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Altcoins & DeFi

XRP trades near $1.33 as Egrag Crypto highlights familiar bottoming pattern

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XRP is holding close to $1.33, drawing attention from crypto analyst Egrag Crypto, who has identified a recurring pattern linking the digital asset’s current price action to three past market cycle lows. According to analysis shared on X, the emerging formation closely resembles those seen at major XRP bottoms in 2014, 2017-2018, and 2022. On the three-month chart, Egrag Crypto pointed out that every significant bottom displayed four primary features: highly erratic price movement, nonlinear reversals, a sense of chaos driven by fear and uncertainty, and a prolonged timeline that often extends for months or even years. Egrag Crypto’s technical review underlined that these periods tend to be marked by “endless ups and downs” and a lack of clear direction, making it difficult for traders to time entries or exits…

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