Just caught this interesting chart from a crypto analyst—apparently XRP is setting up for a serious move. The Elliott Wave structure shows Wave 4 completion, which means Wave 5 should be kicking off now. I've been watching the support level around $1.44, and the RSI is showing that familiar pattern we saw back in 2024 before XRP's massive end-of-year rally. The Fibonacci targets marked on the chart are pretty wild: $1.88, then $5.85, and the ambitious one at $18.22 based on 361.8% extensions. I'm not saying it'll hit all of them, but the technical setup does look solid. Current price is sitting at $1.33, so there's definitely room to run if momentum holds. What caught my eye is how this dark defender crypto analysis aligns with the momentum indicators. The RSI recently bounced from oversold territory, similar to those earlier signals that preceded the big move. If Wave 5 follows typical patterns and buying pressure sustains, we could be looking at some interesting price action ahead. Obviously this is just technical analysis—could go either way. But the setup is worth keeping an eye on if you're tracking XRP movement.

I looked at the chart shared by Egrag Crypto on XRP, and it's interesting — there's a classic bearish crossover between the 21 and 50-period moving averages on the weekly. Egrag Crypto points out a pattern that has already repeated: before each major rebound, XRP first makes a final sweep lower. This time, it could play out between $0.91 and $0.85 before moving back up. The thing to watch: if XRP closes above $1.80 on the weekly, that invalidates it. Above $2.00, it's outright bullish. For now, we're at $1.33, so we're not out of the woods yet. But here's what interests me about Egrag Crypto — he's not just talking about the short term. The giant symmetrical triangle forming over the years projects $8.50 if it breaks. So yes, there could be volatility this week, but the macro structure remains very solid. It's a good reminder that temporary dips don't change the long-term scenario.

Just caught Egrag's latest XRP analysis and it's worth paying attention to. He's mapping out this macro ascending triangle that's been forming over years, not just days. The key thing here is that Egrag sees a breakout that already happened, and we're basically in a retest phase right now. That pullback everyone's freaking out about? He's calling it confirmation, not weakness. What caught my eye are the Fibonacci targets he's laying out: $8, $17, and $27. These aren't random numbers - they're derived from the actual structure he's tracking. The multi-year trendline is still holding, which apparently matters a lot for keeping the bullish case alive. Egrag's pointing out two plays here: either jump in early if you're confident in the macro structure, or wait for a deeper retest if you want more confirmation. Depends on your risk tolerance really. Current XRP price is hovering around $1.33, so there's definitely room to the upside if this structure plays out. The way he frames it, the pattern is still valid as long as we stay above that trendline. Could be an interesting setup to watch unfold.