XRP's Six-Month Slump Hits 2014 Levels—Analyst EGRAG Just Shrugs and Says 'I'll Buy More'
XRP just logged its sixth consecutive monthly loss, and crypto Twitter is definitely not panic-selling. Actually, wait—yes they are. But analyst EGRAG Crypto? He's apparently just getting started, probably pouring another coffee and staring at charts with the calm energy of a monk who just saw his portfolio go up in smoke.
The asset dropped 2.63% in March 2026, marking its longest monthly losing streak since 2014. Since the decline kicked off in October 2025, XRP is now down 26% year-to-date. The $1.1 floor? That's the lowest we've seen this cycle. Some analysts think it could go lower—possibly between $0.7 and $0.9. For those keeping score at home, that's a discount larger than most altcoin Discords during a bear market.
So what's EGRAG's grand plan during this glorious downtrend? Simple: sell into strength during any rallies, and accumulate more if prices keep dropping. Revolutionary stuff. Basically, he's doing the opposite of what your uncle does at Thanksgiving dinner when he tells you about his "guaranteed" penny stock picks.
"No breakout means no confirmation, no confidence, and no chasing price," EGRAG noted, explaining why he didn't call for continuation when XRP hit $2 earlier this year. Fair enough—the asset briefly touched $2.41 in early January (a 31% pump in under a week) before promptly dumping 45.6% from those highs. For those counting, that's a roundtrip faster than a degen's life savings through a Telegram pump group.
The macro bottom? Still unconfirmed, according to EGRAG. Those recent price bumps? "Temporary relief rallies," not trend reversals. XRP would need to reclaim $2 on a monthly close to even start
Mentioned Coins
Share Article
Quick Info
Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.
See our Terms of Service, Privacy Policy, and Editorial Policy.