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2026-01-28 00:00:42

Egrag Crypto Identifies Bullish XRP Technical Pattern, Sets Price Target

XRP has returned to focus among technical analysts as higher-timeframe charts reveal a potentially constructive structure forming after months of consolidation. Recent market activity has pushed the asset below the $1.90 level, prompting renewed debate over whether the decline represents a breakdown or a setup for a larger recovery. While short-term sentiment remains mixed, some analysts argue that the broader chart structure continues to support a bullish long-term outlook. Despite recent weakness, XRP remains within a price region that has historically attracted sustained buying interest. Analysts monitoring long-duration price behavior note that repeated defenses of similar levels may carry greater significance than short-term volatility alone. Analyst Identifies Layered Technical Structure In a recent analysis shared publicly , market analyst EGRAG outlined a bullish thesis based on the interaction of multiple technical formations visible on XRP’s chart. According to his assessment, the asset is not exhibiting a single isolated signal, but rather a combination of structural patterns that collectively point toward a potential trend reversal. #XRP Patterns Within Pattern: Triple Bottom Pattern pic.twitter.com/A9m4auNMVE — EGRAG CRYPTO (@egragcrypto) January 26, 2026 EGRAG’s approach emphasizes a broader market structure instead of near-term price fluctuations. He argues that the current configuration suggests XRP is progressing through a base-building phase rather than approaching exhaustion, with multiple indicators aligning on higher timeframes. At the core of the analysis is the appearance of a Triple Bottom formation, a technical structure that develops when price revisits the same support zone on three separate occasions without producing a decisive breakdown. On XRP’s chart, each decline into this region has been met with renewed buying activity, indicating that sellers have been unable to push prices lower despite repeated attempts. From a technical perspective, this behavior suggests diminishing downside momentum and increasing commitment from longer-term participants. EGRAG highlights that similar formations have appeared at key points in XRP’s historical price action, particularly during extended consolidation periods that preceded major upward expansions. Broader Structure Reinforces Bullish Interpretation What distinguishes the current setup, according to the analysis, is the placement of the Triple Bottom within a wider consolidation framework. The formation is embedded within a larger structure supported by long-term trend indicators and historical resistance levels that have gradually transitioned into support. This convergence of signals strengthens the technical argument by reducing reliance on any single indicator. Instead, the analysis is based on the alignment of multiple structural factors, including price behavior across extended time horizons. EGRAG maintains that this layered configuration improves the probability of a sustained move once confirmation occurs. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Upside Projections Based on Technical Extensions Using Fibonacci extension analysis derived from the projected breakout zone, EGRAG identifies several potential upside objectives. The technical framework suggests that XRP could initially advance toward levels near $9 , with further expansion potentially extending into the low $30 range if the broader structure fully resolves to the upside. These projections represent substantial gains relative to current prices near $1.92 . However, the analysis does not assign a precise timeline; instead, pointing to a broader window that may extend into 2026 or 2027, depending on how long consolidation persists and whether confirmation levels are maintained. While the outlook remains constructive under current conditions, the analysis acknowledges clear invalidation thresholds. A sustained move below established support would undermine the Triple Bottom structure and require a reassessment of the broader trend. Holding above former resistance zones, now acting as support, remains critical to preserving the bullish scenario. Alternative Viewpoints Emphasize Downside Risk Not all analysts share this optimistic assessment. Some market observers, including technical analyst The Great Martis, argue that XRP may still be in an unresolved corrective phase. From this perspective, the recent decline reflects ongoing structural weakness rather than accumulation. This opposing view suggests that a failure to maintain current support could open the door to a deeper retracement toward the $0.50 region. Proponents of this outlook emphasize that such a move would likely unfold gradually rather than through sudden price dislocation. The conflicting analyses highlight the importance of the current price zone. XRP remains positioned between long-term structural support and the risk of further correction, making the coming period particularly significant. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Egrag Crypto Identifies Bullish XRP Technical Pattern, Sets Price Target appeared first on Times Tabloid .

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