Been staring at XRP charts and I think we're getting close to something here. The past four months have been brutal - price stuck grinding between $1.30 and $1.70 with no real direction. What caught my eye is this descending triangle pattern that's been forming since January. Classic setup with lower highs and a steady floor around $1.28-$1.31. Current price is $1.43.

The way I'm reading it, we're in the final stages of a bigger correction that started from the $3.65 peak. The technical structure suggests one more leg to complete, and that's where it gets interesting. Either we get a final flush down below $1.28 - which would actually be bullish as a shakeout - or we break above the recent highs and the descending triangle invalidates entirely. Either way, both scenarios point to the same thing: we're probably near a significant bottom.

I'm watching these levels closely. Once this descending triangle resolves, the move should be sharp.