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EGRAG CRYPTO says XRP could correct to $1 before resuming long-term uptrend

August 31, 2026, 10:15 AM
Crypto analysis firm EGRAG CRYPTO said XRP could pull back to $1-$1.1 before extending gains. The firm said the 300-week moving average, now around $1.03, is a key support level, and if XRP holds that range and rebounds, it could follow a rally pattern similar to 2020-2021. It noted XRP rose from about $0.17 to $1.96 after retesting the 300-week moving average during that period. EGRAG CRYPTO added that if XRP reclaims $1.65 and breaks through resistance at $2-$2.8, it could rise to $15, $27 and as high as $50 over the long term.

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