XRP Faces Major $1.15 Retest Unless Bulls Secure $1.65 Weekly Close

In Brief:

• XRP could retest $1.15–$1.20 because the range combines horizontal support, structural boundaries, and EGRAG Crypto’s projected recovery path for buyers.
• A full weekly candle body above $1.65 would invalidate the lower scenario and establish $1.80 as the next major checkpoint.
• Losing ascending support could expose $1.05, while deeper structural failure would bring $0.97, $0.85, and $0.777 into consideration for traders.

 

Crypto analyst EGRAG Crypto has identified the $1.15 to $1.20 range as XRP’s major structural support unless buyers reclaim $1.65. According to EGRAG Crypto’s chart, XRP trades near $1.41 following a rebound from $1.05 support but remains below the $1.63–$1.65 resistance zone.

XRP Approaches Major Structural Retest

EGRAG expects XRP to consolidate around $1.40 before potentially retreating toward the projected $1.15 to $1.20 support range. This area combines horizontal support, the lower structural boundary, and the projected bottom of his mapped price route.

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Additionally, the chart places the expected low near $1.18, directly inside the wider range highlighted by the analyst. Rising diagonal support also approaches this region, strengthening its importance as an area for renewed buyer activity.

A successful defense could send XRP toward $1.40 before another attempt against resistance around $1.63 and $1.65. Conversely, a decisive breakdown would weaken the recovery structure and expose the support level around $1.05. Meanwhile, $0.85 and $0.777 remain deeper bearish targets if XRP loses the ascending support formation.

Weekly Close Above $1.65 Changes Outlook

According to EGRAG Crypto, XRP can invalidate the projected decline by securing a full weekly candle body above $1.65. A temporary wick beyond that level would not confirm a breakout because sellers could regain control before closing.

Therefore, buyers must establish sustained acceptance above resistance before traders can consider the wider structure materially changed. Such confirmation would reduce the probability of a $1.15 retest and force bearish traders to reconsider lower entries.

Moreover, XRP would confront several exponential moving averages while attempting to advance through the upper resistance structure. The chart includes the 21, 50, 100, and 200 exponential moving averages around or above XRP’s current position.

Their concentration reinforces EGRAG’s requirement for a strong weekly close instead of relying on brief price movements. If XRP reclaims $1.65 convincingly, the analyst expects $1.80 to become the next upside checkpoint. Overall, $1.15 to $1.20 controls XRP’s downside structure, while $1.65 remains the essential trigger for bullish confirmation.

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