Rally

Major

<h3 id="in-brief">In Brief:</h3>
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    <li>XRP analyst EGRAG Crypto identifies a potential reversal after 11 consecutive red candles, with $1.50 emerging as the recovery target.</li>
    <li>XRP could retreat toward $1.13 to $1.16 or $1.05 to $1.07, potentially establishing another major double bottom formation before recovery.</li>
    <li>EGRAG’s historical 2017–2018 fractal comparison highlights potential bullish expansion, with speculative chart projections reaching $5.45 and $10.10 price levels.</li>
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 <p>Crypto analyst EGRAG Crypto has identified a potential XRP reversal after 11 consecutive red candles appeared on its three-day chart. The analyst expects an initial recovery toward $1.50 before another decline could establish a major double bottom.</p><br>
 <p><a href="https://x.com/egragcrypto/status/2115379081592103355" rel="noopener noreferrer nofollow">According to EGRAG Crypto’s latest X post</a>, XRP’s Heikin Ashi chart shows weakening bearish momentum as a green candle begins forming, potentially ending the prolonged bearish sequence. The analyst emphasized that a confirmed green three-day close remains necessary to validate the emerging reversal signal.</p><br>
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 <h2 id="xrp-analyst-identifies-1-50-recovery-target-before-another-price-decline">XRP Analyst Identifies $1.50 Recovery Target Before Another Price Decline</h2>
 <p>EGRAG identified $1.48 to $1.50 as XRP’s initial recovery target following the potential change in market momentum. This projected movement would represent an important recovery after sustained selling pressure across recent trading sessions.</p><br>
 <p>Additionally, the analyst’s chart highlights $1.26 and $1.4070 as intermediate levels within the broader trading structure. A sustained recovery through these regions could bring XRP closer to the projected resistance area.</p><br>
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   <p><a href="https://x.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> – 11 RED <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f534.png" alt="🔴"> CANDLES! THE GREEN <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f7e2.png" alt="🟢">REVERSAL IS COMING?</p><br>
   <p>The 3-DAY Heikin Ashi Candle Chart is showing a potential TURNING POINT! <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f440.png" alt="👀"></p><br>
   <p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅"> 11 consecutive RED candles!<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅"> First GREEN candle potentially forming!<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2705.png" alt="✅"> 2017–2018 fractal showing similarities!</p><br>
   <p>MY ROADMAP:<br><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f7e2.png" alt="🟢"> PUMP:… <a href="https://t.co/C0ipsAHA1c" rel="noopener noreferrer nofollow">pic.twitter.com/C0ipsAHA1c</a></p><br>
   <p>— EGRAG CRYPTO (@egragcrypto) <a href="https://x.com/egragcrypto/status/2115379081592103355?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2026</a></p><br>
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 <p>Despite the anticipated recovery, EGRAG expects another decline could follow the initial upward movement. The analyst identified $1.13 to $1.16 as the first potential support region during the projected correction.</p><br>
 <p>A deeper decline could bring <a href="https://36crypto.com/xrp-buy-signal-emerges-as-analyst-predicts-potential-rebound-toward-1-40/" rel="noopener noreferrer nofollow">XRP</a> toward $1.05 to $1.07, establishing another possible buying opportunity. Meanwhile, the chart identifies $0.98 as another historical support level within the broader price structure.</p><br>
 <h2 id="historical-xrp-fractal-points-to-potential-major-bullish-expansion">Historical XRP Fractal Points to Potential Major Bullish Expansion</h2>
 <p>EGRAG also compared <a href="https://36crypto.com/xrp-price-faces-0-98-risk-as-whale-wallets-drop-ali-martinez-warns/" rel="noopener noreferrer nofollow">XRP’s current price</a> structure with historical movements recorded during the 2017–2018 market cycle. The comparison highlights similarities between previous consolidation patterns and the cryptocurrency’s developing three-day candle structure.</p><br>
 <p>Significantly, the analyst believes another correction could establish a second macro double bottom before a larger bullish expansion, mirroring historical consolidation and recovery patterns.</p><br>
 <p>Its longer-term projection includes reference levels near $5.45 and $10.10, although these remain speculative historical comparisons. EGRAG described the potential double bottom as a major buying opportunity if the projected formation develops. XRP’s immediate direction depends on confirming the developing green candle, which could support the anticipated recovery toward $1.50.</p><br>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/xrp-analyst-predicts-rally-to-1-50-before-major-double-bottom-formation/">XRP Analyst Predicts Rally to $1.50 Before Major Double Bottom Formation</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.</p>

XRP Analyst Predicts Rally to $1.50 Before Major Double Bottom Formation

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