XRP remained under selling pressure this week as broader crypto weakness pushed traders toward defensive positioning.
Analyst Egrag Crypto stated that XRP continues trading inside a descending broadening wedge, a structure often associated with sharp volatility swings and late-stage shakeouts before larger moves.
Crypto analyst Egrag Crypto said the current XRP price structure is forming a descending broadening wedge, a pattern that has often appeared before large price swings. According to the analyst, the setup is not random and may point to a final shakeout before a stronger move begins.
The analyst explained that XRP is still moving inside a bearish compression range in the short term. However, the broader market structure remains bullish unless the pattern completely breaks down. Egrag noted that the XRP crypto price has a history of staying quiet for months before making sudden vertical moves. His analysis highlighted several stages that could happen next.
XRP Price Analysis | Source: EGRAG CRYPTO
These include more sideways trading, emotional exhaustion among traders, another strong volatility event, and then a major directional move. The comments came as crypto assets across the market faced heavy selling pressure.
Egrag also pointed to the importance of reclaiming the $2.65 to $3.00 region on higher time frames. According to the analyst, a weekly or monthly close above that area would completely change the current market outlook for XRP.
The analyst warned traders not to focus too much on short-term market noise while the structure remains intact. He added that the market is still searching for liquidity and forcing weaker holders out of positions before any possible recovery phase.
The recent sell-off added to fears that XRP could still move lower before finding stability. Several market watchers pointed to the possibility of a deeper retracement if bearish pressure continues in the coming sessions.
A post from BankXRP described the latest move as a strong liquidity flush after the XRP crypto price dropped sharply into the $1.3080 zone. The account said the move appeared designed to clear weak hands from the market as panic selling increased.
Another market commentator, identified as CW, said there is still a possibility that XRP falls further toward the $1.3 level. The warning came as traders reacted to weakness across both crypto and traditional markets.
XRP Crypto Price Projection | Source: CW
The broader market decline also followed renewed economic concerns in the United States. BankXRP shared comments from CNBC discussing what was described as a possible structural decline in prices and concerns about outdated Federal Reserve models.
The combination of macro uncertainty and crypto weakness has increased pressure on digital assets in recent days. XRP has not been spared from that trend, with traders closely watching whether buyers can defend current support zones.
Several critical price zones now dominate trader attention as volatility remains elevated.
Egrag identified $1.11 as the most important support level inside the current structure. According to the analysis, losing that zone could expose XRP to a much deeper retracement scenario.
On the upside, analysts continue monitoring the $3 region as the main bullish confirmation level.
A sustained reclaim above that area could signal the beginning of a broader breakout attempt after months of compression.
Some longer-term projections referenced possible expansion targets between $7 and $11 if XRP eventually breaks above the current wedge structure. However, those targets remain conditional on stronger market momentum and improved macro sentiment returning to crypto markets.
For now, XRP continues trading inside a high-volatility structure as traders monitor whether support zones can hold during the latest market correction.
The post XRP Price Forming Final Capitulation, Here’s What to Expect as Crypto Market Falls appeared first on The Coin Republic.


