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Analyst: XRP Is Set for a Major Price Rally Before This Historical Rug Pull Crash
$XRP Previous price behaviors usually offer clues about potential future movements in the cryptocurrency market. Traders and analysts closely study historical charts, searching for repeating setups that indicate strong momentum or imminent risk. XRP, one of the most actively traded digital assets, appears to be entering such a critical juncture, where technical structure and long-term trends converge. In a recent post on X, crypto analyst JD highlighted striking parallels between XRP’s price action in 2017–2018 and its current trajectory in 2026. According to JD, XRP’s breakout from an ascending triangle in 2017 led to an extended consolidation period, a retest of the 21-month EMA, and a parabolic surge in early 2018, followed by a significant crash. The analyst suggests that XRP’s present retest of the 21-month EMA after a similar triangle breakout could set the stage for another major rally, echoing historical momentum before any potential sharp reversal.
👉Historical Patterns and Technical Significance XRP’s 2017 ascending triangle acted as a catalyst for sustained gains. After the breakout, the market consolidated for over a year, allowing accumulation and stabilization. When the price retested the 21-month EMA, long-term holders strengthened their positions, creating conditions for a parabolic surge in January 2018. JD overlays this historical market structure with XRP’s current chart, indicating that the same dynamics may be re-emerging. The 21-month EMA has historically functioned as a reliable long-term support, guiding XRP’s trajectory during multi-year cycles. Observing the current bounce off this EMA, JD argues that the market is positioned for a strong upward move. This support attracts buying interest from investors who respect historical trends, reinforcing the potential for accelerated momentum. 👉Short-Term Implications and Risk Awareness While JD projects bullish potential, he also warns of historical risks. Parabolic rallies in XRP often end with sharp corrections, making disciplined risk management essential. Traders should monitor critical support and resistance levels and remain aware that rapid gains can be followed by sudden declines. 👉Navigating the Current Cycle Understanding the cyclical nature of XRP’s price action remains crucial. Historical parallels provide a roadmap for momentum, but volatility and timing require careful observation. JD notes that those who suffered during previous crashes may underestimate the current rally, emphasizing the importance of analyzing charts objectively rather than relying on sentiment or skepticism. In conclusion, JD’s analysis highlights a setup for a potential major rally in XRP, anchored by the 21-month EMA and the recent triangle breakout. While historical precedent warns of sharp corrections following parabolic moves, the technical alignment suggests a significant upward opportunity for traders prepared to navigate the risks.
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