Based

bullish

CRYPTO

<h3 id="what-to-know">What to know:</h3>
<ul>
 <li>XRP is trading between the 33 EMA and 111 SMA, which EGRAG Crypto identified as a historical accumulation and compression zone.</li>
 <li>EGRAG Crypto said shrinking corrections and a rising macro trendline indicate weakening selling pressure and reinforce XRP’s long-term bullish structure.</li>
 <li>The analyst projected targets of $17, $27, $35, and $42 if XRP holds key support and breaks above $1.60 to $2.00.</li>
</ul>
&nbsp; 
Crypto analyst EGRAG Crypto has identified a long-term XRP chart structure that he believes could support a measured move toward $42. <a href="https://x.com/egragcrypto/status/2077296262131352007" rel="noopener noreferrer nofollow">In a post shared on X</a>, the analyst pointed to two key moving averages that have historically defined major accumulation phases before large price advances. 
The analysis focuses on XRP’s three-week chart, where the asset is trading between the 33-period Exponential Moving Average and the 111-period Simple Moving Average. According to EGRAG Crypto, this range has repeatedly acted as a compression zone that preceded bullish breakouts in previous market cycles. 
Rather than signaling weakness, the analyst argued that the current consolidation reflects improving market structure. He noted that XRP has produced progressively smaller corrections while preserving its long-term rising trendline, suggesting that selling pressure has gradually declined. 
Besides highlighting the compression zone, EGRAG Crypto emphasized that the relationship between the 33 EMA and the 111 SMA will likely determine <a href="https://36crypto.com/xrp-price-risks-slide-to-1-04-as-analyst-flags-bearish-chart-formation/" rel="noopener noreferrer nofollow">XRP’s next major trend</a>. He described the area between the two indicators as the most important technical region for the current market cycle. 
<h2 id="strong-shrinking-corrections-signal-weakening-selling-pressure-strong">Shrinking Corrections Signal Weakening Selling Pressure</h2>
EGRAG Crypto compared <a href="https://36crypto.com/xrp-retests-1-05-as-analysts-breakdown-call-plays-out-on-4-hour-chart/" rel="noopener noreferrer nofollow">XRP’s current setup</a> with its previous market cycles to support his outlook. The chart shows that the first major correction measured approximately 46%, while the second pullback declined by around 32%. 
Also Read: <a href="https://36crypto.com/sbis-solana-expansion-is-not-bad-for-xrp-lawyer-bill-morgan-says/" rel="noopener noreferrer nofollow">SBI’s Solana Expansion Is Not Bad for XRP, Lawyer Bill Morgan Says</a> 
By comparison, the analyst estimates the current correction could remain near 21% or even avoid another meaningful decline altogether. Consequently, he argued that each successive correction has become less severe, indicating that sellers are losing momentum while buyers absorb available supply. 
<div class="embed-x">
 <blockquote class="twitter-tweet">
 <a href="https://x.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> – The Answer Is 42… The Formula Is 33 &amp; 111 : 
 On the 3-week chart, <a href="https://x.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> is trapped between two critical macro indicators: 
 <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f7e2.png" alt="🟢"> 33 EMA <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f535.png" alt="🔵"> 111 SMA 
 Historically, this zone has acted as a major compression and accumulation structure. 
 Look at the shrinking corrections: <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f539.png" alt="🔹">… <a href="https://t.co/b7yjKvEvfE" rel="noopener noreferrer nofollow">pic.twitter.com/b7yjKvEvfE</a> 
 — EGRAG CRYPTO (@egragcrypto) <a href="https://x.com/egragcrypto/status/2077296262131352007?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2026</a> 
 </blockquote>
</div>
Additionally, the chart highlights a rising macro trendline that has supported XRP since the previous bull cycle. Every major correction has formed a higher low, reinforcing the broader uptrend despite periods of market volatility. 
The analyst believes preserving support above the 111 SMA remains the foundation of the bullish outlook. At the same time, reclaiming the 33 EMA would represent another important technical milestone before a larger breakout attempt. 
<h2 id="strong-break-above-2-could-trigger-the-next-expansion-strong">Break Above $2 Could Trigger the Next Expansion</h2>
EGRAG Crypto identified the $1.60 to $2.00 range as the final resistance zone that XRP must overcome to validate the broader bullish structure. He explained that a confirmed close above this area would activate what he describes as a macro-measured move based on historical price behavior. 
The chart also references similar “Perfect Measured Move” formations that appeared during previous XRP cycles. According to the analyst, the current consolidation closely resembles those earlier structures, increasing the possibility of another large expansion if the pattern repeats. 
Based on that framework, EGRAG Crypto projected long-term price targets of $17, $27, and $35 before identifying $42 as the full measured move objective. He also referenced the number 42 as a symbolic connection to The Hitchhiker’s Guide to the Galaxy, where it is famously described as the answer to life and everything. 
<h2 id="strong-conclusion-strong">Conclusion</h2>
EGRAG Crypto’s analysis suggests XRP remains at a decisive point within its long-term market structure. Holding above the 111 SMA, reclaiming the 33 EMA, and breaking through the $1.60 to $2.00 resistance range would strengthen the technical case for the higher measured move targets outlined in his chart. 
Also Read: <a href="https://36crypto.com/us-freezes-131m-in-usdt-linked-to-iran-through-ofac-crypto-sanctions/" rel="noopener noreferrer nofollow">US Freezes $131M in USDT Linked to Iran Through OFAC Crypto Sanctions</a> 
The post <a href="https://36crypto.com/xrp-could-be-entering-final-compression-phase-before-42-move-analyst-says/" rel="noopener noreferrer nofollow">XRP Could Reach $42 as EGRAG Crypto Highlights Critical Long-Term Chart Pattern</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

XRP Could Reach $42 as EGRAG Crypto Highlights Critical Long-Term Chart Pattern

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