A crypto analyst known as Blacksea has pointed out that XRP’s price has formed a major bullish pattern that most of the market seems to have missed. He noted that the last time this setup appeared, XRP surged by triple-digit percentages and hit a new all-time high. If history repeats itself, the cryptocurrency could be headed for a similar explosive rally this cycle. That kind of move could finally end XRP’s ongoing downtrend and push it firmly into a new bullish phase.
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XRP Prints The Same Pattern That Triggered 2024 Rally
On June 6, Blacksea said XRP has once again formed the same falling wedge pattern it showed in 2024. Back then, the coin was trading around $0.50 before the pattern fully developed, eventually leading to a massive 600% price increase. Looking at the 2024 chart, XRP moved tightly within the falling wedge, with repeated swings and compression between the upper and lower trendlines. Although price action was volatile, XRP briefly broke below the lower boundary of the wedge. That false breakdown turned out to be a turning point, as momentum quickly shifted and the price reversed sharply higher. This eventually pushed XRP past $1.50, delivering that historic rally.
According to Blacksea, XRP could be gearing up for the same kind of parabolic surge. The cryptocurrency is currently trading inside its wedge, with repeated price drops and compression, though it hasn’t yet broken below the lower boundary. If a breakdown does happen, it could mirror the 2024 pattern, acting as a final shakeout before a strong reversal. Blacksea expects this could spark a fresh recovery for XRP, setting the stage for a renewed bullish trend and possibly new all-time highs. Ahead of this predicted rally, he advises traders and investors to position themselves early and manage risk carefully to protect against sharp downside moves if the pattern doesn’t play out as expected.
Analyst Predicts XRP Price Dip Before Explosive Rally
In another post, crypto analyst Celal Kucuker shared a bullish outlook for XRP but warned that the move might only happen after another major price drop. He pointed to a Cup & Handle pattern forming on XRP’s chart, predicting a potential explosive rally toward the 1.618 Fibonacci Extension level above $14.
Kucuker explained that before XRP can reach that ambitious target, its price is likely to extend its current downward trend, possibly dropping sharply toward $0.90. The chart he shared shows that further weakness around this level could break XRP’s bullish structure and lead to a deeper decline near $0.48.
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However, Kucuker’s chart also suggests that if the price holds support at $0.95 and stages a strong rebound, the next upside target would likely be around $1.50. From there, he projects a jump to $3.66, which would be about a 282% increase from $0.95. After that, XRP could accelerate toward his final target of around $14.10, a level that would represent a staggering 1,378% rally from the former $0.95 support area.
Featured image from Pexels, chart from TradingView
Frequently Asked Questions
Here is a list of FAQs based on the topic An XRP expert says people should pay attention to a pattern that most are overlooking
BeginnerLevel Questions
Q What is this pattern that XRP experts are talking about
A They are referring to a specific price movement or chart formation that suggests XRP might be about to make a big moveeither up or down
Q Why would most people overlook this pattern
A Because its not obvious on shortterm charts It usually shows up on longer timeframes or requires looking at trading volume and market sentiment in a unique way
Q Does this mean I should buy XRP right now
A Not necessarily Patterns are signals not guarantees You should always do your own research and never invest based on one experts opinion alone
Q Is this pattern only for XRP or does it apply to other cryptocurrencies
A Its specific to XRPs price history and market behavior but similar patterns can appear in other coins The expert is focusing on XRP because of its unique legal and adoption story
IntermediateLevel Questions
Q What kind of pattern is the expert referring toa bullish or bearish one
A Most experts in this context point to a bullish pattern such as a multiyear symmetrical triangle or a hidden bullish divergence on the RSI The idea is that XRP is coiling for a major breakout
Q How can I spot this pattern myself
A Look at the weekly or monthly chart for XRP Draw trendlines connecting the highs and lows over the last 35 years If the lines are converging into a tight range thats the pattern Also check if trading volume is decreasing
Q Why would an expert say this pattern is overlooked
A Because most traders focus on shortterm news The expert believes the longterm technical structure is more important than daily headlines and most people miss that forestforthetrees view