Just been looking at XRP charts and something caught my eye. Trading around $1.33 right now with this tight compression pattern forming that could go either way. EGRAG Crypto's been pointing out how XRP lost support at the 21 EMA and it's basically stuck in this descending channel. The momentum's definitely weakening though - you can see smaller candles with less downside push, which honestly feels more controlled than chaotic.

What's interesting about EGRAG's analysis is the two scenarios he's highlighting. Either we see a final liquidity sweep down to the $0.8-$1 range, or XRP bounces faster and reclaims that $1.65-$1.8 zone. If that second one plays out, we're looking at a potential breakout back toward the $2.2 level - which EGRAG keeps calling the one that changes everything for this structure. Hit $2.2 and he reckons $2.5 becomes the next target.

Right now it's basically a waiting game to see which way this compression breaks. The analyst's setup makes sense - either a deeper dip for liquidity or a quicker recovery. Either way, that $2.2 zone is what everyone's watching according to EGRAG's technical breakdown.