Been looking at XRP on the macro timeframe and there's something interesting developing here. If you follow analysts like Egrag Crypto, you've probably caught wind of this triple-bottom setup that's been forming across multiple cycles. The pattern is pretty compelling when you zoom out and ignore the noise.

So here's what's catching attention: XRP appears to be wrapping up what could be the final corrective phase of a major multi-cycle formation. The way Egrag Crypto breaks it down, we're looking at an ABC corrective structure where the market has essentially dipped in three segments. We might be approaching the end of that final wave C right now. The technical alignment is there too - XRP has been respecting its long-term trend and moving averages throughout this entire pattern, which adds credibility to the structure.

The critical zone everyone's watching is around $0.91. That's where multiple technical signals converge - it's hitting the 0.618 Fibonacci retracement level, aligns with previous demand zones, and represents what could be the final liquidity sweep before things shift. Egrag Crypto has flagged this as a potential final bottom, and honestly, the confluence is hard to ignore.

But here's the key confirmation level: $1.65 on the weekly. If XRP reclaims that, it would break the descending corrective structure and signal that this triple bottom has actually completed. That would be the green light suggesting we're transitioning into a new expansion phase. Current price is sitting around $1.39, so we're already in an interesting zone.

The macro perspective matters most here. Markets move through recognizable structures, and XRP's long-term price action appears to be following this pattern pretty faithfully. Once the structure breaks higher, Egrag Crypto's analysis suggests we could start aligning with higher Fibonacci extensions and the next growth cycle. Worth keeping an eye on how we handle these key levels.