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XRP is trading at $1.38, and analysts believe key decisions at 100 EMA support are coming

2026-09-11 21:38:02

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XRP faces decision at key support level: Analysts elaborate on 100 EMA indicator

Currently, XRP is testing an important technical juncture that has attracted the attention of cryptocurrency analyst EGRAG CRYSTPTO. In its daily chart looking back to 2019, EGRAG CRYSTPTO pointed out that the 100-cycle exponential moving average (EMA) is the main "referee" in determining the direction of XRP prices in the current market environment.

Historical playbook: 100 EMA as key support

EGRAG CRYSTPTO's views are based on the repetitive laws of historical cycles. In a major correction previously experienced by XRP, the asset completed an ABC adjustment structure that lasted 34 K lines for a total of 101 days. When XRP regained its position at 100 EMA, stabilized at this position, and rebounded upwards after another backtest, analysts took this as a signal of confirmation of the bottom.

Currently, XRP's ongoing pullback almost accurately replicates this pattern, also lasting for 34 K lines for approximately 102 days. Analysts pointed out that past and present cycles are highly similar in time and process, emphasizing the current technological symmetry.

"This daily chart sends a very clear signal. In previous cycles, the 100 EMA played a crucial role. The bottom was confirmed when XRP regained its position on the moving average and stood firm, then conducted a backtest and moved further higher. We are now approaching a similar scenario."

Term interpretation: 100EMA

The 100 EMA (100-cycle exponential moving average) is a technical analysis tool that gives higher weight to recent prices over 100 cycles, helping traders identify key support and resistance levels in volatile markets.

Key Price Range: XRP Reaction at $1.38

In the latest analysis from EGRAG CRYSTPTO, XRP is interacting with the 100EMA at the $1.38 price level. This area is marked as a "reaction area" on the chart, and any decisive trend may set the direction for XRP's next phase of price action.

In order to obtain effective confirmation, EGRAG CRYSTPTO said he would like to see the daily close firm above 100EMA, followed by multiple K-lines remaining above this level, followed by backtesting and eventual rebound. He emphasized that just a brief touch of the 100 EMA does not constitute confirmation; analysts insist that this sequence must be completed completely to confirm the macro bottom of the XRP.

Upward Goals and Downward Risks

If the above confirmation sequence is achieved, EGRAG CRYSTPTO sets a first recovery target of $2.27 and a further breakthrough target of $3.85. According to its analysis, reaching this high will mark a new all-time high for the digital asset.

Scenario Price Target Condition Description Bullish Breakthrough $2.27 (next recovery target)/ $3.85 (macro breakthrough) The daily line closed above 100 EMA, stabilized, backtested, and rebounded Failed to hold 100 EMA $0.95-$1.00 (possible last macro decline) 100EMA not confirmed

If the XRP is not confirmed and loses support from 100 EMA, EGRAG CRYSTPTO warns that prices could still fall to the $0.95 to $1.00 range. The region is marked as probable "last macro decline" in the current adjustment structure, which could be a potential opportunity for traders who have previously missed out on the price region.

Historical parallels look quite strong, and XRP now faces decisive days on the daily chart as it tests this key support level.

Ripple is a San Francisco-based technology company and creator of XRP tokens. XRP aims to promote fast, low-cost cross-border payments through decentralized blockchain XRP Ledger. The price of this asset is influenced by a combination of technical market factors and continued development within the Ripple ecosystem.

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