๐ฅ XRP Near Key Support โ Bigger Move Loading? ๐
XRP is consolidating above critical support, signaling a potential late-cycle move rather than a breakdown. ๐
Analyst EGRAG says the long-term rising channel is still intact, keeping the fractal setup alive.
Quick Takeaways โฑ๏ธ
๐ Long-term structure holds โ bullish scenario still valid
๐ง RSI & MACD cooling โ consolidation, not capitulation
๐ A short-term double-dip is possible without breaking the trend
โ Setup fails only if key support breaks
Why it matters ๐
Liquidity timing and macro tailwinds could fuel a risk-on push if structure stays strong. The move is conditional, not guaranteedโbut timing alignment looks promising.
โค๐๐โค
Patience pays in crypto. Wait for structure, respect support, and let the market confirm. Winners are built in consolidation. ๐ช
