Crypto analyst EGRAG CRYPTO (@egragcrypto) has published a comprehensive long-term technical analysis of XRP, revealing a developing structure that indicates the asset may be standing at the threshold of its most substantial price movement to date.
Covering a timeline from 2017 to a projected 2032, the chart combines multiple technical methodologies to make the case that XRP is moving into Wave 3 of a major Elliott Wave sequence. His message to anyone capable of reading it is straightforward: “If you understand the Elliott Wave structure, you’re one step ahead.”
The Wave Count
Elliott Wave Theory breaks down price action into five-wave impulse cycles. The analyst applies this concept across two degrees simultaneously. The broader framework highlights a completed five-wave cycle that found a bottom near 2020. A brand-new five-wave impulse is currently taking shape inside Wave 3 of that larger sequence, representing what he calls the biggest Wave 3.
XRP currently exchanges hands around $1.25, hovering just above the $1.10 mark that the analyst highlights as a vital near-term foundation. A deeper level of support rests at $0.95. Fibonacci ratios displayed on the chart dictate the boundaries of each wave: Wave 3 extends to 161.8% of Wave 1, while Wave 4 experiences a retracement between 14.6% and 38.2% of Wave 3.
#XRP – WAVES WITHIN WAVES: ARE YOU READY FOR THE BIGGEST WAVE 3⃣?
IF YOU CAN READ THIS CHART, YOU KNOW WHAT COULD BE COMING!
If you understand the Elliott Wave structure, GREAT! YOU'RE ONE STEP AHEAD!
CLICK THE LINK BELOW FOR MY FULL DETAILED BREAKDOWN!
LINK
:… pic.twitter.com/D4pTYedfSC
— EGRAG CRYPTO (@egragcrypto) November 1, 2026
Two Target Zones
The chart segments the forecasted trajectory into two distinct zones. The “Most Possible Region” targets an XRP valuation between $11 and $13, whereas the “High End Region” stretches from $23 to $27. Meanwhile, a “Most Sell-Off Region” close to $5.43 identifies an area where heavy selling pressure is anticipated prior to the final wave driving prices higher.
Positioned at $16.53 and marked as “ONLY FEW,” EGRAG CRYPTO indicates that most market participants will likely cash out before XRP achieves this milestone. This price point reflects a roughly 1,750% surge from present levels, implying that holding conviction at that threshold will be limited to a select few.
The Supporting Structures
The Elliott Wave count is reinforced by additional technical indicators. A prominent white curved line sweeps across the lower portion of the chart, mapping XRP’s multi-year downturn and subsequent recovery spanning from 2017 to 2021. This design forms EGRAG CRYPTO’s Nike Swoosh pattern, a configuration he has repeatedly utilized across various cycles to pinpoint long-term accumulation zones.
Furthermore, two Measured Move indicators project past price oscillations forward to substantiate target areas, while multiple diagonal trend lines form an ascending channel that has encapsulated XRP’s price movement since 2017, with the cryptocurrency currently positioned near its bottom boundary.
The Timeline
The unfolding of the Wave 3 structure is mapped between 2025 and 2029, with the complete cycle wrapping up around 2031 to 2032. Sub-waves contained within the orange box on the chart are already labeled to outline the expected fluctuations throughout the move, providing followers with a structured roadmap as the pattern develops.
Frequently Asked Questions
What is the main prediction made by analyst EGRAG CRYPTO regarding XRP?
The analyst’s long-term technical analysis suggests that XRP is entering Wave 3 of a major Elliott Wave sequence, indicating the asset may be at the start of its most significant price move yet.
What are the critical price support levels for XRP mentioned in the analysis?
XRP trades near $1.25, sitting just above a critical near-term base of $1.10, with a deeper support floor established at $0.95.
What are the target price zones projected for XRP?
The forecast outlines a “Most Possible Region” between $11 and $13, a “High End Region” from $23 to $27, and a “Most Sell-Off Region” near $5.43 where high selling pressure is expected.
When is the Wave 3 structure expected to play out?
The Wave 3 structure is projected to unfold between 2025 and 2029, with the broader cycle concluding around 2031 to 2032.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about Cryptocurrency
Written by
Elara Winter
