Is XRP Forming a Major Bottom or Nah? 💀
EGRAG has stayed locked in on XRP’s long-term vibes, and this fresh take lines up just the same. Checking out the three-month chart, he pointed out three earlier bottom patterns that looked all over the place yet stayed choppy, messy, and super drawn out. 🌑 He thinks the current mess near $1.33 is starting to echo those old moves, tho he made it clear no bottom is locked in yet. 😈 The real tea is that big bottoms rarely come in as clean V-shapes. Instead they drag out with wild swings and fakeouts that wear everyone down before any real recovery kicks off. 🕸️ The $1.30 area caught eyes from other traders lately. One analyst spotted a solid demand zone between $1.30 and $1.34, while a push past $1.52 to $1.56 might open the road to $2.00. Still the latest rejection there put that whole idea on pause. 🔮 Some bigger holder moves are showing up around these spots too. Data shows the outflow gap between whales and regular folks on Binance blew up from October 7 to 13, even if it does not scream full-on accumulation just yet. 🦇Double-Digit XRP Incoming? 🔪
EGRAG’s bigger picture pulls from the 21-, 50-, and 100-month moving averages plus old cycle fractals. If things play out again, he sees $3.67 as the key breakout spot. 💉 Obviously that 2025 high feels far off right now, but once it breaks he expects Fibonacci levels like $5.25, $6.33, and $8.28 to line up next. His ultimate macro target sits at $13.69. Given how XRP is struggling these levels still count as wild guesses more than sure things. For the moment the real fight stays pinned around $1.30, and spot volume has dried up hard with combined trading on big exchanges dropping by almost $2 billion since late August. 🌙Just another echo from the void by iconofsin.eth 💖
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