Analyst Reveals His Plan if XRP Weakness Persists

As the current XRP downtrend persists, a prominent analyst has shared his plan for the bear market, especially if prices drop further.

XRP has entered a prolonged period of weakness, recording its sixth straight monthly loss, the first such streak since 2014, after a 2.63% drop in March 2026. The decline, which began in October 2025, has pushed the asset down 26% year-to-date.

Amid this pressure, analyst EGRAG Crypto says the downtrend is still in place. He has shared how he plans to handle the current bearish market situation, but maintains that his $15 to $50 target remains unchanged.

Key Points

• XRP has now recorded six consecutive monthly losses after its 2.63% drop in March 2026.
• While the $1.1 floor has marked XRP’s lowest price in this cycle, projections still point to a possible drop below $1.
• EGRAG plans to sell into strength during recoveries and accumulate more if prices decline further.
• XRP would have to engineer a monthly reclaim of the pivotal $2 mark to be able to shift the trend.
• The long-term targets of $15, $27, and $50 remain intact, requiring a 1,000% to 3,700% surge.

XRP’s Initial Run to $2

In his recent analysis, EGRAG said he does not guess market moves, but waits for signals before taking action. According to him, when XRP traded at $2, he chose not to call for a continued rally because the market had not confirmed a breakout. He stressed that no breakout means no confirmation, no confidence, and no chasing price.

For context, at the start of 2026, XRP tried to recover from its broader decline. Specifically, it moved up from $1.84, regained $2, and climbed to $2.41 by January 6, a 31% rise in less than a week. At the time, many analysts believed the upward move could continue.

However, XRP failed to close above a rising support trendline that had already turned into resistance in December 2025. After the broader market lost strength following the Jan. 6 peak, XRP dropped again. Since then, it has fallen 45.6% from $2.41, as the downtrend continues for another three months.

XRP Structure Indicates More Downside Risk

Speaking further, EGRAG pointed out that the macro bottom is still not confirmed, urging traders to be careful. He noted that recent price increases represent temporary relief rallies, not strong signs of a reversal. To him, XRP must reclaim $2 on a monthly close before it can confirm any real change in trend.

Notably, on Feb. 6, XRP dropped to $1.1, marking its lowest price since the downtrend began. While most traders have suggested that this could mark the bottom, especially considering XRP’s quick rebound from there, EGRAG insists that the market has not confirmed that level as a true low.

Interestingly, other analysts, including Casi and Chart Nerd, also align with EGRAG’s views. They believe XRP could drop below $1, possibly reaching between $0.7 and $0.9, which suggests the market may still have more room to fall.

XRP Trading Strategy and Long-Term Targets Remain Firm

EGRAG also discussed how retail traders often react to price changes. He noted that some sold XRP around $2.60 and now feel too uncertain to buy back at lower prices because sentiment has turned negative. According to him, this pattern leads many to sell in fear, miss opportunities, and then buy back later at higher prices.

Notably, he takes a different approach. He says he already sold some of his holdings at $3, following his plan rather than reacting to emotions or outside opinions. Now, if prices drop further, he plans to buy more, as he believes he understands both the market structure and XRP’s long-term value.

Despite the current weakness, EGRAG has not changed his targets. He still expects XRP to reach $15, $27, and $50+, aligning with the uppermost ascending trendline on his chart, which he calls “Chasm.” From the current price of $1.31, this would mean gains of about 1,045% to reach $15, 1,961% to reach $27, and 3,716% to reach $50.