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Egrag Crypto detects bullish divergence from XRP and sets next price to focus on

2026-08-23 00:49:37
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XRP has risen from US$1 to approximately US$1.60 since Egrag Crypto (@ gragcrypto) spotted a bullish divergence. His latest chart shows the asset is rebounding from divergence territory, while the RSI is showing a higher low pattern. The analyst believes that bullish divergences will precede the momentum shift, followed by price expansion. As XRP approaches the next major resistance level, the latest price movements make the sequence more convincing. The chart shows that XRP is currently around $1.34, and the direct technical focus is shifting to the $1.58 to $1.60 range.

The next test for XRP

The $1.58 to $1.60 region is the next important area of resistance on the chart. XRP needs to break through this area to continue the rebound that started around $1. Analysis from EGRAG CRYSTPTO sets $1.96 as the next important level above that resistance. A break above $1.96 would strengthen its Wave 3 argument.

Elliott wave structure on

chart marks recent lows as Wave 2. Subsequently, the predicted path indicates that Wave 3 will advance to higher levels.

#XRP-Bullish Divergence Appearing #

: A few days ago, the chart showed this setting:

Prices are fluctuating lower

RSI is building higher lows

Seller momentum is weakening below

That is the early signal.

Now,#XRP has responded from the divergence area and... -- EGRAG CRYSTPTO (@ gragcrypto) August 21, 2026

Important levels to focus on

The $3 to $3.60 area is another key milestone. The chart places this area near the high point of previous Wave 1. A breakthrough of $3.60 would mark a significant advance in the structure outlined by the analyst and put XRP just below its all-time high of $3.65.

His chart also shows higher levels of Fibonacci expansion at $6.42,$13.38,$22.55,$29.63 and $43.83, respectively. These goals form part of a larger Elliot wave forecast. The analyst also mentioned that once XRP breaks through $3.60, there may be a 20-fold macro argument. This makes the region particularly important in his long-term outlook.

RSI took the lead, followed by

RSI remains at the core of the current trend. EGRAG CRYSTPTO emphasized that "the RSI sent the signal first", while the XRP subsequently rose from divergence territory. The next stage will depend on how prices progress at the levels shown in the chart.

Moving towards the US$1.58 to US$1.60 range will bring the first major test. Breaking through $1.96 will strengthen the Wave 3 structure. A break through the $3 to $3.60 range for XRP will open a path to a higher Fibonacci target on the chart.

This sequence has begun with bullish divergences, momentum shifts, and price surges. How XRP behaves near the next resistance level will determine how the predicted wave3 structure develops.

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