XRP Could Dip to $1 Before Long-Term Rally, Says EGRAG CRYPTO

BitcoinWorld XRP Could Dip to $1 Before Long-Term Rally, Says EGRAG CRYPTO Cryptocurrency analysis firm EGRAG CRYPTO has suggested that XRP may undergo a pullback to the $1–$1.1 range before resuming its long-term upward trajectory.

The firm highlighted the 300-week moving average, currently near $1.03, as a critical support level that could determine the token’s next major move.

Historical Pattern and Support Levels EGRAG CRYPTO drew parallels to the 2020–2021 cycle, when XRP retested the 300-week moving average before rallying from approximately $0.17 to $1.96.

The analyst firm believes that a similar retest could set the stage for another significant price appreciation, provided the support level holds. The $1–$1.1 zone is seen as a potential accumulation area, where buyers may step in to defend the moving average.