A market analyst has revealed that the XRP inverted chart points to an imminent crash, but things take a bullish turn when you flip the chart upside down.
This commentary came from EGRAG Crypto, a well-known market watcher, amid XRP’s latest rebound effort, which has seen the crypto asset recover the $2 psychological mark. Specifically, XRP has gained nearly 30% over the past six days of 2026, now changing hands at $2.37.
However, EGRAG believes XRP still has more room for further growth. Interestingly, in his latest analysis, he employed an unusual approach by looking at XRP’s 1-month chart from an inverted point of view. According to him, this inverted chart suggests that XRP could be heading for a price crash.
Nonetheless, when viewed correctly by turning it upside down, EGRAG pointed out that the chart indicates something more “powerful.”
The XRP Inverted Chart
For context, data from the inverted chart shows that whenever XRP breaks a crucial “support” level, what follows is a massive crash. This trend, which played out in 2017, led to EGRAG’s suggestion of an imminent crash.
However, when he flips the chart upside-down, the real story emerges. Specifically, the analyst’s suggestion of a break below support actually entails a break above resistance. In truth, the pattern indicates that whenever XRP breaks above a stubborn resistance mark, the next move is a powerful upsurge.
For instance, in Q4 2014, the XRP price engineered an impressive rally from November of that year, but met resistance at the stubborn roadblock around $0.028 by December 2014. This capped the upside momentum and led to a retracement that pushed XRP to a low of $0.00414 by November 2015.
However, after XRP retested the $0.028 resistance in 2017, it broke above it in April 2017, and this gave way to an explosive run, which met another resistance at $0.25 from Q2 to Q4 2017.
When XRP breached this second resistance in December 2017, its price soared to the $3.31 peak in January 2018. Data from EGRAG’s chart indicates that the $3.31 peak represented an over 7,000% increase from the first roadblock at $0.028. Meanwhile, it marked a 1,200% rise from the second resistance at $0.25.
XRP Price Targets After $2 Breach
Most recently, XRP faced another stubborn resistance at the $2 price mark. Notably, this $2 level acted as an important point of interest throughout 2025, with XRP occasionally pushing above it and also dropping below it. In Q4 2025, XRP decisively collapsed below $2. However, the tables have turned in 2026, and EGRAG believes another explosive surge could emerge.
According to his chart, XRP has two possible targets beyond this $2 region. Specifically, the first target sits at $27, which represents a 1,200% increase from $2. Meanwhile, the second target stands at a massive $150 price, which would replicate the 7,000% rise in 2017.
Notably, EGRAG suggested that the base case rally from this resistance would push XRP to a range of $24 to $30. He believes this scenario has a 60-65% probability of playing out in the next 6 to 18 months. Meanwhile, the extension target ranges from $80 to $150, which has a 20-25% probability of playing out.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
