XRP’s Next Big Move Nears as Amazon-Style Pattern and RSI Reclaim Fuel Optimism
One year after XRP reached its cycle peak of $3.65, analysts remain focused on its long-term market structure rather than the months of sideways price action.
Despite retreating to around $1.10, according to CoinCodex, several technical analysts argue that XRP's broader bullish setup remains intact, with the next major move likely hinging on a handful of critical resistance levels.
Market analyst ChartNerd believes XRP continues to follow the same technical blueprint Amazon displayed before its historic multi-year breakout.
Interestingly, in both cases, the asset spent years consolidating beneath a major resistance zone while steadily forming higher lows, a classic accumulation pattern that often precedes explosive upside moves.
According to ChartNerd, XRP's prolonged consolidation has not invalidated its macro bullish structure. Instead, repeated pullbacks have been consistently absorbed by buyers, suggesting long-term accumulation remains underway despite ongoing market volatility. In his view, the current range is a continuation of a larger cycle, not evidence of structural weakness.
As ChartNerd puts it, "If history rhymes, the next move will matter far more than the noise that came before it," emphasizing that the eventual breakout, not the extended consolidation, is what will define XRP's next chapter.
XRP's RSI Nears Critical Breakout Level as Bulls Eye Trend Reversal
Supporting the bullish outlook, veteran analyst EGRAG CRYPTO points to XRP's 40-day Relative Strength Index (RSI) as the next key technical milestone. The RSI is hovering around 42.7, just below the pivotal 44 level, which previously served as macro support before flipping into resistance following the recent breakdown.
EGRAG argues that a confirmed reclaim of 44 would signal XRP is repairing its technical structure and regaining bullish momentum. The ideal confirmation, he says, would see the RSI break above 44, advance toward 47, successfully retest 44 as support, and continue higher. A sustained move beyond 47 would reinforce the transition from a bottoming phase into a broader expansion, while climbs above 50 and 52.85 would further strengthen the bullish case.
Meanwhile, XRP continues trading within a tightening symmetrical triangle, with buyers defending higher lows as sellers maintain descending resistance.
As the pattern nears its apex, analysts expect the eventual breakout to dictate the cryptocurrency's next major trend.
Well, both ChartNerd and EGRAG are reading from the same script that XRP's long-term technical structure remains intact. If key resistance levels are reclaimed and momentum indicators confirm the shift, XRP could be positioned to challenge, and potentially surpass, its previous cycle highs.
