XRP confirms TCT distribution and extends decline toward $0.90 support

XRP coils inside a broadening wedge. Key trigger at $3.30, key support at $0.90.

EGRAG CRYPTO says an “elastic coil” nears break. He maps a descending broadening wedge, a pattern tied to expansion phases, not weakness. Sources: X post, NewsBTC on the wedge.

XRP holds a base near $0.90 while price compresses near the upper boundary. That tightening signals pressure. Source: NewsBTC analysis.

Key levels and odds, per EGRAG:
- Breakout trigger at $3.30, then targets $5, $8, $13
- Upside expansion odds 55%–60%
- Breakdown odds 40%–45% with a brief dip below $0.90
- Full bearish failure 10%–15%
Source: EGRAG on X.

The Composite Trader reports a textbook TCT Model 1 distribution. The confirmation came on a clean bearish break during the NY PM session. Sources: analyst’s X post, NewsBTC on the break.

Price then hit the projected technical target. TP1 of 25% was secured. Source: analyst’s X post.

Focus shifts to current lows. A fresh breakdown could confirm a higher‑timeframe reversal. Volatility is picking up into Q2. Sources: NewsBTC profile, NewsBTC on momentum.