You know, most people trading crypto only look at the price of the day. They scroll, they panic, they sell. But in the meantime, interesting things are shaping up on the monthly charts.



I just watched Egrag Crypto's analysis on XRP and honestly, it's quite captivating. The guy released an analysis over 12 months of the XRP/USD pair showing an ascending triangle tightening around the current levels. And what strikes me is that this pattern is clearly visible when you take a step back.

For those who don't know, ascending triangles are a classic of technical analysis. Historically, they tend to break upward in 70 to 75% of cases. It's not a guarantee, but it's a signal that should be taken seriously. Egrag even assigns a 60% probability that we'll see an explosion after this 55-day consolidation period. The target he projects, based on historical cycles, is around significantly higher levels.

What reinforces this is that major accumulators seem active. Bullish divergences are building up. And then there's the macro context: regulatory clarity is improving, institutions are paying closer attention. That's no small thing. XRP has always had this ability to make massive rebounds after deep corrections, and now it feels like the conditions are aligning.

But here's the problem. Most retail traders only look at short-term swings. They compare XRP to other altcoins, they trade on noise. Few people really take the time to study patterns over several months or understand macro cycles. That's why many miss the real moves.

Egrag Crypto's analysis reminds us that we need to look beyond immediate volatility. When you combine clear technical signals, the accumulation by big players, and macroeconomic trends, you get an interesting scenario for XRP.

Of course, cryptos remain volatile. Breakouts can fail, conditions can change. Macro factors and regulation can turn everything upside down. But for those thinking long-term, this ascending triangle represents one of the clearest signals we've seen in a long time for upward potential.

The important thing now is to monitor on-chain activity and macro trends to confirm that momentum is sustained. And yes, of course, I must remind you that nothing I say here is a buy or sell recommendation. It's just a market observation.
XRP-0.29%
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