The XRP chart is currently telling a two-speed tale. While near-term price action remains strong and key resistance levels remain on the rise, the broader structure continues to quietly mature beneath the surface. This tension between the short-term pressure and the slowly developing macro setup is what makes the current phase particularly critical for what’s to come.
The multi-year compression is coming to an end
In a recent updatecrypto analyst EGRAG CRYPTO emphasized that the XRP macro triangle is far more than just market noise; it is the ultimate guide. Analyzing the asset on a two-month time frame, the analyst noted that this massive structural formation has been developing for years, serving as a primary indicator of where price is headed in the long term.
EGRAG was among the first to identify this specific breakout setup at an early stage. What the broader market might view as stagnation or random volatility is a multi-year triangle reaching its final top on the macro chart, signaling that a big move is in the works.
The analyst emphasized that this technical preparation is not based on “hope”, but on a disciplined interpretation of long-term price action. Basically, this macro view provides a structured view of the market, removing the distractions of the lower timeframes to reveal significant accumulation and increasing pressure within the triangle boundaries.
This multi-layered plan is designed to guide investors through potential breakout stages, offering a strategic perspective on how XRP is expected to evolve when it finally breaks out of this historic consolidation pattern.
The double bottom falters as buyers struggle to follow it
According to a publish by Umair Crypto, the market is still showing signs of hesitation, with the double bottom structure failing to gain significant strength. On the 4-hour chart, the recent bounce from the $1.84 area is closely aligned with the gold pocket of the $1.772-$1.962 Fibonacci retracement, which helps explain the temporary reaction seen so far.
For the momentum to change, the price must start to close above the $1.96 level. A break out of that zone would allow for a reversal of the daily RSI trend lines, marking the first real step towards regaining bullish momentum. The next and more critical barrier is at the $2.00 mark, where a break would also mean a retracement of the daily 50 SMA, a key signal that the bullish structure is returning.
Until these key resistance levels recover, the broader outlook remains bearish. Therefore, the altcoin is vulnerable to further declines, and the risk of printing lower lows remains on the table until buyers manage to establish control above these key thresholds.
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