I looked at the chart shared by Egrag Crypto on XRP, and it's interesting — there's a classic bearish crossover between the 21 and 50-period moving averages on the weekly. Egrag Crypto points out a pattern that has already repeated: before each major rebound, XRP first makes a final sweep lower. This time, it could play out between $0.91 and $0.85 before moving back up.

The thing to watch: if XRP closes above $1.80 on the weekly, that invalidates it. Above $2.00, it's outright bullish. For now, we're at $1.33, so we're not out of the woods yet.

But here's what interests me about Egrag Crypto — he's not just talking about the short term. The giant symmetrical triangle forming over the years projects $8.50 if it breaks. So yes, there could be volatility this week, but the macro structure remains very solid. It's a good reminder that temporary dips don't change the long-term scenario.