XRP is approaching a critical technical level on the monthly timeframe, according to crypto analyst EGRAG Crypto. The focus is on the 44-period Exponential MovingXRP is approaching a critical technical level on the monthly timeframe, according to crypto analyst EGRAG Crypto. The focus is on the 44-period Exponential Moving

XRP Tests Important Level: Three Scenarios to Watch

2026/02/23 21:37
2 min read

XRP is approaching a critical technical level on the monthly timeframe, according to crypto analyst EGRAG Crypto. The focus is on the 44-period Exponential Moving Average (EMA), which historically acted as a key structural pivot during previous cycles.

On the higher timeframe, price is currently testing the 44 EMA, a zone the analyst describes as a “historical pain area.” While the broader macro trend remains structurally bullish, XRP is clearly moving through a corrective phase.

From here, three potential paths emerge.

Source: https://x.com/egragcrypto/status/2025868808850743538

1. Flush Scenario: Structure Breakdown

The first scenario involves a monthly close below the 44 EMA. Such a move would signal structural weakness and open the door for a deeper liquidity sweep.

In this case, XRP could move toward the $0.65–$0.85 region, which EGRAG identifies as a final capitulation zone. This area would likely represent a high-stress environment where weaker hands exit and long-term accumulation potentially accelerates.

A confirmed breakdown would shift the structure decisively bearish on the higher timeframe.

2. Relief Bounce: Reaction Move Within Range

The second scenario assumes XRP holds the 44 EMA and produces a reaction bounce inside its broader channel.

Under this outcome, the $2.20 level becomes the logical relief target. However, this would not automatically signal a full bull continuation. Instead, it could represent a corrective rebound or even a potential bull trap if price fails to establish acceptance above resistance.

This path would keep XRP inside a larger consolidation structure rather than confirming trend expansion.

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3. Bull Continuation: Break Above $2.20–$2.30

The third and most bullish scenario requires clear acceptance above the $2.20–$2.30 range on a higher timeframe close.

Only after reclaiming and holding this region would new all-time highs re-enter the discussion. Without that confirmation, upside attempts remain technically vulnerable to rejection.

Current Bias

Until the structure confirms either a breakdown or a breakout, the short-term outlook remains neutral to bearish, while the long-term thesis remains intact but unproven.

For now, the 44 EMA is the line that matters. How XRP behaves around it will determine whether this phase resolves as final capitulation, a temporary relief bounce, or the start of a renewed expansion cycle.

The post XRP Tests Important Level: Three Scenarios to Watch appeared first on ETHNews.

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