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Jake Simmons

Analyst Flags $2.20 As Pivotal XRP Breakout Zone That Could Shift Market Structure

Analyst EGRAG CRYPTO argues that XRP’s recent pullback reflects a compression pattern, not a breakdown, with the key structural trigger now sitting at $2.20 on the monthly chart. He bases his view on XRP’s interaction with the 21-period exponential moving average and outlines potential paths involving a liquidity sweep toward $0.80–$1.00 or a fast reclaim above $1.65–$1.80. In his framework, a decisive move back over $2.20 would signal a renewed expansion phase, while XRP is currently trading around $1.41.