Alex Dudov
⬤ XRP is holding steady near $1.90, and the charts are telling an interesting story. After months of going nowhere, technical analysis suggests we might be setting up for a significant move higher. The current price structure shows a tight consolidation pattern that often comes before strong directional shifts.
⬤ Looking at the chart, there are two distinct chapters here. First, we saw a sharp rally that pushed prices up quickly. Then came the long, drawn-out correction—the kind that tests patience with sideways movement and fading momentum. Now, price has found its footing above $1.80, creating a base that looks much different from the wild swings we saw earlier. The projection on the chart points toward a potential climb to around $9.
⬤ Right now, XRP is trading just below $1.90 and appears to be compressing rather than breaking down. The tight price action hints at reduced selling pressure, which is a change from previous drops. As one analyst noted, "The compressed base structure contrasts sharply with prior volatile swings, suggesting a shift in market dynamics." If momentum returns, the move could happen fast—that's what the steep upward projection is highlighting.
⬤ This setup matters because XRP has a history of sitting still for long periods before making sudden, powerful moves. When price gets squeezed into a narrow range like this, it often precedes expansion once buyers or sellers take control. If XRP can stay above current support levels, traders may start focusing more on upside potential than downside risk. The next few weeks will show whether this projection plays out or if we're in for more waiting.
Alex Dudov
