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Expert to XRP Investors: Nothing Has Changed. Only Our Bags Getting Bigger

Expert to XRP Investors: Nothing Has Changed. Only Our Bags Getting Bigger

TimesTabloidTimesTabloid2026/04/24 09:06
By:TimesTabloid

Crypto analyst Egrag Crypto has issued a renewed statement on XRP’s market structure, emphasizing that his outlook for the token remains unchanged despite ongoing price movements.

In a recent tweet, he stated that “nothing has changed,” adding that only positions are increasing among a limited group of participants. The message reinforces his long-standing view that XRP continues to follow a cyclical pattern tied closely to technical indicators and historical behavior.

To support this position, the analyst referenced an earlier breakdown of XRP’s price cycles, highlighting the significance of the 100 exponential moving average as a recurring foundation for major upward movements. According to his analysis, this level has consistently acted as a bottoming zone in previous market cycles.

#XRP – Nothing Has Changed – ONLY Our bags getting bigger. ONLY FEW 🧠

— EGRAG CRYPTO (@egragcrypto) April 22, 2026

Historical Cycles and the 100 EMA Pattern

Egrag Crypto pointed to XRP’s performance in 2017 and 2021, where price action reset near the 100 EMA before entering expansion phases.

In both instances, the asset formed a structural base at this level, which preceded a rally. He suggests that the current market phase reflects a similar setup, describing it as “Cycle 3,” where price is once again approaching this macro support zone.

He stated that if historical patterns continue to hold, this region may serve as the accumulation floor for the ongoing cycle. The analyst also noted that XRP appears to be following a repeating channel structure, reinforcing his argument that the asset remains within a predictable long-term framework.

Ascending Channel and Structural Behavior

The analysis further outlines XRP’s adherence to a long-term ascending channel. Within this structure, price has historically bottomed near the mid-to-lower band and expanded toward the upper boundary during bullish phases. Egrag Crypto observed that the asset is currently revisiting this lower structural region, which aligns with previous cycle behavior.

He emphasized that this pattern reflects consistency in market structure rather than short-term volatility. His conclusion centers on the idea that structural indicators should carry more weight than short-term market noise when evaluating XRP’s trajectory.

Fibonacci Targets and Expansion Scenarios

Egrag Crypto also revisited potential price targets using Fibonacci extension levels, presenting two possible expansion scenarios. The first scenario aligns with the 2021 cycle, suggesting a move toward the 1.618 extension, with a projected range between $6 and $9.

The second scenario mirrors the 2017 cycle, pointing to a more aggressive extension between 2.414 and 2.618, potentially placing XRP in a range of $20 to $25.

He noted that the higher range would depend on stronger liquidity rotation in the altcoin market and increased momentum during later stages of the cycle.

Current Market Structure Outlook

According to the analyst, the present structure suggests a sequence of stabilization near the 100 EMA, followed by a period of sideways accumulation. He expects this phase to precede a breakout above resistance levels, eventually leading to expansion toward the outlined Fibonacci targets.

Egrag Crypto concluded by posing a direct question regarding XRP’s consistency in respecting the 100 EMA across previous cycles, suggesting there is no clear reason to expect a deviation under current conditions. His final remark emphasized a preference for structural analysis over short-term distractions, underscoring the foundation of his outlook.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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