending channel, near the mid-to-lower band, before expanding toward the upper channel during the bull phase.
Cycle 3 is currently showing price approaching that same macro support zone. EGRAG Crypto’s analysis notes that the channel structure is repeating with enough precision that the 100 EMA region may again function as the accumulation floor before the next directional move. Whether it does depends on whether the pattern holds a third time or breaks.
The analysis presents two distinct Fibonacci expansion paths from current levels. The conservative scenario mirrors the 2021 cycle, targeting the 1.618 Fibonacci extension with a potential range of $6 to $9. That would represent roughly a 4.5x to 6.7x move from current prices around $1.34.
The aggressive scenario mirrors the 2017 expansion, extending toward the 2.414 to 2.618 Fibonacci levels with a target range of $20 to $25. That would require approximately 15x to 19x appreciation from current levels. EGRAG Crypto explicitly notes this scenario requires strong altcoin liquidity rotation and late-cycle momentum, two conditions that are not currently present in a market where 38% of altcoins sit near all-time lows and institutional flows are concentrated in Bitcoin.
The gap between $6 and $25 is wide enough that the two scenarios describe fundamentally different market environments, not just different price outcomes.
The pattern analysis is coherent on its own technical terms. The problem is the context surrounding it. XRP currently carries $50.8 billion in unrealized losses across 36.8 billion tokens, the largest loss figure in the asset’s history per Glassnode data published earlier today. Institutional product flows showed $30.3 million in outflows from XRP investment products last week per CoinShares. The on-chain loss data and the ETF flow data are pointing in the same direction simultaneously.
None of that invalidates a technical pattern operating on a monthly timeframe. Cycle bottoms by definition occur when sentiment and on-chain metrics are worst. The 100 EMA holding as support in a third consecutive cycle would not require positive news flow. It would require the selling to exhaust itself at the same structural level it exhausted itself twice before.
EGRAG Crypto frames the central question plainly: if XRP respected the 100 EMA bottom in the last two cycles, why not again. It is a reasonable question without a certain answer. Two data points establish a pattern. Three would confirm one. The chart currently sits at the point where the third data point either forms or fails.
Price stabilization near the 100 EMA, sideways accumulation, resistance break, and expansion toward Fibonacci targets is the sequence the analysis identifies. The first step, stabilization, has not clearly occurred yet. XRP at $1.34 is still moving, still under pressure from the loss overhang, and still in a market where capital is not rotating into altcoins with any conviction.
The structure is there. The confirmation is not.
The post XRP Pattern Has Repeated Across Three Cycles: Analysts Are Watching the Same Level Again appeared first on ETHNews.


