Saad Ullah
⬤ XRP's long-term chart is showing signs of life. After years of consolidation within a broad re-accumulation range just below the $3.31 resistance level, the technical structure suggests buyers have been steadily absorbing supply. This extended base-building phase typically comes before major moves—but there's a catch. New crypto tax proposals are tightening reporting standards for high-volume digital asset transactions, which could increase compliance costs for smaller firms and potentially push talent toward friendlier regulatory environments. It's an important backdrop as XRP prepares for what could be its next big leg up.
⬤ The chart itself tells a compelling story. Price has been holding above major support in the $1.30–$1.96 zone for years, forming a structural foundation that's been tested and defended multiple times. This re-accumulation phase—where XRP has been coiling under resistance—often precedes dramatic breakouts once overhead supply is cleared. Projections into 2027 and beyond suggest a long-term expansion scenario if XRP closes decisively above $3.31. These multi-year bases don't form often, but when they do, the resulting moves can be explosive.
⬤ For now, traders are watching two things: can XRP hold its re-accumulation structure, and will it finally break through that $3.31 ceiling? If it does, it would mark one of the most significant technical events in XRP's history—with ripple effects across the broader altcoin market. Regulatory decisions on liquidity and investor participation could tip the scales either way, making this a critical moment for anyone following XRP's long-term trajectory.
Saad Ullah
