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2025-08-22 05:29:37

Egrag Crypto Spots XRP Last Line of Defense Using This Linear Regression Analysis

Crypto analyst Egrag Crypto has released a detailed chart analysis of XRP using a linear regression model on a logarithmic scale, alongside what he refers to as the “Bent Fork” zoomed-in version. His latest outlook emphasizes both the macro trend and shorter-term price levels that he views as critical for XRP’s market trajectory. In the zoomed-in chart, he identifies $3.65 as a decisive breakout point. According to his analysis , a confirmed close above this level, in conjunction with surpassing the green arch boundary, would trigger a phase of price discovery. He describes this threshold as the point at which XRP could begin a significant upward movement. At present, he highlights $2.90 as the midpoint of the linear log channel, which he views as essential support. He stresses the importance of maintaining price action above this level to preserve the bullish setup. #XRP – Linear Regression Analysis (Log Scale) and The Bent Fork (Zoomed-In Version): Take a close look at the chart below! As I zoom in, remember to keep track of the MACRO view to fully understand the significance of this analysis. Zoomed-In Insights: 1⃣ Closing above… pic.twitter.com/ESyUS62yUt — EGRAG CRYPTO (@egragcrypto) August 20, 2025 Defense Levels and Risk Zones Egrag outlines several defensive levels that he considers crucial to sustaining XRP’s bullish momentum. The first line of defense is at $2.65, where he suggests that while price wicks may occur, a daily close below this level would be problematic for the overall trend. The last line of defense, in his view, lies at $2.33, which aligns with the 21 EMA on the two-week timeframe. He regards this as a make-or-break level for the prospect of reaching new all-time highs. He further identifies $1.90 as the bear market line of defense. In his assessment, a close below this point would push XRP into bear market territory . An even deeper threshold exists at $1.62, which he marks as confirmation of a bearish trend if the price closes below the middle arch structure. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Macro Outlook and Cycle Projections In addition to the zoomed-in analysis, Egrag emphasizes the importance of zooming out to view the broader market cycles. His macro chart highlights three key cycles: 2013, 2018, and a projected cycle peak in 2025. He notes that the current setup aligns with the same structural movements seen in previous cycles, suggesting that XRP could be on track for another major market move. The upper boundary of the linear log channel, marked in blue, coincides with the projected “white arch,” which he points to as a long-term target zone. This alignment, according to his analysis, reinforces the case for a strong upside potential if XRP sustains key support levels in the near term. Egrag Crypto’s latest analysis presents a structured view of XRP’s technical positioning within both short-term and long-term contexts. With $3.65 as a decisive breakout level, $2.90 as the midpoint support, and several lines of defense at $2.65, $2.33, and $1.90, his framework highlights the importance of maintaining higher support levels to avoid slipping into bearish territory. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Egrag Crypto Spots XRP Last Line of Defense Using This Linear Regression Analysis appeared first on Times Tabloid .

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