What Would Be the Major Regret for XRP Investors, Expert Outlines
XRP is trading near $1. To most investors, that price level reads as a loss. However, crypto analyst EGRAG CRYPTO sees it as an entry point.
In his analysis, he boldly stated that investors would regret not buying XRP at $1 and later ask him if $3.65 is a good entry price.
He identified a potential Wave 2 bottom in XRP’s Elliott Wave count. The daily chart shows XRP retesting what the analyst calls a Fair Value Gap (FVG) between $1 and $1.04. This zone is the critical demand area in his analysis.
The Line in the Sand
He identifies $0.98 as the immediate line in the sand. A close below the Wave 1 origin near $0.99 would, by his count, invalidate the digital asset’s Elliott Wave structure.
The chart shows a descending trendline projecting forward into early 2027, with price action expected to compress further before any reversal. The data on the right side of the chart shows significant liquidity clustered between $1 and $1.50, reinforcing the technical significance of the current price range.
The Price Targets
The analyst lays out a clear sequence of levels XRP must reclaim for his bullish thesis to develop. The first targets are $1.17, then $1.25, then $1.51. If Wave 2 holds and XRP begins an impulsive move higher, he projects an initial target range of $2.17 to $2.22. An extended Wave 3, in his count, could reach $2.65.
The chart also marks $1.50 as a key level, with $1.4846 shown as a significant horizontal resistance. The 0.786 Fibonacci level sits near $1.6731 on the chart, and the 0.618 level is plotted near $0.9229, sitting just below his invalidation threshold.
Sentiment As A Signal
Beyond the technical structure, EGRAG CRYPTO makes a behavioral observation about investor psychology at turning points. He writes, “When you feel stupid buying, that’s when you should study the opportunity.” He follows that with the inverse: “When everyone feels like a genius, that’s when I start thinking about selling.”
At $1, XRP feels uncomfortable to buy. He sees that discomfort as confirmation of a buying opportunity.
Where the Risk Sits
The Wave 2 count fails if price closes below the Wave 1 origin near $0.99. That level is the boundary between his bullish scenario and a structural breakdown. Traders watching this setup need to treat $0.98 to $0.99 as the deciding zone.
The current price is $1.0172. The next move will determine whether this Elliott Wave count develops or gets invalidated entirely.
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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