XRP Price Targets Soar: Egrag Crypto Sees $50 Potential Ahead

Crypto analyst Egrag Crypto suggests that XRP may be nearing a retest of its 300-week moving average (MA), an important level for determining its broader bullish structure.

The 300-week MA is currently around $1.03 and continues to rise over time, according to Egrag's chart.

He believes that if XRP revisits the $1.00-$1.10 area, trades around it, and subsequently reclaims the 300-week MA, it could provide the macro confirmation he is waiting for.

Egrag also highlights several price levels that he believes could become important if the moving-average structure remains intact, including $1.65 as the first major level to reclaim and the $2.00-$2.80 region as structural resistance.