Crypto analyst flags XRP’s move into a “neutral” phase — could a major bull run follow? A crypto analyst known as CW says XRP has broken out of its prior bottom, moved into a neutral state and appears to be entering the final stage of a recurring four-phase cycle that has preceded strong rallies in past market cycles. Pattern repeats across cycles CW’s chart compares two multi-year cycles (roughly 2014–2018 and 2017–present) and identifies a repeating four-phase structure: - Phase 1: sharp breakout to an initial peak (TP1), establishing a new all-time high. - Phase 2: formation of a symmetrical triangle — months of sideways, tightening price action. - Phase 3: extended consolidation inside a broader base. - Phase 4: breakout above the triangle and a rapid surge to a second peak (TP2), historically near the 6.618 Fibonacci extension. How this applies to the current cycle According to CW, XRP has already run through Phases 1–3 in the present cycle. After reaching an early peak near $3.50 (TP1) in early 2025, the token recently pierced the upper boundary of a symmetrical triangle and has now entered what CW calls the “neutral state” — the start of Phase 4. In this final phase, CW projects a potential new all-time high around $21.5, which aligns with the 6.618 Fibonacci extension level observed in the 2014 cycle. Momentum indicators that back the pattern CW’s chart overlays two momentum tools to illustrate how each phase behaved historically: - Stochastic Oscillator: tends to hit oversold readings in Phase 2 (consistent with deeper consolidation), hover mid-range during Phase 3 (neutral), and spike toward overbought levels in Phase 4 when breakouts accelerate. - MACD histogram: shows strong positive bars on Phase 1 breakouts, negative bars during Phase 2 declines, muted fluctuations in Phase 3, and rapidly expanding positive bars during Phase 4 surges. Bottom line CW interprets the breakout and the current neutral phase as the early signs of a larger bull leg, with a decisive move above the previous all-time high seen as the catalyst for acceleration. As with any technical projection, this is a scenario-based read of historical patterns and momentum signals rather than a guarantee — traders should weigh risks and use their own analysis. Read more AI-generated news on: undefined/news
