XRP risks falling to $1 as Egrag Crypto signals key support at $1.07

Crypto analyst Egrag Crypto has cautioned that XRP could soon decline toward $1 after failing to hold the $1.18 level, which he previously flagged as a critical support zone. In his latest analysis, Egrag Crypto described the recent price movement as the worst-case scenario from his earlier chart studies. He noted that his preferred outlook was for XRP to rebound from $1.18, but the market continued lower, missing this projected recovery. According to the analyst, XRP is approaching a major ascending support trendline, with $1.11 and $1.07 identified as the last significant areas where buyers may try to prevent further losses. The range between $1.11 and $1.07 is seen as the final potential support before a more pronounced move downward.

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