XRP’s Double Horn Warning. Here’s What This Analyst Said

On September 27, crypto analyst EGRAG CRYPTO (@egragcrypto) published a weekly XRP chart exclusively for his subscribers. The price was trading around $1.54. He identified a pattern he called “double horns” forming at $1.55 to $1.60.

Two consecutive wicks at the same resistance level. He warned it signaled a correction or worse. Subscribers had the analysis before the move happened. XRP then dropped to around $1.32, and he has drawn attention to his analysis.

EGRAG CRYPTO returned to that September 27 chart to confirm the call played out. The double horn formation produced roughly $0.23-$0.28 of downside, depending on entry. For traders who acted on his warning, that represented a significant short opportunity.

Remember my September 27 SUBSCRIBERS chart?

I warned about the DOUBLE HORNS around $1.55–$1.60!

What the Chart Showed

The September 27 chart placed XRP inside a large symmetrical triangle on the weekly timeframe. The macro structure pointed bullish long-term, with Fibonacci extension targets reaching as high as $31.63. The analyst identified $1.05 to $1.15 as a major buying zone if price pulled back that far while the triangle held.

He also noted that weekly acceptance above $1.65 to $1.70 would shift focus back to bullish expansion. His concern was a weekly close below the triangle’s lower boundary. He warned that would “turn a healthy retracement into something much deeper.”

Macro vs. Micro

EGRAG CRYPTO separated his outlook into two timeframes on the original chart. He labeled the macro view as bullish and the micro view as requiring caution. That separation is what allowed him to flag short-term downside risk while maintaining a bullish long-term position. He did not commit to one-directional call. He prepared for both.

His methodology is the same as he has always emphasized. He believes the structure is more important than opinions, bias, or other market noise.

Where Things Stand

The analyst describes his approach as providing “multiple scenarios, multiple timeframes, multiple entry zones, multiple exposure strategies” and “MACRO + MICRO perspectives.” The XRP drop toward $1.32 served as a live example of that system working as intended.

The macro triangle structure remains the key variable. If it holds, the buying zone at $1.05 to $1.15 stays relevant. If price reclaims $1.65 to $1.70 on a weekly close, the short-term bearish signal loses relevance entirely. EGRAG CRYPTO’s position remains bullish on the macro timeframe.

The double horn correction, in his view, was a healthy retracement within a larger bullish structure, not a reversal.