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    Home»Cryptocurrency»XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline
    Cryptocurrency

    XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline

    CryptoGateBy CryptoGateOctober 14, 2025No Comments3 Mins Read
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    XRP drops 18% in every week as analyst EGRAG CRYPTO rejects main alternate information, units $1.40 as new chart baseline amid market uncertainty.

    XRP is buying and selling at $2.43 at press time, down 7% up to now 24 hours and 18% during the last week, in accordance with CoinGecko.

    A crypto analyst has raised considerations about worth inconsistencies throughout exchanges and introduced a shift in how XRP charts can be interpreted going ahead.

    Analyst Rejects Alternate Information, Chooses New Worth Supply

    Crypto analyst EGRAG CRYPTO says worth information for XRP is distorted throughout main platforms. They famous seen variations between exchanges like Binance, Bitstamp, Poloniex, and Coinbase—particularly throughout latest unstable strikes.

    #XRP – Chart and Information Distortion ⁉️‼️ :

    The under publish is created to seek out the perfect chart to make use of for a long-term view of #XRP any longer. Thus far, we’ve seen distortions within the information, and I need to maintain issues clear with out too many conflicting numbers.

    Any further, I’ll solely… pic.twitter.com/XCIPvwcrQ3

    — EGRAG CRYPTO (@egragcrypto) October 14, 2025

    To keep away from conflicting indicators, the analyst acknowledged they may now rely solely on the “Crypto Information Set,” which averages costs from high exchanges. They stated this supplies a extra secure and constant view of XRP’s worth. In line with their newest publish, $1.40 will function his new baseline for long-term evaluation.

    “Based mostly on the latest market manipulation, the low for XRP was $1.40, and that can be my baseline transferring ahead.”

    ERGAG additionally stated he gained’t embrace chart information from the beforehand talked about platforms till additional discover.

    Key Chart Ranges and Breakdown Defined

    The analyst additionally discussed a technical setup exhibiting a descending triangle. Based mostly on that construction, they stated XRP ought to have dropped to $2.14, however the worth is presently holding between $2.40 and $2.60.

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    ERGAG defined that $2.65 stays an vital stage to interrupt. If XRP fails to carry above $2.00, they stated they’d rethink their bullish view.

    “I’ll be genuinely involved in regards to the integrity of this cycle if we begin closing 3-day candles under $2.00 and $1.91.”

    Futures Market Exhibits Cooling Curiosity

    XRP futures open curiosity has dropped to $4.15 billion, down sharply from over $9 billion earlier this month. This decline mirrors the latest worth plunge and means that many merchants have exited or lowered their positions.

    Supply: Coinglass

    Notably, the chart exhibits that open curiosity and the worth have moved in sync. As XRP slipped below $2.50, open curiosity additionally fell—indicating that positions had been possible closed or liquidated. This factors to lowered speculative exercise within the brief time period.

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