$XRP Is Repeating Cardano’s 2021 Setup — And It’s Not Bullish
I’ve been extremely bullish on $XRP for years.
Held through the bear market.
Held through the lawsuit.
Defended the narrative when most gave up.
But now?
I’ve sold 70% of my XRP, and I plan to exit the rest very soon.
Here’s why XRP may be heading for a major breakdown — and why the recent “good news” was actually your exit signal.
The Good News Trap
Notice how perfectly the news was timed:
ETF hype near the top
Lawsuit conclusion around $3.20
Bullish headlines at major resistance
That’s not luck. That’s how markets work.
Smart money buys the rumor.
Retail buys the news.
We’ve seen this before. In July 2023, when Judge Torres ruled in XRP’s favor, everyone called it the start of a moon mission. That move marked the top — and price collapsed after.
Markets don’t reward the crowd. They punish it.
XRP Is Following Cardano’s 2021 Playbook
From a technical perspective, XRP is mirroring Cardano’s 2021 structure almost perfectly.
Cardano (ADA) 2021:
Consolidated ~450 days near its 2018 ATH
Investors believed it was “building a base”
Then it collapsed aggressively
XRP (2024):
Consolidated ~430 days around its 2018 ATH
Same structure. Same timeframe. Same psychology
Now showing signs of the same outcome
Overlay the charts — the similarity is unsettling.
The Uncomfortable Truth
Good news at resistance = exit liquidity
ETF announcements = distribution phase
Lawsuit ending at major resistance = classic top signal
Long consolidation ≠ strength (sometimes it’s distribution)
I wanted XRP to win. I held it for years with conviction.
But the market doesn’t care about beliefs — only price action.
And right now, price action is screaming risk, not opportunity.
Markets are forward-looking. All the bullish catalysts were priced in months ago. What comes next may be brutal.
Cardano holders in 2021 wish they had a warning.