I just watched Egrag Crypto's analysis on XRP, and honestly, the technical signal he points out is interesting. The 21-week EMA crossing below the 50-week EMA is a pattern we've seen before, and each time it preceded a final dip before the rebound. XRP is currently trading around $1.35.

According to Egrag Crypto, we might see a final bearish sweep bringing the price down to the $0.85-$0.91 zone before it really takes off. That's the short-term scenario. But if XRP closes above $1.80 on the weekly, this signal weakens. Above $2.00, it's completely invalidated.

What’s cool about Egrag Crypto’s analysis is that he also shows the big picture. The symmetrical triangle we've been drawing for years points to $8.50 if the structure breaks. So yes, there could be short-term volatility, but the long-term setup remains solid. Keep an eye on the coming weeks.