XRP has witnessed a decline of 5% over the past week, dropping below key levels of $2.40 and $2.45.However, market analyst Egrag Crypto believes this is not a crash, but part of a bullish ascending triangle formation.XRP is currently trading at $2.56, with the price movement aligned with the formation of the ascending triangle.The performance of XRP will depend on its ability to break out of current levels and external market variables.