{"id":104757,"date":"2025-10-14T18:35:28","date_gmt":"2025-10-14T18:35:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=104757"},"modified":"2025-10-14T18:35:28","modified_gmt":"2025-10-14T18:35:28","slug":"xrp-analyst-claims-chart-manipulation-sets-1-40-ripple-baseline","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=104757","title":{"rendered":"XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline"},"content":{"rendered":"

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.<\/p>\n

A crypto analyst has raised concerns about price inconsistencies across exchanges and announced a shift in how XRP charts will be interpreted going forward.<\/p>\n

Analyst Rejects Exchange Data, Chooses New Price Source<\/h2>\n

Crypto analyst EGRAG CRYPTO says price data for XRP is distorted across major platforms. They noted visible differences between exchanges like Binance, Bitstamp, Poloniex, and Coinbase\u2014especially during recent volatile moves.<\/p>\n

#XRP<\/a> \u2013 Chart and Data Distortion :<\/p>\n

The below post is created to find the best chart to use for a long-term view of #XRP<\/a> from now on. So far, we\u2019ve seen distortions in the data, and I want to keep things clear without too many conflicting numbers.<\/p>\n

From now on, I\u2019ll only\u2026 pic.twitter.com\/XCIPvwcrQ3<\/a><\/p>\n

\u2014 EGRAG CRYPTO (@egragcrypto) October 14, 2025<\/a><\/p>\n\n

To avoid conflicting signals, the analyst stated they will now rely only on the \u201cCrypto Data Set,\u201d which averages prices from top exchanges. They said this provides a more stable and consistent view of XRP\u2019s price. According to their latest post, $1.40 will serve as his new baseline for long-term analysis.<\/p>\n

\u201cBased on the recent market manipulation, the low for XRP was $1.40, and that will be my baseline moving forward.\u201d<\/p>\n

ERGAG also said he won\u2019t include chart data from the previously mentioned platforms until further notice.<\/p>\n

Key Chart Levels and Breakdown Explained<\/h2>\n

The analyst also discussed<\/a> a technical setup showing a descending triangle. Based on that structure, they said XRP should have dropped to $2.14, but the price is currently holding between $2.40 and $2.60.<\/p>\n

ERGAG explained that $2.65 remains an important level to break. If XRP fails to hold above $2.00, they said they would reconsider their bullish view.<\/p>\n

\u201cI\u2019ll be genuinely concerned about the integrity of this cycle if we start closing 3-day candles below $2.00 and $1.91.\u201d<\/p>\n

Futures Market Shows Cooling Interest<\/h2>\n

XRP futures open interest has dropped to $4.15 billion, down sharply from over $9 billion earlier this month. This decline mirrors the recent price plunge and suggests that many traders have exited or reduced their positions.<\/p>\n

<\/a>Source: Coinglass<\/p>\n

Notably, the chart shows that open interest and the price have moved in sync. As XRP slipped under $2.50, open interest also fell\u2014indicating that positions were likely closed or liquidated. This points to reduced speculative activity in the short term.<\/p>\n

The post XRP Analyst Claims Chart Manipulation, Sets $1.40 Ripple Baseline<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 forward. Analyst Rejects Exchange Data, Chooses New Price […]<\/p>\n","protected":false},"author":0,"featured_media":104758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104757"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104757"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/104758"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}