XRP is consolidating around the $1.05 mark, as prominent crypto analyst EGRAG CRYPTO outlined new levels that could influence the asset’s next direction. According to the analyst, who regular
XRP is consolidating around the $1.05 mark, as prominent crypto analyst EGRAG CRYPTO outlined new levels that could influence the asset’s next direction. According to the analyst, who regularly shares technical insights with thousands of followers, $1.10 has emerged as the key level to watch for bullish confirmation on the 4-hour chart.
XRP battles at the $1.05 support zone
Technical analysis from EGRAG CRYPTO defines the range for XRP between immediate support at $1.048 to $1.05, and overhead resistance at $1.14. After retreating from recent highs near $1.14, XRP tested the lower end of this range and is now attempting to hold a crucial support level.
The chart indicates that XRP remains in a short-term bearish structure, as a sequence of lower highs persists. If the asset stays above $1.05, the focus shifts to a move above $1.083, which would signal improving momentum toward reclaiming key resistance levels.
On the 4-hour chart, $1.05 stands out as the decisive area for buyers. The confirmation path is clear: XRP must defend $1.05, regain $1.083, and then break and retest $1.10. A 4-hour close above $1.10 may open the door to higher levels.
$1.10 emerges as the breakout threshold
EGRAG CRYPTO underscored that a sustained break and retest of $1.10 would provide confirmation for a bullish shift in XRP’s market structure. This level represents a major resistance zone, and a move above it could return bullish sentiment to the asset. The first upside target above $1.10 is set at $1.14, with further objectives at $1.183 and $1.20.
Should XRP achieve a 4-hour close above $1.10, analysts expect the token to target the $1.14 and $1.183 levels as its next potential resistance points.
LevelTypeStatus$1.048–$1.05SupportCurrently Defended$1.083Intermediate ResistanceRequires Break$1.10Key Resistance/ConfirmationAwaiting Breakout$1.14Upside TargetMajor Resistance$1.183–$1.20Upside TargetsPotential Objectives$1.30Major TargetRequires Momentum
Next resistance levels and upside targets
A decisive rise through $1.10 would bring higher resistance zones into view for XRP. The primary objectives outlined by EGRAG CRYPTO include $1.14, followed by $1.183 and $1.20. Clearing these thresholds could set the stage for a push toward $1.30, a price target noted as significant in recent technical analysis.
To reach $1.30, XRP would need to overcome layers of resistance above $1.20 and demonstrate strong upward momentum. For now, the asset’s ability to hold and then breach the $1.10 barrier will determine if these higher objectives are viable.
Analysts emphasize that holding $1.05 and reclaiming $1.083 would set the foundation for an advance. Ultimately, a 4-hour close above $1.10 is seen as the gateway for XRP to move toward $1.14, $1.183, $1.20, and potentially $1.30.
Support at $1.048 remains crucial
The analysis also identifies $1.048 as the critical lower boundary for XRP. Maintaining price action above this level is viewed as essential to keep the short-term recovery scenario intact. If XRP falls below $1.048, attention is expected to turn toward lower liquidity regions around $1.008 and $1.00, further down on the chart.
EGRAG CRYPTO is a widely followed crypto analyst known for detailed technical analysis and trend identification, focusing on digital assets such as XRP.
Mini dictionary: EGRAG CRYPTO, a well-known online analyst specializing in technical chart analysis, regularly shares support and resistance levels that guide traders’ strategies on Twitter and other platforms.
The coming sessions may prove decisive, as price action around $1.05 and $1.10 could set the stage for XRP’s next significant move.
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