Prominent crypto analysts Egrag Crypto and CW have published detailed technical analyses indicating that XRP is at a pivotal decision point, with its price action compressed within a narrow range and key levels determining its next major directional move.
According to Egrag Crypto, XRP has entered a "decision zone" where it is testing the lower boundary of its broader trading range, currently pressing support near the $1.75 level. He emphasizes that confirmation of a move is more critical than emotion, noting that the price remains above a macro ascending trendline, reflecting structural tension rather than a confirmed breakdown. The analysis highlights the importance of liquidity dynamics, where markets often dip below obvious support to absorb clustered stop losses—moves that appear bearish initially but can be invalidated by a rapid recovery.
Egrag outlines three key price zones: the primary support at $1.75, a reclaim area between $2.20 and $2.60 which previously acted as a consolidation region, and a breakout level at $3.20. A move above $3.20 would validate a breakout from the broader range, shifting market behavior from consolidation to expansion. He stresses that a breakdown is only confirmed if XRP loses the $1.75 support with strong volume.
Simultaneously, analyst CW points to shifting conditions that could signal the end of XRP's prevailing downtrend. He notes that recent market turbulence triggered the liquidation of several leveraged long positions, which reset liquidity and cleared weak positioning. This allowed the price to stabilize despite repeated tests of support. CW observes strong buy-side activity and accumulation near lower price zones, where whales have absorbed selling pressure through a defined buying wall.
CW's analysis indicates that net buying pressure is increasing even as prices remain range-bound, with buying volume rising during upward attempts. He states that XRP has reached the upper line of a convergence pattern and that a confirmed breakout above this boundary, supported by strong volume, would invalidate the bearish structure and signal the start of a new upward phase.
Both analysts converge on the theme that structure and volume are paramount in determining XRP's next move from this compressed trading range, with the market's attention intensely focused on whether key support will hold or break.
