Artem Voloskovets
⬤ XRP is flashing potential reversal signals after holding a consistent price pattern since October. According to technical analysis, the next move involves pushing back toward previous all-time highs before any major breakout unfolds. The chart shows a long consolidation period that broke out late last year, with XRP now sitting around $2.06 after cooling off from recent peaks.
⬤ The technical setup reveals XRP spent months trapped in a tightening range before finally breaking higher in late 2024. That surge pushed price into the $3.00–$3.60 zone, marking a significant rally. Since then, things have settled into a holding pattern rather than reversing completely. The asset is still trading above its previous resistance-turned-support, keeping the bullish case alive.
⬤ Momentum indicators show stabilization after the recent pullback. Selling pressure that built up during the correction is fading, with momentum readings starting to tick higher. This suggests the market might be shifting from sellers controlling the action to buyers quietly accumulating. The expected path involves a gradual climb back to prior highs before any acceleration kicks in.
⬤ Reclaiming the previous all-time high matters because it would confirm the long-term structure is still intact, not just produce a temporary bounce. XRP's behavior near those historical resistance zones will determine whether the asset enters a fresh expansion phase or keeps grinding sideways before the next major move develops.
Artem Voloskovets
