XRP to $50? Popular Analyst Says the Long-Term Dream Is Still Alive

NewsSat, 08 Aug 2026 03:51:35 UTC1 hour ago
XRP to $50? Popular Analyst Says the Long-Term Dream Is Still Alive

Ripple’s native token hasn’t really been able to recapture the traction that culminated in July 2025, when it surged to a new all-time high. It has lost its momentum further in the past few weeks, dipping to $1.02 on Friday.

However, this hasn’t shaken out the conviction of popular market analyst EGRAG CRYPTO, who argued once again that the asset is approaching ‘The Chasm,” a make-or-break phase where patient investors are rewarded while short-term traders capitulate.

Big Price Targets Ahead

EGRAG admitted that his previous expectation for $2.00 to act as macro support failed, but he still believes the broader bullish structure remains intact because the asset is now approaching its 100-week exponential moving average (EMA), which has historically acted as major support in previous bear market cycles.

The ideal scenario moving forward would be for XRP to stabilize somewhere between $0.95 and $1.00, which would be a healthy macro retest before the next leg up. However, he acknowledged the possibility of another, more violent nosedive that could take it further south. Nevertheless, EGRAG doesn’t believe the token will dip below $0.80, a level corresponding to the lower boundary of its long-term ascending channel.

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