Egarg Crypto’s Macro Roadmap XRP Price Targets: Targets Rises With Time

XRP could be closer to a historically important phase if the latest analysis from crypto analyst Egrag Crypto proves accurate.

Egrag Crypto tweeted that XRP is nearing a potential retest of its 300-week moving average (MA), an important level for determining whether the cryptocurrency can maintain its broader bullish structure.

The analyst’s chart places the 300-week MA at approximately $1.03 and shows the level continuing to rise over time. According to Egrag, a move toward the $1.00-$1.10 region would not necessarily be bearish. Instead, he believes the decline could provide an important technical test before XRP resumes its upward movement.

Egrag Crypto Highlights the 300-Week MA Retest

Egrag explained that previous XRP market cycles followed a similar sequence involving the 300-week MA. His analysis points to an initial penetration or reclaim of the moving average, followed by a retest. He then expects market fear or a major news catalyst, followed by a period in which the structure holds before the market begins moving higher.

Based on his chart, Egrag believes XRP may currently be approaching the retest portion of that sequence. He said if XRP revisits the $1.00-$1.10 area, trades around it, and subsequently reclaims the 300-week MA, it could provide the macro confirmation he is waiting for.