Saad Ullah
XRP (Ripple) market structure is entering one of its most technically significant formations in recent years. After months of consolidation, the token now displays characteristics that align with the classic Wyckoff re-accumulation model—a historical signal often seen before major trend continuations.
The Wyckoff Pattern Takes Shape
According to technical analyst STEPH IS CRYPTO, XRP is forming a textbook Wyckoff re-accumulation pattern on the 3-day chart. This phase represents a period where institutional participants reload positions within an uptrend before driving the asset to new highs.
The chart shows clear support around $2.00–$2.20 where buyers have defended price action, while resistance sits between $3.00–$3.20. Price has oscillated between these levels for months, creating a re-accumulation range that typically precedes the "Sign of Strength"—the breakout moment when price exits the upper boundary.
Chart Structure and Price Targets
The XRP 3-day chart mirrors Wyckoff's original composite schematic with precision. The support base near $2.00–$2.20 has held firm through multiple retests, while the $3.20 resistance forms a crucial barrier. The grey projection path suggests a target above $5.50, representing over 100% potential growth. The pattern's clean structure and narrowing volatility indicate smart money accumulation before upward continuation.
Market Context
The broader crypto market has shown renewed confidence following months of stabilization, while Ripple continues strengthening its payment network. Rising trading volumes near key support levels suggest renewed accumulation by larger participants, indicating this consolidation represents strategic accumulation rather than distribution.
Critical Technical Levels
- Support range: $2.00–$2.20
- Mid-level pivot: $2.65 (current price area)
- Upper resistance: $3.00–$3.20
- Projected expansion zone: $5.50+ (based on Wyckoff pattern extension)
A sustained move above $3.20 with increased volume would confirm completion of the re-accumulation phase and signal a fresh upward leg.
Saad Ullah
