{"id":1234,"date":"2026-03-05T15:17:00","date_gmt":"2026-03-05T15:17:00","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1234"},"modified":"2026-03-05T15:17:00","modified_gmt":"2026-03-05T15:17:00","slug":"analyst-says-xrp-must-break-key-level-to-reverse-bearish-trend","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/03\/05\/analyst-says-xrp-must-break-key-level-to-reverse-bearish-trend\/","title":{"rendered":"Analyst Says XRP Must Break Key Level to Reverse Bearish Trend"},"content":{"rendered":"\n
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XRP is currently attempting to move above the 200 exponential moving average and the 1.55 dollar level. According to market analyst EGRAG CRYPTO, a confirmed weekly close above this point would signal short term strength for the asset.<\/p>\n\n\n\n

Despite the recent attempt to rally, XRP continues to trade within a descending channel that has shaped its price movement for several months. Because of this structure, the broader trend remains corrective unless the token manages to break above 2.20 dollars and shift the overall pattern to a bullish one.<\/p>\n\n\n\n

XRP Attempts to Move Above the 200 EMA<\/strong><\/p>\n\n\n\n

In a post shared on X on March 4, EGRAG CRYPTO explained that XRP is attempting to push above its 200 EMA. However, the analyst emphasized that the price is still moving within a descending channel on the weekly chart.<\/p>\n\n\n\n

According to the analysis, a weekly close above 1.55 dollars would weaken the current downward pressure. A stronger move above 2.20 dollars would invalidate the bearish market structure and could open the door for a rally toward the 2.70 to 3.60 dollar range.<\/p>\n\n\n\n

If XRP fails to regain the 1.55 dollar level, the analyst expects the price to decline toward about 1.26 dollars. There is also the possibility of a deeper move toward macro support between 0.95 and 0.85 dollars. In another update, the analyst estimated a probability of about 55 to 65 percent for a deeper support test and a 35 to 45 percent chance that the asset could break out earlier.<\/p>\n\n\n\n

EGRAG emphasized that market structure should take priority over emotions, noting that the descending channel still defines the overall trend.<\/p>\n\n\n\n

Derivatives Activity Shows Market Cooling<\/strong><\/p>\n\n\n\n

The current technical situation comes as activity in both derivatives and spot markets has declined. Market analyst Amr Taha previously reported that XRP futures open interest has fallen by about 70 percent since October 2025, dropping to around 203 million dollars.<\/p>\n\n\n\n

Data from Binance also shows that open interest on the platform has slipped below 270 million dollars, levels last seen in April 2025 before a significant rally. Historically, such reductions in leveraged positions have sometimes occurred near local market bottoms as excess leverage is cleared, although this does not guarantee an immediate recovery.<\/p>\n\n\n\n

Price Movement Shows a Fragile Recovery<\/strong><\/p>\n\n\n\n

At the time of writing, data from CoinGecko indicates that XRP has risen by about 4 percent in the past 24 hours and roughly 3 percent over the past week after bouncing from a recent low near 1.27 dollars.<\/p>\n\n\n\n

However, the token remains down more than 12 percent over the last 30 days and approximately 40 percent over the past year. It also trades more than 61 percent below its all time high of 3.65 dollars recorded in July 2025.<\/p>\n\n\n\n

The latest recovery has taken place within a 24 hour price range between 1.34 and 1.42 dollars, with XRP\u2019s market capitalization holding near 86 billion dollars.<\/p>\n\n\n\n

For now, traders are closely watching whether the weekly close will hold above 1.55 dollars. A clear move beyond 2.20 dollars would change the current chart structure described by EGRAG. If the price fails to remain above the 200 EMA, the descending channel is likely to remain intact and lower support levels could come back into focus.#cryptonews https:\/\/t.me\/coinsignalpublic<\/a> https:\/\/coinsignals.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

XRP is currently attempting to move above the 200 exponential moving average and the 1.55 dollar level. According to market analyst EGRAG CRYPTO, a confirmed weekly...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1234","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1234"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1234\/revisions"}],"predecessor-version":[{"id":1236,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1234\/revisions\/1236"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}