XRP has spent many of the previous few months buying and selling with decrease highs since July 2025, irritating merchants and compressing worth motion into an more and more tight vary.
Nonetheless, a technical breakdown shared by crypto analyst ChartNerd argued that what appears like stagnation may very well be the ultimate preparation section earlier than a historic transfer. The worth construction suggests one thing far larger that sends XRP on its most aggressive rally in eight years, however the implications solely grow to be clear when the total setup is examined.
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A 400-Day Rectangular Reaccumulation Nonetheless Holding Construction
In accordance to technical evaluation accomplished by ChartNerd, XRP’s worth motion has been locked inside an oblong reaccumulation zone for about 400 days, and this has led to the formation of what appears like an oblong bull flag on a macro timeframe. The technical chart exhibits a robust impulsive transfer from July 2024 to December 2024 appearing because the flagpole, proper when XRP peaked on the $3.4 worth zone again then.
This impulsive flagpole has been adopted by a protracted interval of sideways buying and selling the place XRP’s worth has repeatedly revered a clearly outlined assist round $1.8 and resistance boundaries round $3.6. This kind of construction is related to reaccumulation throughout the assist and resistance zones, particularly when it’s enjoying out after a pointy enlargement transfer and holding for this size of time.
Every dip into reaccumulation assist has been absorbed, stopping any sustained breakdown and preserving the broader sample intact. ChartNerd famous that the oblong flag shall be legitimate so long as this assist stage is defended, and this can activate the enlargement journey.
XRP Value Chart. Supply: @ChartNerdTA on X
Macro Breakout Projection Places XRP Value Goal At $23
Based on ChartNerd, bearish members are more and more pressured by the truth that this fractal continues to be holding regardless of repeated makes an attempt to invalidate it. The longer XRP’s worth motion is trapped contained in the rectangle with out breaking down, the extra seemingly it turns into that the eventual decision favors the dominant pattern that preceded the consolidation. On this case, that pattern was bullish, which strengthens the case for an upside breakout as soon as resistance is cleared.
If the oblong bull flag resolves to the upside as projected, the chart outlines a breakout trajectory that might carry XRP into double-digit territory, with a long-term goal area close to $23. This worth goal projection is derived from the peak of the flagpole prolonged from the highest of the reaccumulation vary.
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ChartNerd labelled this potential transfer as one of the vital aggressive rallies XRP may see in seven to eight years. On the time of writing, XRP is buying and selling round $1.92, which means a transfer towards the $23 area would symbolize a achieve of over 1,000% from present ranges, which is a kind of proportion enlargement XRP has performed out nicely previously.
Featured picture from Unsplash, chart from TradingView
