Just been looking at XRP on the macro charts and noticed something that caught my attention. There's this analyst, Egrag Crypto, who's been discussing a pretty compelling triple bottom structure forming across multiple cycles. When you zoom out and look at the bigger picture instead of getting caught up in daily noise, the pattern actually makes sense.

So here's what's interesting - XRP appears to be forming three major base levels that together create this triple bottom. The thing is, it's been developing over several months and different market cycles, and throughout all this, XRP has been respecting its long-term trend and moving average alignment. That consistency is what makes this stand out from just random price movement.

According to the analysis, we're likely in the final descending leg right now. Think of it as an ABC corrective structure - the market dipped in three segments and now we're potentially near the end of that final wave C. If this plays out, once the correction finishes and price starts moving up, that triple bottom could be complete.

There's a specific zone that Egrag Crypto highlighted as the potential final bottom - around $0.91. This level is interesting because it hits multiple confluences: it aligns with the 0.618 Fibonacci retracement that traders watch closely, plus it matches up with previous demand zones and lines up with the corrective structure on the chart. This could be where we see that final liquidity sweep before things shift.

Now, if you're watching this play out, there's a critical level to monitor - $1.65 on the weekly timeframe. This is the key signal. If XRP reclaims that level, it would break the descending corrective structure and suggest the triple bottom has actually completed. Once that happens, the chart could start aligning with higher Fibonacci extensions and we'd be looking at the next growth cycle.

Current price is sitting at $1.32, so we're somewhere in the middle of this setup. The bigger takeaway from Egrag Crypto's analysis is that when you focus on market structure rather than short-term noise, the longer-term moves become more predictable. That's what separates macro analysis from just watching daily candles.