XRP Investors Bracing for Possible Correction as Analyst Warns of $1.50-$1.60 EMA Test

Crypto analyst ChartNerd is warning XRP investors to be prepared for a possible correction after the cryptocurrency reaches the 50-week exponential moving average (EMA) in the $1.50 to $1.60 area.

The analyst compares XRP's current market structure to its 2022 setup, highlighting similarities between the two periods.

XRP recorded an approximately 90% move after the 2022 bear-market low before reaching the 50-week EMA and subsequently corrected by roughly 45% toward the area from which it had broken out.

ChartNerd believes XRP has followed a comparable sequence in 2026, with the cryptocurrency losing the 50-week EMA, retesting as resistance, and moving lower after forming another death cross.