Add as a preferred source on GoogleEGRAG CRYPTO Maps XRP Roadmap, Says Reversal Needs Three-Day Close
The analyst marked 11 consecutive red candles and mapped a possible move to $1.48-$1.50, followed by a pullback into one of two retest zones.
Crypto analyst EGRAG CRYPTO outlined a three-stage XRP (XRP) scenario on Oct. 28 after marking 11 consecutive red candles on a three-day Heikin Ashi chart, while saying a reversal still needs confirmation.
In an Oct. 28 post on X, EGRAG CRYPTO wrote, “The 3-DAY Heikin Ashi Candle Chart is showing a potential TURNING POINT!” A first green candle may be forming. Heikin Ashi candles average price data to smooth short-term fluctuations and help traders read trends.
The first stage on EGRAG CRYPTO’s roadmap is a possible move to $1.48-$1.50, followed by a potential pullback to either $1.13-$1.16 or $1.05-$1.07. The final stage describes a possible second macro double bottom.
EGRAG CRYPTO said the reversal signal still needs a confirmed green three-day close. The possible retest zones overlap a support band on EGRAG CRYPTO’s earlier two-week XRP chart, which marked $1.06-$1.25.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.