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XRP Price Analysis: Current Technical Structure Says Big Rally Is Coming
$XRP Crypto analyst STEPH IS CRYPTO has presented a comparative technical analysis suggesting that XRP’s current market structure closely mirrors the setup that preceded its 2017 breakout. The analyst shared side-by-side charts, with one illustrating XRP’s price behavior during 2017 and the other showing the present market cycle extending into 2026. According to the analysis, both periods exhibit a prolonged consolidation phase that eventually transitions into a sharp corrective move. In the 2017 cycle, this corrective move developed into a falling wedge formation, a structure commonly associated with waning downside momentum. STEPH IS CRYPTO notes that this pattern represented a final market reset before XRP transitioned into a powerful expansion phase. Once price exited the wedge structure during that cycle, upward momentum increased rapidly, leading to one of XRP’s most significant rallies on record.
👉Falling Wedge Pattern and Momentum Shift The analyst argues that a nearly identical technical setup is now visible in the current XRP chart. After months of consolidation, XRP experienced a corrective phase that again took the form of a falling wedge. This structure, according to the analysis, suggests that selling pressure has been gradually weakening rather than intensifying. The compression of price within the wedge indicates that volatility narrowed as the market approached a decision point. STEPH IS CRYPTO emphasizes that the present structure appears technically complete. The analyst points to fading downside momentum and early signs of price pushing beyond the upper boundary of the wedge. In the 2017 example, this exact sequence preceded a decisive shift from consolidation to expansion, with price accelerating shortly after the breakout was confirmed. 👉Implications for the Current Market Cycle While the analysis highlights structural similarities, it does not assert an immediate or guaranteed repetition of 2017’s outcome. Instead, the comparison is used to frame the current market context, suggesting that XRP may be transitioning out of a corrective phase and into a period where directional momentum becomes more pronounced. The analyst’s focus remains on the technical structure itself rather than short-term price targets. The attached charts reinforce this viewpoint by visually aligning the wave structure and corrective patterns from both periods. The implication is that the market behavior seen in 2017 was not random, and that comparable technical conditions are now present. 👉Community Perspective on Timing and Price Behavior An additional perspective was offered by an X user commenting on the analysis, who agreed with the general assessment while cautioning on timing. The commenter suggested that any breakout may not occur immediately and could take weeks to materialize. They also speculated that continued efforts to restrain price movement could lead to further short-term volatility before those pressures diminish. Although framed as a personal opinion rather than financial advice, the comment underscores a broader market sentiment that structural breakouts can involve extended periods of uncertainty before confirmation. Together, the analyst’s comparison and the community response highlight a shared focus on XRP’s technical positioning as the market approaches a potentially critical phase.
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