XRP dipped toward $1.00 after the CLARITY Act was delayed, but at least one analyst remains bullish on its long-term perspective. Ripple’s native token hasn’t really been able to recapture the traction that culminated in July 2025, when it surged to a new all-time high. It has lost its momentum further in the past few weeks, dipping to $1.02 on Friday. However, this hasn’t shaken out the conviction of popular market analyst EGRAG CRYPTO, who argued once again that the asset is approaching ‘The Chasm,” a make-or-break phase where patient investors are rewarded while short-term traders capitulate. Big Price Targets Ahead EGRAG admitted that his previous expectation for $2.00 to act as macro support failed, but he still believes the broader bullish structure remains intact because the asset is now approaching its 100-week exponential moving average (EMA), which has historically acted as major support in previous bear market cycles. The ideal scenario moving forward would be for XRP to stabilize somewhere between $0.95 and $1.00, which would be a healthy macro retest before the next leg up. However, he acknowledged the possibility of another, more violent nosedive that could take it fu...
XRP to $50? Popular Analyst Says the Long-Term Dream Is Still Alive
1 month ago
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