Just caught this interesting XRP analysis from a TA analyst, and it's pretty compelling if you're thinking about the next bull market cycle. Apparently, XRP has been consolidating in an ascending triangle pattern since 2017 on the monthly chart—we're talking about a 9-year setup here.



The pattern works like this: the upper resistance line stays flat (parallel to the time axis) while the lower support line keeps rising. Price bounces between them. XRP actually retested that upper resistance back in August 2025 but got rejected, and since then it's been gradually sliding back down the channel. Classic script repeating itself over and over.

Here's where it gets interesting for potential buyers. If history rhymes, XRP could revisit the support zone between $0.75 and $0.80 before the triangle finally breaks. The analyst calls this the "ultimate" buy-the-dip opportunity. The closer price gets to the apex, the more likely a breakout becomes—and when a 9-year consolidation finally breaks, these moves tend to be historic.

Ascending triangles are typically bullish patterns, so if we do see a breakout, it's more likely to go up than down. The analyst's take? When XRP finally escapes this pattern, the next bull market will be massive.

Right now XRP is trading around $1.43, up about 4.77% over the past week. Still worth watching whether this support level holds or if we're about to see that massive move everyone's been waiting for. The setup is definitely there if you believe in technical patterns.
XRP-0.13%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin