Crypto analyst EGRAG CRYPTO shared a detailed macro view of XRP on Feb 18, arguing that the asset has always left clear structural clues in its price action. Instead of random swings, he believes XRP has moved through repeatable formations over the past decade.
His main point is simple: when you remove the wicks and short-term noise, XRP tends to follow an organized rhythm. He highlighted the earliest phase, from 2013 to 2016, as a long compression period. Candle bodies stayed tight, volatility faded, and the price appeared stuck.
Source: X
EGRAG refers to this as the ignition coil, a period of time during which the pressure builds quietly. He thinks that every major XRP breakout begins with this slow, overlapping process, which typically forms like a descending triangle.
This long period of time finally culminated in the 2017 ignition, where XRP broke out quickly with strong bullish monthly candles that stacked on top of each other with little overlap. EGRAG pointed out that when the compression releases, XRP has broken out quickly in the past with little time to hesitate.
Source: X
XRP’s 2018–2020 Controlled Decompression Phase
EGRAG said XRP’s 2018–2020 drop was a controlled, orderly decline inside a channel, resembling a flag pattern rather than a chaotic crash. One of the key patterns he points out is the strong vertical monthly candle that XRP has made in previous cycles.
Source: X
He says that strong expansion candles tend to show up towards the end of strong movements, when the price begins to top out or range rather than moving straight up.
He also points out the long bear market as a descending, tightening channel, a slow move down that is more of a time correction than a crash. He believes that XRP resets through patience rather than destruction.
The Current Breadcrumb Zone and What It May Signal Next
EGRAG believes that the market began a new cycle after the echo run of 2021. It indicated an ongoing uptrend, although it was not as robust as in 2017.
Source: X
Then, from 2022 to 2024, XRP fell again but maintained a consistent pattern, leading to another structural reset. He observes that many people misunderstood the macro range that followed. XRP did not break apart.
Rather, it moved sideways in what he termed an acceptance range, where volatility decreases, and accumulation becomes possible quietly.
From 2024 until now, XRP has demonstrated a strong breakout candle followed by smaller corrections, all above its former base. EGRAG termed this the breadcrumb zone, which has resulted in further advances in past cycles.
Source: X
Also Read: XRP Crashes Below Realized Price As Bears Take Control
