XRP Bear Market Nearing Its End? Analyst Reveals the Key Level That Could Decide It

In Brief:

• EGRAG believes XRP is approaching the end of the bear market as a two-week structure guides price toward the crucial Central Line support zone level.
• Chart identifies $0.80 support, while recoveries above $1.11 and $1.45 could strengthen XRP’s broader bullish reversal structure and momentum prospects.
• Descending boundaries converge with rising Central Line near projected 2027 region, while $2.40 remains major recovery target for XRP bulls.

 

XRP analyst EGRAG Crypto believes the token’s bear market could be approaching its final stage as a major two-week structure develops. According to EGRAG, the pattern directs XRP toward a long-term Central Line that could determine its next macro move.

The analyst highlighted a wavy structure that has appeared across several major XRP market cycles. He believes the pattern shows price gradually moving toward the rising Central Line.

EGRAG views this trendline as an important dividing point within XRP’s broader market structure. Previous price cycles show XRP repeatedly interacting with the line following extended periods of expansion and correction.

Moreover, the current setup shows XRP trading inside narrowing descending boundaries following its previous major advance. At the same time, the Central Line rises beneath price and approaches the descending structure.

This combination creates a compression area that could ultimately determine whether XRP’s prolonged bearish phase reaches its conclusion. However, the chart does not confirm that XRP has already established a macro bottom.

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Central Line Could Decide Whether XRP Bear Market Ends

EGRAG considers the Central Line the critical area where XRP could establish its next major direction. Therefore, price behavior around this structure remains central to his bear-market ending outlook.

Significantly, XRP does not necessarily need another substantial decline to reach the rising Central Line. Prolonged sideways movement could allow the trendline to move closer as the descending formation becomes narrower.

The chart also highlights approximately $0.80 as an important lower level within the broader setup. A decisive breakdown below this region could weaken the proposed macro bottoming structure.

Conversely, EGRAG’s chart identifies approximately $1.11 as the first notable recovery level above XRP’s current structure. Reclaiming this area could indicate that buyers are beginning to challenge the prevailing bearish formation.

Additionally, XRP faces another significant level around $1.45 if buying pressure strengthens. Breaking above this region would provide stronger support for a broader structural recovery.

XRP Faces $2.40 Target as Technical Structure Tightens

The chart places $2.40 as another major level higher within the potential recovery path. XRP would need sustained buying pressure and stronger momentum to approach that area.

Meanwhile, EGRAG’s descending boundaries gradually converge with the rising Central Line around late 2026 and early 2027. His chart specifically marks January 18, 2027 near the projected convergence area.

However, this date represents a technical projection based on the drawn trendlines rather than a predetermined reversal point. XRP could leave the narrowing formation before those structures reach their projected intersection.

Consequently, EGRAG’s analysis centers more heavily on XRP’s reaction around the Central Line than any specific date. Holding this structure would strengthen his argument that the bear market is approaching completion.

A breakdown beneath the Central Line and lower support would instead challenge the historical comparison presented on the chart. XRP therefore needs a convincing reaction around this key structure before the proposed macro reversal gains stronger confirmation.

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