XRP has spent many of the previous few months buying and selling with decrease highs since July 2025, irritating merchants and compressing value motion into an more and more tight vary.
Nevertheless, a technical breakdown shared by crypto analyst ChartNerd argued that what seems to be like stagnation may very well be the ultimate preparation part 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 develop into clear when the complete setup is examined.
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A 400-Day Rectangular Reaccumulation Nonetheless Holding Construction
In accordance to technical evaluation achieved by ChartNerd, XRP’s value motion has been locked inside an oblong reaccumulation zone for about 400 days, and this has led to the formation of what seems to be like an oblong bull flag on a macro timeframe. The technical chart exhibits a powerful impulsive transfer from July 2024 to December 2024 appearing because the flagpole, proper when XRP peaked on the $3.4 value zone again then.
This impulsive flagpole has been adopted by an extended interval of sideways buying and selling the place XRP’s value has repeatedly revered a clearly outlined assist round $1.8 and resistance boundaries round $3.6. The sort of construction is related to reaccumulation throughout the assist and resistance zones, particularly when it’s taking part in out after a pointy growth transfer and holding for this size of time.
Every dip into reaccumulation assist has been absorbed, stopping any sustained breakdown and retaining the broader sample intact. ChartNerd famous that the oblong flag will likely be legitimate so long as this assist stage is defended, and it will activate the growth journey.
XRP Value Chart. Supply: @ChartNerdTA on X
Macro Breakout Projection Places XRP Value Goal At $23
Based on ChartNerd, bearish contributors are more and more pressured by the truth that this fractal remains to be holding regardless of repeated makes an attempt to invalidate it. The longer XRP’s value motion is trapped contained in the rectangle with out breaking down, the extra probably 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 will carry XRP into double-digit territory, with a long-term goal area close to $23. This value 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 attainable transfer as probably the most aggressive rallies XRP may see in seven to eight years. On the time of writing, XRP is buying and selling round $1.92, that means a transfer towards the $23 area would signify a acquire of over 1,000% from present ranges, which is a kind of proportion growth XRP has performed out properly prior to now.
Featured picture from Unsplash, chart from TradingView
