XRP Holds Key Support as EGRAG Confirms First Bullish Target Hit
0
0
- XRP defended the $1.14 support zone and reached $1.1938.
- EGRAG Crypto says a close above $1.1938 targets $1.26.
- Failure to hold resistance could trigger a retest of $1.14.
Crypto analyst EGRAG Crypto says XRP has successfully reached its first bullish target after defending a critical support area near $1.14. The latest move has drawn significant attention from traders because the asset now sits at a level that could determine its next major direction.
According to EGRAG Crypto, XRP recently followed a roadmap he shared with the market, with the analyst explaining that holding above the $1.14 battleground zone would likely result in a move toward $1.1938, while losing support around $1.09 could expose the asset to a deeper decline toward $1.05.
Price action ultimately favored the bullish scenario as buyers stepped in around the $1.14 area and prevented further downside pressure, allowing XRP to climb steadily and reach the analyst’s projected target at $1.1938. EGRAG highlighted the development as confirmation that key technical levels continue to guide market behavior.
The four-hour chart shows a strong recovery from recent lows, with XRP producing a notable upward move before encountering resistance near the targeted zone. Significantly, the rally unfolded almost exactly as outlined in the analyst’s earlier projection.
Also Read: Peter Brandt Sees Bitcoin Stuck in Downtrend Despite $127,500 Cycle Target
XRP Approaches Major Decision Point
According to EGRAG Crypto, the next phase depends on whether XRP can secure a clean four-hour close above $1.1938. Such a development would strengthen the current bullish structure and increase the likelihood of a move toward the next upside target at $1.2600. Moreover, a successful breakout would establish another higher high on the four-hour timeframe.
However, the analyst cautioned that the current resistance area remains important, warning that if XRP fails to maintain strength above $1.1938, the level could become a rejection zone and force price back toward the lower support structure around $1.14 before another advance attempt.
#XRP 4H Update: Target HIT With Precision
Yesterday I posted the map clearly:
Hold $1.14 → retest $1.1938
Now look at the updated chart:
— EGRAG CRYPTO (@egragcrypto) June 15, 2026
EGRAG’s updated outlook remains straightforward, with a hold above $1.1938 supporting bullish continuation toward $1.2600, while a rejection at resistance increases the possibility of a pullback toward $1.14, and a break below that support would shift attention back to $1.09 and potentially $1.05.
XRP has already achieved the first objective outlined by EGRAG Crypto, and as traders await confirmation above $1.1938, the battle between buyers and sellers at this level is expected to determine the asset’s next major move.
Also Read: Peter Brandt Sees Bitcoin Stuck in Downtrend Despite $127,500 Cycle Target
The post XRP Holds Key Support as EGRAG Confirms First Bullish Target Hit appeared first on 36Crypto.
0
0
从同一位置管理所有加密资产、NFT 和 DeFi 资产安全地关联您正在使用的投资组合，以开始交易。
2
0
