Currently, XRP is trading at $1.39, nearing the most significant structural convergence zone identified by crypto analyst EGRAG CRYPTO since the last major cycle bottom.
In an analysis shared on March 12, EGRAG CRYPTO views the current correction as the latest iteration of a pattern rather than a simple decline. This pattern has repeated in every major XRP cycle since 2017.
EGRAG CRYPTO's monthly chart, based on Poloniex data dating back to 2014, overlays a long-term upward trend line that has acted as a bottom line during each significant expansion phase in XRP's history. The analyst notes that since the breakout in 2017, each notable price expansion has been accompanied by a descending corrective structure, which has consistently returned to the upward trend line before the next rally.
Convergence Zone and Its Importance
The bottom accumulation zone identified by EGRAG CRYPTO is located between $0.95 and $0.80. At the current price of $1.39, this range is approximately 30% to 42% away from the current price. This indicates that the analyst does not expect an immediate bottom but is outlining the area where the macro bottom is most likely to form if selling pressure continues. Within this range, three distinct structural elements converge: the 21-day Exponential Moving Average (EMA), the 50-day EMA, and the 100-day EMA are converging towards this zone; the upward macro trend line supporting XRP since the 2015 low crosses through this area; additionally, this zone overlaps with historical liquidity areas where significant buying absorbed previous declines. EGRAG CRYPTO believes that when so many independent structures overlap in the same price area, the probability of forming a meaningful bottom significantly increases.
Time Reset, Not Just Price Reset
EGRAG CRYPTO's analysis differs from a simple support call by adding a time dimension. The analyst explicitly frames the current phase as a time-based reset, suggesting that the market may require more honing, compression, and setbacks before the next expansion begins, regardless of whether the price quickly or slowly reaches the $0.95 to $0.80 range. Based on the historical rhythm of XRP cycles, EGRAG CRYPTO anticipates that the bottom formation process could be completed between the second and third quarters of 2026. The dashed vertical line visible on the chart reflects this time estimate.
This means that even if the price finds support in the identified convergence zone before then, the structure may still require additional time to build a foundation before regaining momentum. In this framework, finding a bottom is a process, not an event.