Analysts: XRP Forming Accumulation Base — Potential Pre‑Rally Setup
Analysts led by Steph (@Steph_iscrypto) and other chartists observe XRP forming an accumulation pattern similar to prior cycles that preceded major rallies. XRP fell from highs near $3.4 in January 2025 (and around $2.8 in Oct 2025 in one report) to about $1.84 by late 2025, sliding below the $2 mark and showing a sideways/declining band. Steph compares the current structure to the 2015–2017 and mid‑2023–late‑2024 cycles that led to sharp gains (notably rallies to roughly $3.31 in Jan 2018 and ~$3.4 in Jan 2025) and warns sellers who exit early could miss upside if history repeats. Other technical commentators (Chart Nerd, Zach Rector) interpret price action as an ABC corrective reset with the $1.8–$2 zone flipping to support, suggesting a possible near‑term push higher. Market participants also list potential macro/regulatory catalysts—SEC lawsuit resolution, progress toward XRP ETFs, and proposed legislation such as the Clarity Act—that could amplify any bullish technical breakout. This coverage is technical analysis and opinion, not financial advice.
Bullish
The combined reports present a largely bullish technical case for XRP. Multiple analysts identify an accumulation base and an ABC corrective structure with $1.8–$2 as a nascent support zone — conditions that historically preceded sizable rallies. The immediate implication for traders is that downside may be limited while the support holds, and a failed breakdown under $1.8 would negate the setup. Short‑term traders could trade ranges (buy support, trim into resistance) and look for increased volume or a breakout above recent distribution bands as a signal to add exposure. Medium‑ to long‑term traders should monitor regulatory catalysts (SEC resolution, XRP ETF progress, Clarity Act) that could act as fundamental triggers to amplify a technical breakout. Risk remains: the pattern may fail, macro/crypto market weakness could drag XRP lower, and regulatory news could be negative. Overall, the balance of technical structure plus potential positive catalysts skews toward a bullish outlook for XRP price action, conditional on support holding and confirmation via breakout or volume expansion.