Peter Smith
XRP has been playing the waiting game for almost two months now, and seasoned traders are starting to get that familiar feeling. Based on the coin's track record, these extended consolidation periods often set the stage for explosive moves higher. With 51 days of sideways action in the books, the question everyone's asking is whether XRP is getting ready to make its next big move.
XRP Price History Reveals Repetitive Correction Cycles
XRP has a pretty predictable playbook: big rallies followed by methodical pullbacks that can test your patience. Looking back, we've seen correction phases lasting 24, 78, and 48 days, and each time, XRP eventually broke out with serious momentum.
Crypto analyst @Steph_iscrypto notes that we're now 51 days into the current correction, which fits right into XRP's historical pattern. This timing consistency suggests XRP might be gearing up for another breakout attempt.
Technical Picture: XRP Eyes Breakout Levels
Right now, XRP is hanging around $2.90, holding pretty steady after that impressive run from $1.30 earlier in the year. The charts suggest that these longer correction periods — typically 50 to 80 days — often come right before the next big move up.
If XRP sticks to its usual script, we could see it challenge the $3.50 resistance area next. Breaking above that level would likely get the bulls excited and could push the price toward the $5 mark that everyone's watching.
Keep an eye on that $2.50 support level — it's been rock solid during this pullback. As long as XRP stays above this area, the bullish case remains intact. The real fireworks would start if XRP can reclaim $3.50, which could trigger a wave of buying from traders who've been waiting on the sidelines.
Peter Smith
