 
 
XRP has entered what the EGRAG Crypto analyst calls the “face melting phase,” a period that he says will test belief before any meaningful upward expansion.
According to his latest outlook, even a continuation of a projected downward path may present an opportunity for generational accumulation rather than a structural breakdown. The analyst insists that the underlying principle is that meaningful gain first requires enduring discomfort.
Egrag has consistently framed XRP’s current price action as a macro reset within a broader long-term expansion. In a previous comment, he stated that the structure and number of waves remain unchanged, identifying $0.85 as the zone of wave two capitulation.
Under EGRAG, the third wave usually gives a strong breakthrough. The analyst initially identifies expansion targets of $11 to $13, then $23 to $27 as a potential upside range, and $100 as a downside risk if liquidity conditions shift to risk assets. EGRAG says that 2026 is an unstable year, designed to shake the weak hand rather than undermine the broader structure.
However, data from CoinMarketCap shows that short-term price action remains volatile. XRP recently fell 9.1% from $1.42 to $1.30, after high volume dropped from support at $1.36 and selling activity during the surrender phase saw an average of more than 170% above average.
 
Furthermore, the short pullback to $1.33 was quickly rejected, confirming the highs and strengthening, with $1.36 to $1.37 acting as resistance. Traders are monitoring $1.30 as immediate support, with a stop loss between $1.20 and $1.22. XRP is trading at $1.37 at press time, down 2.14% in 24 hours, in line with Bitcoin’s move.
Meanwhile, PNC Bank’s partnership with Coinbase to expand access to digital assets to millions of users is cited as evidence of growing institutional integration, strengthening XRP’s position in global payments and liquidity infrastructure.
