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EGRAG Crypto maintains XRP target price of US$13, solid double bottom shape

2026-07-09 18:46:26
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EGRAG Crypto maintains its long-term XRP target price of US$13, citing the fact that the cryptocurrency has a complete dual-base structure, a 111-week moving average and support from the super Guobi indicator.

Analysts pointed out that before XRP approaches the expected $13 target, the key levels are $1.42,$3.59,$5.41-$6.69, and $9.09.

EGRAG Crypto said that the expected breakthrough may continue into 2027 and plans to study an independent triple bottom pattern in the next round of analysis.

Cryptocurrency analyst EGRAG Crypto reconfirmed its long-term forecast that XRP is expected to reach US$13 and said the cryptocurrency is continuing to form a macro shape that is highly similar to its previous market cycle.

According to EGRAG Crypto analysis, the latest monthly chart shows that the double bottom structure is still in effect, while the 111-week moving average and super Guobi indicator continue to support the overall bullish outlook, despite the extended consolidation period.

The analyst shared the updated chart on the X platform and explained that his overall forecast had not changed. Instead, he believes the current market structure is unfolding as it did before the explosive rise of XRP in the previous bull cycle. According to EGRAG Crypto, XRP had previously formed a double bottom below the super Guobi indicator, and then started continued upward expansion. He believes the asset is currently developing along a similar path, but the process has not yet been completed and will take more time to take shape.

In addition, analysts pointed to the 111-week moving average as a key macro support level. He noted that XRP continued to gain support in this region, further strengthening his view that the long-term trend remained intact.

EGRAG Crypto points out key price levels for XRP before expected expansion

In addition to emphasizing the overall chart structure, EGRAG Crypto also lists several price levels that may determine the path of XRP before moving towards long-term goals. According to the analyst, the first important milestone is at $1.42. He described this as an early recovery area-if buyers can maintain control above that price point, it will strengthen the overall technical structure.

In addition, EGRAG Crypto identified US$3.59 as the next major macro resistance level. If prices break through this level decisively, it may open up stronger bullish momentum as XRP approaches the higher Fibonacci target. He also forecast an expansion area between $5.41 and $6.69. Further, the chart marks $9.09 as the 1.618 Fibonacci extension, a level that many technical analysts watch closely during periods of major market gains.

#XRP– The Double Bottom Projection – Target$13:This is the updated monthly#XRPchart. The focus remains the same:111W MA + Super Guppy + bottom formationIn the previous cycle,$XRPformed a double bottom below the Super Guppy, then expanded aggressively.…pic.twitter.com/01jA3AUaKD- EGRAG CRYPTO (@egragcrypto)July 8, 2026

At the top of the roadmap, EGRAG Crypto maintained an upper forecast of close to $13.82, although he still broadly calls the target $13. According to the analyst, the white pattern shown on the chart remains unchanged, giving him no reason to change his broader outlook.

Analysts say patience remains key to long-term prospects

It is worth noting that the updated forecast does not mean a rebound is imminent. Instead, the chart shows that the current structure may continue to develop in 2026 until 2027, before a larger expansion begins. EGRAG Crypto emphasized that macro bottoms require patience, as trend reversals often take a long time to complete. He added that trend changes in super Guobi indicators also usually take time to confirm a continued bullish market.

Meanwhile, the analyst revealed that his next chart study will examine an independent triple bottom pattern. While this update focuses on a double-bottom scenario, he noted that the broader market structure may provide another bullish interpretation.

EGRAG Crypto insists that as long as the 111-week moving average continues to provide support and the double bottom structure remains intact, the long-term prospects for XRP remain solid. However, analysts stressed that XRP must regain several key resistance levels before it can continue to move towards the expected $13 target.

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