Egrag Crypto Identifies XRP’s Key Support Levels with Linear Regression Analysis

Crypto analyst Egrag Crypto presents a detailed analysis of XRP using linear regression, highlighting key support levels and potential price trajectories. His research utilizes both a zoomed-in chart with a logarithmic scale and a broader macro view to identify crucial price points for XRP’s market trajectory. Notably, Egrag identifies $3.65 as the decisive breakout point, and a subsequent close above this level could trigger price discovery. He also notes $2.90 as key support, emphasizing its importance in maintaining the bullish setup. Additionally, he highlights several defense levels: $2.65 and $2.33 are critical to avoid bearish pressure, with a final threshold of $1.90 acting as a bear market indicator if breached. His analysis reveals strong connections between historical cycles and current market trends, suggesting potential for another major XRP price movement. Egrag Crypto’s detailed analysis provides valuable insight into the technical positioning of XRP within both short-term and long-term contexts.