Crypto analyst EGRAG Crypto has urged XRP traders to ignore short-term geopolitical news and focus on the token’s long-term price structure instead. A shared chart outlines a potential macro bottom forming near a rising support trendline, with a breakout above resistance between $1.00 and $1.40 needed to confirm a bullish expansion. The long-term projection points to targets above $27 by 2028, while current trading shows XRP around $1.40, still down over 44% from its 2025 peak.
Crypto analyst EGRAG Crypto has advised XRP traders to stop focusing on geopolitical headlines and instead pay attention to the token’s long-term price structure. Their minimalist monthly chart, shared on X, spans from 2014 toward 2028 and highlights three critical phases.
The chart suggests XRP is stabilizing near a major support trendline rising since the 2018–2019 bear market bottom. This trendline intersects with the recent consolidation zone, where the next macro bottom could be forming.
EGRAG pointed to a horizontal resistance band between $1.00 and $1.40 that must be cleared to confirm a broader bullish expansion. Once that level flips into support, the chart projects XRP could enter a multi-year upward channel toward targets above $27 by 2028.
The analyst had previously stated that a weekly close above $1.55 would weaken the current descending trend. Furthermore, a break above $2.20 would invalidate the bearish structure entirely.
Other market participants shared similar technical observations. Analyst Arthur noted a custom indicator signal that historically precedes fast price moves, while his counterpart, CW, noted that XRP’s decline has again touched the lower line of its long-term ascending channel.
At the time of writing, XRP was trading around $1.40, down about 0.8% over 24 hours. The token remains inside a broader corrective structure, still down more than 44% on a yearly basis following its 2025 peak.
