$XRP
might have more turbulence ahead before the next major move.
A recent macro analysis by EGRAG CRYPTO points to a pattern that has appeared across previous XRP cycles: accumulation → retests → bottoming structure → breakout → expansion.
The interesting part is that the current structure is being compared with previous long-term formations, rather than relying on short-term candles.
The analyst’s chart maps several Fibonacci levels, including $2.30, $2.97, $5.41, $6.70 and $9.08, with a much higher $52.56 level on the longer-term projection.
But the path isn't expected to be straight. Volatility, fakeouts, sideways action and multiple retests could all happen before any major breakout.
For me, the takeaway is simple: don't mistake turbulence for a change in the bigger structure.
$XRP is definitely one to keep watching.
might have more turbulence ahead before the next major move.
A recent macro analysis by EGRAG CRYPTO points to a pattern that has appeared across previous XRP cycles: accumulation → retests → bottoming structure → breakout → expansion.
The interesting part is that the current structure is being compared with previous long-term formations, rather than relying on short-term candles.
The analyst’s chart maps several Fibonacci levels, including $2.30, $2.97, $5.41, $6.70 and $9.08, with a much higher $52.56 level on the longer-term projection.
But the path isn't expected to be straight. Volatility, fakeouts, sideways action and multiple retests could all happen before any major breakout.
For me, the takeaway is simple: don't mistake turbulence for a change in the bigger structure.
$XRP is definitely one to keep watching.
