$XRP is approaching the end of a multi-year Symmetrical Triangle — one of the strongest technical structures in its history. This is not a small-time setup; it’s a long-term compression phase similar to the pattern that formed befor XRP explosive 2017 rally.
🔹 Macro Pattern Repeating
Before every major $XRP surge, a Symmetrical Triangle appears.
The current formation closely mirrors previous pre-bull structures, indicating that is preparing for another powerful expansion phase.
🔹 Elliott Wave View — ABC Correction Ending
The recent downtrend fits a classic ABC corrective pattern:
A: Initial drop
B: Reaction rally
C: Final leg, now losing momentum
Wave C looks nearly complete, aligning perfectly with the triangle’s tightening apex.
🔹 Compression Before Expansion
Volume is shrinking, RSI is coiling, and liquidity is clustering — all signs that XRP is storing energy for a decisive move.
When markets go quiet, they’re preparing to move hard.
🔹 The Wave C Warning
If multi-month support breaks, a deeper liquidity sweep is possible.
This doesn’t kill the bullish macro setup — it often marks the final accumulation wick before breakout.
🔹 Long-Term Targets: $15–$33
Based on long-term logarithmic resistance zones and Egrag Crypto’s projections, $XRP next macro leg could extend toward $15–$33 after a confirmed breakout.
🔹 Calm Before the Storm
We’re in the manipulation + accumulation phase.
Once XRP closes above triangle resistance, the multi-year compression ends — and the next mark-up cycle begins.
Every dip now is part of the final preparation.
Summary :
ABC Correction → Wave C nearing completion
Symmetrical Triangle → Volatility squeeze
Breakout Confirmation → Candle close above triangle resistance
Macro Target → $15–$33
Disclaimer :
Educational analysis only — not financial advice.
