XRP presses $1.65–$1.70 resistance; EGRAG puts 65% breakout odds on Clarity Act

XRP is coiling under $1.65–$1.70. Analyst EGRAG sees a 65% chance of a break if a policy catalyst lands in his X post.

An ascending triangle is forming beneath “Zone 1.” The five‑day XRP/USD chart shows price compressing under that band, with buyers stepping in on dips and a rising trendline supporting the base source NewsBTC analysis.

“The Chart is saying: Ascending Triangle under Zone 1 ($1.65–$1.70). Higher lows = buyers. Flat resistance = liquidity above. Classic breakout fuel,” EGRAG writes post.

He assigns probabilities. Break above Zone 1: ~65%. Rejection or fakeout: ~35%. The catalyst he cites is the Clarity Act; a delay skews odds to a sweep lower first EGRAG NewsBTC on Clarity Act.

He adds a macro angle. The triangle stores pressure, but the trigger likely needs a policy or macro shove to punch through overhead supply context.

Clearing Zone 1 is step one. Reaching “Zone 2” near $2.60+ needs more than one candle: institutional flows or ETF‑style access, BTC stability or a dominance drop, and sustained weekly closes above $1.85–$2.00 source.

“Triangle = Pressure. Zone 1 = Trigger. Zone 2 = Expansion. Catalyst starts the move… Liquidity finishes it,” he sums up post.

Price sits at $1.44 at press time. If Zone 1 breaks cleanly, focus shifts to expansion targets; if not, his map points to a liquidity sweep lower first, especially if the Clarity Act slips framework.