Currently trading around $1.33, XRP has caught the attention of crypto analyst Egrag Crypto, who has uncovered a recurring pattern on the asset’s long-term chart connecting the current price action to three prior market cycle lows.
An examination of the three-month chart reveals that each historical bottom featured identical traits, and a fourth formation is now developing along that very same trajectory.
Egrag Crypto shared this detailed breakdown on X, accompanied by a TradingView chart highlighting all four formations. The three verified bottoms occurred between 2014 and 2022, with each requiring months or years to fully take shape.
Three Bottoms, One Pattern
Four distinct traits were found by Egrag Crypto across every confirmed XRP market bottom. Price action remained choppy, characterized by endless fluctuations. Movements were strictly nonlinear, lacking any clean trend reversals. The overarching atmosphere was defined by fear and uncertainty, while every bottom demanded months or even years of time to resolve.
Based on Egrag Crypto’s assessment, these specific qualities fail to inspire any real confidence.
#XRP – BOTTOMS ARE BUILT IN CHAOS, NOT COMFORT!
Look at the 3-Month Chart!
3 historical bottoms. 3 different formations. Yet ALL share the SAME characteristics!
CHOPPY: Endless ups and downs.
— EGRAG CRYPTO (@egragcrypto) October 16, 2026
XRP at $1.33
According to the analyst, XRP is currently exhibiting similar behaviors near the $1.33 mark. The active quarterly candle rests close to a long-term dotted support line visible right on the chart, though Egrag Crypto emphasizes that this bottom is “NOT confirmed yet.”
Although the chart labels the current setup as a “Bottom”—matching the notation used for the three earlier lows—this label highlights the ongoing process rather than a completed milestone.
Bottoms Are a Process
The primary takeaway from Egrag Crypto is that market bottoms materialize as extended processes instead of isolated events. “BOTTOMS ARE A PROCESS, NOT AN EVENT,” the analyst noted. They provide no advance notice, choosing instead to test investor conviction, deplete patience, and manufacture doubt before finally resolving.
The analyst cautions that by the time a definitive consensus regarding a confirmed bottom emerges, prices may have already rallied significantly, meaning general recognition usually arrives quite late.
What Investors Should Expect
The core message delivered to XRP holders by Egrag Crypto is to view current market conditions as a natural part of historical bottom formation instead of a cause for panic. “CHAOS IS PART OF THE FORMATION,” the analyst highlighted.
While the analysis abstains from offering a specific price target or a timeline prediction, it frames the present phase as structurally akin to past accumulation periods, all of which ultimately concluded with substantial upward movement on the 3-month chart.
At the time the chart was published, XRP had closed its most recent quarterly candle at $1.3384, marking a minor decrease of 0.14%.
Frequently Asked Questions
What price is XRP trading near in the analysis?
XRP is trading near $1.33 (specifically closing its most recent quarterly candle at $1.3384).
How many confirmed XRP bottoms are identified in the long-term chart?
The analysis identifies three confirmed historical bottoms spanning from 2014 through 2022, with a fourth formation currently developing.
What are the shared characteristics of historical XRP bottoms?
Every confirmed bottom shares four traits: choppy price action with endless ups and downs, nonlinear movement with no clean reversals, an atmosphere dominated by fear and uncertainty, and a time-consuming development period lasting months or years.
Is the current bottom for XRP officially confirmed?
No, Egrag Crypto notes that the current bottom is not confirmed yet, emphasizing that bottoms are an extended process rather than a single event.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about Cryptocurrency
Written by
Elara Winter
