Crypto analyst EGRAG CRYPTO (@egragcrypto) shared a weekly XRP chart exclusively with subscribers on September 27, at which point the asset traded near $1.54. He pointed out a pattern he designated as “double horns” taking shape between $1.55 and $1.60.
The formation featured two consecutive wicks hitting the same resistance level, which he cautioned indicated an impending correction or worse. Subscribers received the insight before the market shifted, and as XRP subsequently retreated toward $1.32, the analyst highlighted his initial projection.
Revisiting the September 27 chart to validate the prediction, EGRAG CRYPTO noted that the double horn setup yielded roughly $0.23 to $0.28 in downside movement, varying by entry point. For market participants who heeded the warning, this provided a notable shorting opportunity.
#XRP – DOUBLE HORNS, DOUBLE TROUBLE!
Remember my September 27 SUBSCRIBERS chart?
I warned about the DOUBLE HORNS around $1.55–$1.60!
Two horns usually means correction… sometimes they mean DUMP!
And #XRP dropped toward $1.32!
That's roughly 23–28 CENTS per XRP of… pic.twitter.com/c7M5vEMj5b
— EGRAG CRYPTO (@egragcrypto) October 10, 2026
What the Chart Showed
The September 27 chart positioned XRP within a broad symmetrical triangle on the weekly chart. The macro framework remained bullish over the long term, featuring Fibonacci extension goals stretching up to $31.63. Additionally, the analyst marked $1.05 to $1.15 as a key accumulation area if a pullback reached that depth while the triangle pattern remained intact.
Furthermore, he indicated that a weekly close above $1.65 to $1.70 would redirect attention toward bullish growth. Conversely, his primary concern was a weekly close falling beneath the lower boundary of the triangle, which he cautioned could “turn a healthy retracement into something much deeper.”
Macro vs. Micro
On the initial chart, EGRAG CRYPTO divided his perspective into two distinct timeframes, categorizing the macro outlook as bullish while advising caution on the micro scale. This division enabled him to anticipate short-term downward risk while keeping a long-term bullish stance, avoiding a rigid one-directional outlook and preparing for both possibilities.
His strategy aligns with his consistent philosophy that market structure outweighs personal opinions, biases, or external noise.
Where Things Stand
The analyst characterizes his method as delivering “multiple scenarios, multiple timeframes, multiple entry zones, multiple exposure strategies” alongside “MACRO + MICRO perspectives.” The downward movement of XRP toward $1.32 acted as a practical demonstration of this strategy functioning as planned.
The overarching macro triangle formation continues to be the primary factor. Should it hold, the $1.05 to $1.15 accumulation zone stays active, whereas a weekly close reclaiming $1.65 to $1.70 would render the short-term bearish indicator obsolete. Overall, EGRAG CRYPTO maintains a bullish outlook on the macro scale.
From his perspective, the double horn correction represented a healthy retracement inside a broader bullish trend rather than a full market reversal.