XRP has been grinding lower for months now, but there's an interesting perspective worth considering. EGRAG Crypto has been mapping out the longer-term structure, and despite the recent weakness, he's maintaining that the bigger picture still suggests room for upside if certain conditions hold.

Since mid-2025, XRP has dropped over 34% and we've seen three consecutive losing months. December added another 3% decline on top of that. The whole crypto market has been struggling with macro headwinds, so XRP's pullback isn't exactly isolated.

Here's where EGRAG Crypto's analysis gets interesting though. He's arguing that what looks like weakness on shorter timeframes is actually part of a broader consolidation pattern on the weekly chart. Rather than seeing this as a peak, he interprets it as accumulation. The fact that XRP has largely held above the $2 zone throughout the year seems to support this narrative for him.

Currently trading around $1.31, XRP is testing lower levels, but EGRAG highlights that the $2 support zone remains critical for maintaining the long-term uptrend structure. As long as weekly closes stay above that threshold, he sees the setup as intact.

The core of his thesis rests on a fractal pattern he's been tracking. Back in late 2023 through late 2024, XRP consolidated between $0.40 and $0.60 for roughly a year before breaking out and eventually climbing above $2. EGRAG Crypto believes we're seeing a similar accumulation phase now, with XRP ranging between $2 and $3 during 2025. If this fractal repeats as he expects, the next phase could see significant expansion, potentially targeting zones between $14.82 and $15.70.

That would imply gains ranging from around 240% to over 600% from those levels. Price targets of $7, $12, and $15 seem plausible under this scenario based on how XRP has moved during previous strong cycles.

That said, EGRAG doesn't present this as certainty. He's clear that fractal analysis carries real limitations. Market cycles don't replicate perfectly, liquidity conditions shift between periods, and macro conditions can disrupt expected timing. He emphasizes that fractals should be viewed as potential guidelines rather than precise forecasts, and traders can easily misinterpret unrelated patterns as meaningful structures.

The bottom line from his perspective: while XRP faces near-term pressure, the larger structure remains constructive as long as support holds. If the broader crypto market stabilizes and strengthens, the setup could support a meaningful move higher. Worth monitoring how the $2 zone plays out over the coming weeks.