XRP is approaching a key technical area that could set the stage for its next major move, according to market watchers. Analyst Egrag Crypto says the token continues to respect a long-standing ascending trendline, with the current consolidation nearing structural support and technical confluence zones that have historically preceded expansion phases.
Long-Term Structure: Trendline Intact Since 2017
Egrag Crypto, a pseudonymous market analyst, notes that XRP has followed a repeating cycle since its major breakout in 2017: strong rallies have been followed by descending corrective phases, while the broader uptrend has remained intact. The analyst argues that the ongoing pullback fits this pattern and is bringing price action into a high-confluence area where multiple technical factors overlap.
XRP is the native digital asset of the XRP Ledger, a blockchain designed to facilitate fast, low-cost transfers and used by some payment firms for cross-border settlement.
Confluence Zone and Potential Bottom Area
The most notable support region identified by Egrag sits between $0.95 and $0.80. This zone is described as a potential stabilization area if the historical cycle persists. The significance of the region stems from:
- Compression of key exponential moving averages (21 EMA, 50 EMA, 100 EMA)
- Support from the long-term ascending trendline
- A historically active liquidity zone
In technical analysis, EMA compression can indicate tightening conditions that often precede directional moves, while confluence across multiple indicators tends to strengthen a level’s relevance.
Time-Based Reset and Timeline
Beyond price, the analyst suggests XRP may be undergoing a time-based reset, implying an extended consolidation could still be required before a new trend emerges. If the cycle continues to rhyme with prior phases, Egrag estimates the bottoming process could complete around Q2–Q3 2026.
Levels to Watch
For confirmation of renewed momentum, the analyst highlights a sequence of technical milestones:
- Reclaiming the 21-day EMA as an initial sign of strength
- Breaking the descending corrective structure that has guided the recent downtrend
- Regaining $2.20 as a critical level where upside momentum could accelerate
While these scenarios depend on market conditions and are not guarantees, the combination of trendline support, EMA confluence, and an extended consolidation window points to a setup that has previously preceded expansion phases for XRP.