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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

    Team_SimonCryptoBy Team_SimonCryptoOctober 14, 2025No Comments3 Mins Read
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    XRP drops 18% in every week as analyst EGRAG CRYPTO rejects main trade knowledge, units $1.40 as new chart baseline amid market uncertainty.

    XRP is buying and selling at $2.43 at press time, down 7% previously 24 hours and 18% over the past week, in accordance with CoinGecko.

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

    Analyst Rejects Change Information, Chooses New Worth Supply

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

    #XRP – Chart and Information Distortion ⁉️‼️ :

    The under put up is created to search out the most effective chart to make use of for a long-term view of #XRP any longer. Up to now, we’ve seen distortions within the knowledge, and I need to maintain issues clear with out too many conflicting numbers.

    To any extent further, I’ll solely… pic.twitter.com/XCIPvwcrQ3

    — EGRAG CRYPTO (@egragcrypto) October 14, 2025

    To keep away from conflicting indicators, the analyst acknowledged they are going to now rely solely on the “Crypto Information Set,” which averages costs from prime exchanges. They stated this gives a extra secure and constant view of XRP’s value. In response to their newest put up, $1.40 will function his new baseline for long-term evaluation.

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

    ERGAG additionally stated he received’t embrace chart knowledge 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 value is at present holding between $2.40 and $2.60.

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    ERGAG defined that $2.65 stays an necessary degree to interrupt. If XRP fails to carry above $2.00, they stated they might 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 Reveals 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 current value plunge and means that many merchants have exited or diminished their positions.

    Supply: Coinglass

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

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