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Egrag Crypto Reveals Classic XRP Trap That Could Trigger Next Breakout

Egrag Crypto Reveals Classic XRP Trap That Could Trigger Next Breakout

TimesTabloid2026/08/18 17:03
XRP-0.16%

Historically, this moving average compression has followed major declines and preceded macro bottoming structures. The pattern is drawing attention now because the conditions for a reversal may be taking shape.

The Zone to Watch

EGRAG CRYPTO identifies $0.93 to $1.00 as the key zone to watch. Several factors concentrate around that range. The $1 level carries psychological weight for XRP. Liquidity sits below the current price, and lower channel support runs through that area. Together, these elements make it a logical zone for a final shakeout before any sustained move higher.

Moon Lambo reinforced this view in his video. He noted that liquidity below the current price is something he had been discussing for days. He said a wick into that zone won’t be scary to those who understand what is happening technically.

The Setup the Analyst Prefers

EGRAG CRYPTO laid out his preferred scenario: a wick into $0.93 to $1, a reclaim of $1, and then a reversal upward. He described this as “the classic trap.” Late bulls get shaken out, late bears enter the position, and then the price moves higher.

He also addressed the possibility that XRP does not wick lower at all. If XRP reclaims structure early without visiting that zone, he considers that outcome even more bullish. Both scenarios point in the same direction. Either a wick provides the entry opportunity, or the absence of one signals strength already taking hold.

A Bottoming Phase, Not a Breakdown

EGRAG CRYPTO was clear in his overall read. “I see this as a bottoming phase, not a breakdown,” he wrote. Moon Lambo echoed that sentiment. He told his audience that people who lack technical knowledge may panic if XRP dips into that zone. Those who understand the structure will recognize it as an opportunity.

What Comes Next?

The question EGRAG CRYPTO puts forward is not whether XRP will recover. His question is whether the market produces one final wick before the move begins. That distinction matters for positioning. A dip to $0.93 to $1 followed by a reclaim would, in his view, represent a textbook reversal entry.

EGRAG CRYPTO’s chart shows a projected path upward following the bottoming structure, with his “Yellow Range” between $1.62 and $2.30 as the next area of interest above current price levels.

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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