I just reviewed Egrag Crypto's analysis of XRP, and there's something interesting happening on the weekly charts. The bearish crossover between the 21 EMA and the 50 EMA that Egrag Crypto has pointed out has historically preceded significant drops, but what's curious is that strong recoveries tend to follow. We're currently at $1.31, and according to Egrag Crypto's analysis, there could be a final move down to the $0.91-$0.85 zone before a true bottom is confirmed. If that happens, it would be roughly a 17% additional decline, similar to previous cycles. What catches my attention in Egrag Crypto's analysis is that the critical levels to invalidate this bearish scenario are at $1.80 and especially $2.00 on the weekly close. If XRP breaks those levels, the downward pressure dissipates. But the most bullish aspect is the macro structure — that giant symmetrical triangle that has been forming for years points to $8.5 if a breakout occurs. So, the overall picture remains bullish despite potential short-term volatility.

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