Just been watching XRP on the charts and something's catching my eye. The way price is consolidating right now reminds me of what Egrag Crypto was pointing out recently - we're sitting in this ascending triangle pattern with higher lows stacking up. Buyers keep stepping in, but there's this flat resistance zone around $1.65-$1.70 that's holding things back.

The current price at $1.42 means we've still got some room to run before testing that Zone 1. What's interesting is the compression building inside the pattern. Every time price bounces higher from the lows, it's creating this pressure that needs to release somewhere. Egrag Crypto's analysis suggests roughly 65% odds we break above that resistance when the right catalyst hits.

I'm watching a few things here. The Clarity Act could be the spark that unlocks liquidity sitting above that zone. If we see regulatory clarity come through, combined with some Bitcoin stability, that could be the push needed. Zone 2 around $2.60 would be the real target if this breaks properly, but we'd need sustained closes above $1.85-$2.00 to confirm the move is real.

There's obviously the flip side too - 35% chance we get rejected and liquidity gets swept lower before another attempt. That's why risk management matters. The technical structure is there, the consolidation pattern is textbook, and if catalysts align, Egrag Crypto's setup could play out over the next few weeks. Either way, the next move should be decisive.