Egrag Crypto Updates Descending Broadening Wedge Analysis for XRP

Crypto analyst Egrag Crypto recently revisited his significant XRP call from December 2025. He shared an update on the descending broadening wedge analysis and asked if the structure played out like a 'masterpiece.' The original chart plotted targets of 43% and 57% within the pattern.

By July 2026, XRP's price had reached the lower boundary of the wedge. Moon Lambo Breaks It Down explained that Egrag Crypto stopped short of calling a definitive bottom in his analysis. The analyst indicated it was possible to see an extra dip below $1.

Moon Lambo noted that the formation held, and followers would expect a notable continuation to the upside, 'way higher.' He also stated that XRP will eventually get back to all-time highs and experience true price discovery for the first time in almost a decade.