XRP trades at $1.259, analyst warns $1.24 is critical for next move

XRP has experienced a sharp pullback after reaching its 2026 highs, drawing heightened scrutiny from the cryptocurrency analysis community as it approaches a key price threshold. Technical signals and trader focus have converged on the $1.24 level, which may help define the asset’s next major direction in the coming weeks. According to crypto analyst EGRAG CRYPTO, the $1.24 level represents a “line in the sand” for XRP’s price action. The digital asset was trading at $1.259 at the time of the analysis, positioned just above this crucial point on the 4-hour chart.