Why hold XRP? EGRAG Crypto's technical analysis questions the sales at current levels

Recent volatility has sparked intense debate regarding XRP's short-term prospects. The asset has contracted by 8% over the past week and is currently trading at $2.06, representing a decline of approximately 49% from its July high of $3.65. This movement has fractured the consensus among market participants, fueling doubts about whether we are facing a deep trend reversal or simply a temporary pullback.

In this uncertain scenario, technical analyst EGRAG Crypto has taken a contrarian stance: he argues that unwinding positions at current levels lacks solid technical justification, regardless of whether the market continues upward or transitions into a prolonged bearish phase.

Even in a bearish environment, premature selling remains suboptimal

EGRAG contends that even if the market has indeed entered a bearish phase, liquidating now would paradoxically be the worst timing possible. His reasoning is based on an empirical observation: bear cycles never decline in a straight line. Historically, after periods of pressure, markets tend to generate technical relief rallies that temporarily break the downward trend.

During these rebound phases, significantly more favorable exit windows emerge than those available when selling pressure dominates. If the bearish control were fully established in the structure, XRP could still register an upward rally before any further decline. Selling during the current weakness exposes investors to missing opportunities if the price recovers in the short term.

The current move: emotional correction, not structural break

The analyst characterizes the decline as an episode driven more by psychology than by a fundamental breach in technical fundamentals. Fear has taken over decision-making, an emotional state that historically has not coincided with optimal conditions for executing strategic sales.

EGRAG notes that experienced and sophisticated traders tend to channel their positions during periods of collective exuberance, not when caution and pessimism prevail. The chart shows that the recent movement responds more to a relief correction than an irreversible structural failure. Even those with bearish outlooks could identify better exit points in the future if the market stabilizes or rebounds.

The long-term context: historical cycles of accumulation and bullish explosion

Beyond short-term analysis, EGRAG emphasizes XRP's long-term history. Previous prolonged consolidation phases have invariably been followed by substantial advances once critical resistance levels are broken. Historical records document multiple instances where extended accumulation preceded significant bullish movements.

XRP has traded below its previous all-time high of $3.84 for several years, marking one of its longest consolidation stages. Extrapolating from past cycles, EGRAG estimates that a confirmed breakout could generate exponential gains relative to current levels. His long-term projection suggests a potential move toward $27 under constructive market conditions.

Conclusion: The hasty seller misses opportunity

EGRAG Crypto's analysis condenses to the idea that liquidating XRP at current prices lacks robust technical justification. By examining the chart structure, market psychology, and historical patterns, he argues that maintaining exposure presents a more rational risk profile than capitulating amid prevailing uncertainty.