XRP’s weekly price action is drawing renewed attention as the token grinds inside a historically sensitive corridor. Rather than signaling exhaustion, a well-known XRP commentator argues this consolidation could be the market laying the groundwork for a major structural pivot — potentially the “final base” before a multi-year advance. What the charts show - In a recent post on X (formerly Twitter), market analyst @Austin_XRPL mapped XRP’s macro behavior and highlighted a consistent pattern: each major run-up was preceded by an extended consolidation phase during which price built acceptance before advancing. - Key historical bases he cites: - $0.15–$0.30: ~2 years of foundational support - $0.30–$0.50: ~2 years of accumulation - $0.50–$0.75: ~18 months of structured interaction - $0.75–$1.30: ~1 year of basing - $1.80–$3.40: >1 year of sustained trading (often seen as distribution) The missing piece: $1.30–$1.80 - Austin points to $1.30–$1.80 as the only major macro zone that never formed a proper base. Historically, price ran through this band quickly, leaving it “inefficient” — thin on liquidity and support. - Current weekly action shows XRP trading inside that corridor rather than rejecting it. Austin interprets this as structural repair or “gap-filling,” where price rotates through the range to build acceptance and durable support. Why it matters - If XRP completes a base in $1.30–$1.80, it would close the last structural gap on the macro chart and leave lower zones with established consolidation histories. That could mean lighter overhead supply and a cleaner path for a longer-term markup. - In this view, a breakout from this zone would reflect resolved market structure and disciplined accumulation, not just short-lived sentiment. Bottom line XRP’s present consolidation may be more than a pause — it could be the final stage of structural preparation. Market watchers will be watching weekly acceptance inside $1.30–$1.80 and any decisive move above the band as signals that the market has converted an inefficient corridor into a durable launch platform. Read more AI-generated news on: undefined/news
