XRP 21 Week EMA Update: Analyst States Three Conditions XRP Must Fulfill

In a recent update shared on X, prominent crypto analyst EGRAG Crypto released a technical chart and commentary focused on XRP’s positioning relative to its 21-week Exponential Moving Average (EMA). According to the analysis, XRP is trading above a key technical level—the 21-week EMA—and the critical price point of $2.10. However, EGRAG emphasized that a full-bodied weekly candle close above $2.10, the 21 EMA, and particularly above $2.25, is necessary to confirm a macro bottom for XRP, which he identifies as having been reached on April 7. #XRP – 21 W EMA Update! #XRP is currently trading above $2.10 and the 21 W EMA. If we can close this weekly full body candle above both these levels, and notably above $2.25, it would provide a strong confirmation that the #XRP bottom was hit on April 7th. However, if we… pic.twitter.com/56sUXfnHKO — EGRAG CRYPTO (@egragcrypto) April 15, 2025 Key Technical Levels and Market Structure EGRAG Crypto’s chart, published via TradingView, marks several significant Fibonacci levels, with the 1.0 extension noted at $1.96282. XRP trades above this threshold, with the weekly candle at approximately $2.15. The $2.10 marker, highlighted with a red horizontal dotted line, represents a critical validation for bullish continuation. Equally important is the yellow 21-week EMA line closely tracked by the price in recent weeks. The broader context provided by EGRAG compares current market behavior to historical volatility in the crypto space. He referenced past instances—specifically events from 2013—when inconsistent regulatory stances, such as China’s alternating bans on crypto mining, introduced abrupt shifts in market momentum. In this light, the analyst warns that failure to meet all three conditions—a weekly close above $2.10, above the 21 EMA, and $2.25—could open the door for renewed “tariff issues” or destabilizing narratives. Although this point was delivered with a humorous tone referencing historical unpredictability, the implication is clear: XRP’s momentum remains vulnerable if confirmation levels are not achieved. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Upside Targets and Downside Risks The chart also marks additional price levels that EGRAG likely views as future targets should the bullish case play out. These include resistance areas at approximately $2.51 and $2.60, and Fibonacci extensions at 1.166 ($2.69993) and 1.272 ($3.30959). These levels indicate where XRP could find resistance if positive momentum continues. Conversely, lower support is at the 0.888 level ($1.58290) and the 0.786 retracement zone ($1.30128). These levels could act as price floors if the current structure fails to hold. Community Sentiment and Closing Remarks The sentiment shared in the post concluded with a motivational message to the XRP community, encouraging holders to “stay steady & strong,” a call to patience during a potentially pivotal technical juncture. The emphasis on closing the week above all key resistance lines indicates that the coming days are critical for determining the direction of XRP’s next move. As always, traders and investors are advised to conduct their due diligence, as technical patterns remain subject to rapid change in a market shaped by both price action and macro narratives. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP 21 Week EMA Update: Analyst States Three Conditions XRP Must Fulfill appeared first on Times Tabloid .

Source: TimesTabloid