Add as a preferred source on GoogleEGRAG CRYPTO Says XRP Has Entered Its $1.03-$1.12 Scenario Zone
The chart gave a 50% probability to a sweep into that range followed by a bullish reversal, which EGRAG said is not confirmed.
Crypto analyst EGRAG CRYPTO said XRP had moved into the $1.03-$1.12 range marked in his Nov. 1 chart, where his highest-probability path calls for a liquidity sweep followed by a bullish reversal.
The chart assigned a 50% probability to that full sequence, rather than to the price range alone. It gave a 35% chance to extended sideways trading between $1.12 and $1.49, and a 15% chance to an earlier breakout reclaiming $1.49-$1.65 without a deeper correction.
In a Nov. 11 post on X, EGRAG said XRP had entered the zone. He cautioned that a bullish reversal had not been confirmed.
EGRAG’s three-day chart traces an ascending channel from 2021 toward a projected 2027-2028 outlook and tracks the 50-period and 200-period exponential moving averages. He said a bearish crossover had not occurred. The chart also marks a possible final retest of the broader channel and identifies the current area as structurally similar to a 2023 bottoming pattern.
TokenPost previously covered EGRAG CRYPTO’s Nov. 1 XRP chart post. For upside confirmation, EGRAG identified a close above $1.65 on a three-day candle.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.