Warning Signal for XRP and Recovery Roadmap

Warning Signal for XRP and Recovery Roadmap

XRP has reached a price level that crypto analyst Egrag Crypto identified weeks before the latest decline. The analyst previously warned that the cryptocurrency could fall to $1.18, and its recent price movement has now reached that target.

Despite the decline, Egrag Crypto continues to maintain significant exposure to XRP and believes the current price range offers an accumulation opportunity for his spot strategy.

In his update on X, Egrag Crypto explained his current market position, discussed the possibility of another decline, and outlined the price levels he expects XRP to approach during a potential recovery. His accompanying chart also identifies the conditions that could force him to reconsider his bullish outlook.

#XRP – I'M 97% IN THE MARKET! ONLY 3% LEFT FOR LEVERAGE TRADING!

Seriously, HOW MANY TIMES have I shared this chart, updated it, and highlighted $1.18 AS A POTENTIAL TARGET?

And here we are. $1.18 HAS BEEN TOUCHED!

This wasn't a last-minute prediction. I've been tracking… pic.twitter.com/gT20ThMxEx

— EGRAG CRYPTO (@egragcrypto) November 6, 2026

XRP Reaches Egrag Crypto’s Predicted $1.18 Level

Egrag Crypto reminded his followers that he had repeatedly updated his chart and identified $1.18 as a potential downside target. He noted that XRP has now reached that level, fulfilling the price objective he had tracked for several weeks.

His chart shows XRP declining from its previous highs and approaching the $1.18 region. It also displays several technical levels, including horizontal support and resistance zones and a long-term ascending trendline.

However, Egrag Crypto still sees room for another decline. He identified $1.11 to $1.07 as the next possible downside range, where XRP could experience another brief drop before attempting to recover.

Analyst Maintains 97% Market Exposure

Egrag Crypto also disclosed how he has managed his XRP position during the decline. He stated that he maintains 97% exposure to the market and reserves just 3% for leveraged trading.

The analyst explained that he feels comfortable with his existing spot entries. He also stated that another decline would not concern him, while a recovery would benefit his current holdings.

His comments show that he continues to prioritize his spot strategy despite the uncertainty surrounding XRP’s short-term price movement.

Egrag Crypto Identifies Conditions That Could Weaken His Outlook

Although XRP has reached his $1.18 target, Egrag Crypto warned that traders should monitor how the cryptocurrency behaves around this level.

He explained that consecutive daily closes below $1.18, accompanied by strong selling volume, would force him to reassess his bullish outlook. He also wants to see whether selling pressure extends into the three-day or weekly timeframe.

This distinction matters because the analyst does not consider a brief move below $1.18 sufficient to invalidate his outlook. Instead, he wants to see sustained weakness across higher timeframes before changing his position.

XRP Recovery Targets Extend to $1.80

For the recovery, Egrag Crypto identified four important price levels: $1.25, $1.43, $1.63, and $1.80.

His chart places $1.25 as the first level XRP needs to reclaim. A move toward $1.43 would bring the upper boundary of the marked yellow channel into focus. If XRP advances beyond that level, the analyst expects $1.63 and eventually $1.80 to become the next important targets.

Egrag Crypto considers the current price range suitable for accumulating XRP through his spot strategy. However, he acknowledges that the cryptocurrency could still revisit $1.11 or $1.07 before attempting a sustained recovery.

For now, he continues to monitor $1.18 as a critical level and will reconsider his bullish outlook if XRP records consecutive daily closes below it alongside strong selling volume.


This story was originally published by Times Tabloid. Read the original article.

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