Four chart overlays originating from XRP price movements in past cycles indicate that the price often rallies from levels such as the current one.
While XRP has been at the mercy of the bears, market data suggests a recovery effort may not be far off. For context, after a disastrous Q4 2025, XRP embarked on a rebound push that pushed prices to $2.41 by Jan. 6, 2026. However, the resistance at this point has since led to a pullback, with XRP struggling to hold above the $1.9 support.
Despite the downward trend, historical data from previous cycles indicate that whenever XRP surges, pulls back, and consolidates around levels like the current position, what typically follows is another upward push. The current cycle appears to be following the exact same trend, which has played out four times since 2015.
XRP Declines After Initial Upsurge
Austin, a well-regarded chartist, discussed this pattern in one of his recent analyses. The market watcher stressed that XRP may be near the end of the current consolidation phase, suggesting that volatility could return to the market when the bulls finally arrive.
Within this consolidation, XRP has seen occasional upswings above $3 and declines below $2, but it has largely maintained a position around the $2 price, currently trading for $1.95. Austin believes the consolidation, which has lasted for a year now, could be close to an end.
Four Chart Overlays Provide Historical Data
To prove his point, he called attention to historical data. According to him, XRP currently trades within a structure that looks similar to XRP’s price action in previous cycles. Specifically, the structure involves an initial upsurge, a pullback from this upsurge, a consolidation, and then a recovery push.
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