XRP has reached a pivotal moment after successfully hitting the first bullish target set by analyst EGRAG Crypto. The token defended the critical $1.14 support zone and climbed to $1.1938, aligning precisely with EGRAG’s roadmap. However, the next move hinges on XRP’s ability to overcome a key resistance zone between $1.22 and $1.23.
EGRAG’s analysis, shared on social media, outlined that holding $1.14 would lead to a retest of $1.1938, and a four‑hour close above that level would target $1.26. Failure to maintain strength, however, could see a pullback toward $1.14 or even $1.09. Traders are now watching whether XRP can secure a clean close above $1.1938, which would confirm bullish continuation.
Simultaneously, independent technical charts highlight the $1.22–$1.23 range as a crucial battleground. This band, formerly a support, now acts as resistance and coincides with a cluster of short‑term moving averages. A breakout there could open a path to $1.32, the site of a previous breakdown. Yet, the broader picture remains cautious: XRP is still trading below its 50‑, 100‑, and 200‑day EMAs, signalling a persistent bearish trend in the medium to long term. The current rebound, while encouraging, has yet to overcome that overhead supply.
The convergence of these technical levels means the coming sessions will likely determine XRP’s short‑term direction. A decisive move above $1.23 could attract momentum buyers and ignite a recovery, while a rejection risk sending the price back to test lower supports.
