XRP Analyst Flags Breakout Retest After Multi-Year Triangle
Crypto analyst JD (@jaydee_757) says XRP may be nearing a key stage in its market cycle. He previously called XRP’s cycle bottom and top and now shared a fresh chart showing a completed multi-year symmetrical triangle formed after XRP’s 2018 peak.
JD argues XRP broke out in late 2024 above a long-descending resistance line that capped price during years of consolidation. After the breakout, XRP has pulled back and is now testing the prior breakout zone—often viewed by traders as a resistance-to-support “flip”.
On his chart, XRP is revisiting the upper boundary of the triangle and trading around that region after a decline from its mid-2025 peak. The focus is not just the breakout itself, but how XRP behaves when retesting the former ceiling. If support holds, traders may interpret it as confirmation of the larger bullish breakout.
JD did not provide a precise price target yet, saying a full cycle outlook will follow once his repost goal is met. The article notes this is not financial advice.
Neutral
The article is mainly a technical analysis update, not a fundamental or news-driven catalyst. JD’s view hinges on whether XRP successfully flips the former triangle breakout resistance into support during a retest. That setup can attract traders and increase short-term momentum around the retest zone, but the absence of a specific target and the lack of confirmation (“if support holds”) keeps the outcome uncertain.
Historically, breakout retests often act as a decision point: support holding can trigger continuation rallies, while failure can lead to a deeper pullback and false-breakout narratives. Since the article describes XRP as currently trading around the key retest area (after a move down from the mid-2025 peak), it suggests traders should watch price reaction and volume rather than expect an immediate trend change. Net effect: neutral bias until the support/rejection is confirmed by price action.