XRP At Crossroad? Egrag Crypto Lays Out Two Critical Paths

XRP sits at $1.3571 on the 3-day chart. Crypto analyst EGRAG CRYPTO (@egragcrypto) is watching the same thesis he has held since April 1. The structure has not changed, and the question now is which direction the price commits to next.

EGRAG CRYPTO posted a dual-scenario chart showing two distinct trajectories for XRP. While both eventually end in an upward rally, one first suggests a major decline.

Both scenarios hinge on a critical price zone between roughly $1.20 and $1.62, where the chart currently shows consolidation inside a blue support band.

The Green Path: Reclaim $1.65

The bullish scenario targets $1.65 as the first major level to reclaim. On the chart, a green arrow traces upward from the current price, breaking above the blue zone and trending toward the target.

The chart shows converging trendlines originating from XRP’s surge in late 2024, creating a compression zone. XRP has been trading inside that structure for months. A breakout above $1.65 opens the path toward $2.30 and higher on the longer-term projection shown on the chart.

The Red Path: A Deep Pullback

The bearish scenario is more extended. The red arrow on the chart traces a drop to $1.27, then $1.16, then $1.05, before a potential recovery. The lowest target marked on the chart is $0.777, aligned with a long-term horizontal support level near $0.7746.

EGRAG CRYPTO ties the bearish case to a rejection at current levels. While many analysts are bullish about its immediate trajectory, it needs to hold the current level to prevent a decline. The yellow-shaded area on the chart shows a potential accumulation or distribution zone between roughly $1 and $1.30, suggesting XRP could consolidate at lower levels before any recovery.

The Analysis Has Not Shifted

EGRAG CRYPTO has tracked both paths since April 1 without revising the core thesis. His focus is on probabilities rather than predictions. Both scenarios remain active, as price action has not negated either one.

The $1.3571 price level is sitting at the dotted midline of the blue support zone on the chart. That zone runs from approximately $1.20 to $1.62. Holding above $1.20 keeps the bullish scenario intact. A close below that level shifts the probability toward the deeper red targets. EGRAG CRYPTO’s final question to his audience is: “Which path is XRP preparing for next?”

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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