The Fractal Analysis of XRP that Egrag Crypto Doesn't Want You to Ignore

Analysts are paying attention to a particular technical pattern in XRP that could define the upcoming market movements. Egrag Crypto recently published an observation on how XRP’s price structure maintains an ascending channel formation that extends over several years, suggesting that we might still be in the mid-phase of a bullish cycle, not necessarily at the market top.

What the technical pattern shows

The fractal model identified by Egrag Crypto reveals that XRP ($2.06 currently, with a 24-hour change of +0.14%) continues to respect the boundaries of its long-term price channel. This technical setup points to a scenario where the bullish potential could persist, as long as critical support levels remain intact. It’s a reading that suggests a late cycle rather than an exhaustion peak.

The risky scenario you should consider

However, the analysis also highlights an important breaking point: if XRP breaks below the limits of this channel, the market could face a significant downturn. This is not a likely event in the short term according to the current structure, but it is the level where traders should be cautious with long positions.

Broader factors influencing the movement

Beyond pure technical analysis, Egrag Crypto emphasizes that macroeconomic variables such as Federal Reserve monetary policy decisions and liquidity cycles in the crypto market will play a decisive role in how XRP moves in the short and medium term. These external elements can accelerate movements or trigger unexpected corrections within the channel.