XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline

XRP is trading at $2.43 at press time, down 7% in the past 24 hours and 18% over the last week, according to CoinGecko. A crypto analyst has raised concerns about price inconsistencies across exchanges and announced a shift in how XRP charts will be interpreted going ￰0￱ Rejects Exchange Data, Chooses New Price Source Crypto analyst EGRAG CRYPTO says price data for XRP is distorted across major ￰1￱ noted visible differences between exchanges like Binance, Bitstamp, Poloniex, and Coinbase—especially during recent volatile moves. #XRP – Chart and Data Distortion : The below post is created to find the best chart to use for a long-term view of #XRP from now ￰2￱ far, we’ve seen distortions in the data, and I want to keep things clear without too many conflicting ￰3￱ now on, I’ll only… ￰4￱ — EGRAG CRYPTO (@egragcrypto) October 14, 2025 To avoid conflicting signals, the analyst stated they will now rely only on the “Crypto Data Set,” which averages prices from top ￰5￱ said this provides a more stable and consistent view of XRP’s ￰6￱ to their latest post, $1.40 will serve as his new baseline for long-term analysis.

“Based on the recent market manipulation, the low for XRP was $1.40, and that will be my baseline moving forward.” ERGAG also said he won’t include chart data from the previously mentioned platforms until further ￰7￱ Chart Levels and Breakdown Explained The analyst also discussed a technical setup showing a descending ￰8￱ on that structure, they said XRP should have dropped to $2.14, but the price is currently holding between $2.40 and $2.60. ERGAG explained that $2.65 remains an important level to ￰9￱ XRP fails to hold above $2.00, they said they would reconsider their bullish view. “I’ll be genuinely concerned about the integrity of this cycle if we start closing 3-day candles below $2.00 and $1.91.” Futures Market Shows Cooling Interest XRP futures open interest has dropped to $4.15 billion, down sharply from over $9 billion earlier this ￰10￱ decline mirrors the recent price plunge and suggests that many traders have exited or reduced their positions.