XRP Multi-Year Structure Holds Firm as EGRAG Insists Nothing Has Changed

• XRP chart shows a seven-year compression nearing a breakout phase
• EGRAG maintains macro structure remains intact despite volatility
• Fibonacci extensions outline potential targets if the breakout confirms

XRP has returned to the spotlight after renewed price swings unsettled short-term traders across the market. Despite visible volatility, a prominent chart analyst insists the broader technical structure remains intact. According to EGRAG CRYPTO on X, the long-term setup shows no structural breakdown.

The shared XRP/USD chart outlines a massive symmetrical triangle that began forming after the 2018 cycle peak. Since then, the price has recorded lower highs while steadily building higher lows. As a result, volatility gradually compressed as the asset moved closer to the apex of the formation.

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This tightening structure now spans nearly seven years of price history. Such extended consolidation phases often attract attention from long-term traders who monitor macro breakout patterns. The chart shows XRP still trading within the converging trendlines without breaching structural support.

Multi-Year Triangle Signals Critical Breakout Phase

The upper boundary connects lower highs from the 2018 top, while the lower boundary links higher lows formed since 2020. Consequently, price action narrowed within a clearly defined range. The compression intensified as XRP approached the projected breakout window between 2024 and 2025.

The chart applies a traditional technical method by measuring the triangle’s widest portion and projecting it upward from the breakout zone. Fibonacci extension levels appear on the right side, highlighting potential upside targets. These include the $1.618, $2.272, and $3.618 extensions, which historically align with prior XRP expansions.

Retest Structure Mirrors Previous XRP Cycles

In addition to the breakout projection, the chart illustrates a structured pullback scenario. The anticipated retest area aligns between the $0.618 and $0.702 Fibonacci retracement levels. This zone typically acts as support following an initial breakout move.

A curved macro trajectory also appears on the chart, reflecting previous long consolidation phases followed by rapid price acceleration. Historical XRP cycles show similar patterns where volatility compression preceded strong upward expansions.

The accompanying post emphasized that the technical structure remains unchanged despite fluctuating sentiment. The long-term triangle formation continues to define price behavior as traders watch for confirmation signals.

Conclusion

XRP remains positioned within a multi-year symmetrical triangle that has yet to invalidate its macro structure. Sustained breakout momentum will determine whether projected Fibonacci extension targets come into play in the coming cycle.

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