XRP fell toward $1.00 following delays to the CLARITY Act, though analyst EGRAG CRYPTO maintains a long-term bullish outlook. The token has struggled to regain momentum after reaching an all-time high in July 2025, dipping to $1.02 on Friday.
XRP dipped toward $1.00 after the CLARITY Act was delayed, but analyst EGRAG CRYPTO remains bullish on its long-term perspective. The token has not recaptured the traction that culminated in July 2025, when it surged to a new all-time high.
It has lost momentum further in recent weeks, dropping to $1.02 on Friday. This decline has not shaken the conviction of popular analyst EGRAG CRYPTO, who argued that the asset is approaching “The Chasm,” a make-or-break phase where patient investors are rewarded while short-term traders capitulate.
EGRAG CRYPTO admitted that his previous expectation for $2.00 to act as macro support failed. He still believes the broader bullish structure remains intact because the asset is now approaching its 100-week exponential moving average (EMA), which has historically acted as major support in previous bear market cycles.
The ideal scenario, according to the analyst, would be for XRP to stabilize between $0.95 and $1.00, representing a healthy macro retest before the next leg up. He acknowledged the possibility of a more violent nosedive but does not believe the token will dip below $0.80, a level corresponding to the lower boundary of its long-term ascending channel.
EGRAG CRYPTO remains highly optimistic about the token’s future and has outlined targets including $15, $27, and $50. He compared XRP investors to early shareholders of companies such as Amazon, Apple, and Google, arguing that markets often test conviction before rewarding long-term holders.
He reiterated his message that investors should not focus on perfectly timing the bottom but instead remain invested when the next expansion eventually arrives. The analyst noted that pitching long-term targets of up to $50 might sound unrealistic, as XRP’s market cap would need to approach the $1 trillion mark, something only bitcoin has achieved.
The real question, according to EGRAG CRYPTO, is not whether XRP can reach double-digit prices but whether the necessary catalysts arrive quickly enough. The token has a long history of proving doubters wrong and has produced some triple- and even quadruple-digit rallies.
