Is XRP Finally Ready to Make a Comeback? Spoiler: It Might Not Be All Bad!

by

Well, well, well, look who’s back in the crypto game! After months of price action that was about as exciting as watching paint dry, XRP is strutting its stuff again. A popular crypto trader on X has spotted something on the weekly chart that’s making everyone do a double-take. Apparently, there’s a technical signal that’s popped up just before major turning points in the past. So, the million-dollar question is: Can this little nugget of information actually help XRP waltz back to its all-time highs? Who knows, but let’s dive in!

XRP’s Multi-Year Range Holds As Bullish Momentum Emerges

According to our friendly neighborhood crypto trader, XRP is still playing nice within a neat little price range that goes all the way back to the 2018 peak. Think of it as XRP’s very own cozy blanket-comfy, familiar, and a tad boring. This range, lounging between the low-$2s and low-$3s, has been the backdrop for XRP’s many market dramas. Since late 2024, it’s been like Groundhog Day, with prices testing the same support and resistance levels over and over without making any real progress. Yawn!

But wait! What makes this time different, you ask? Well, it seems our dear momentum indicators are getting a bit of a glow-up. On those recent weekly lows, they’re forming higher lows while the price is doing its best impression of a stubborn mule at familiar support levels. Translation: sellers are starting to lose their steam. This bullish divergence is suggesting that the distribution is fading faster than my will to exercise on a Monday morning. The chart backs this up, showing price holding steady while momentum is on the rise. How delightful!

From where I’m standing, this consolidation looks more like a strategic regrouping rather than an epic fail. Short-term traders are being swapped out for the long-haul holders, which is like upgrading from a flimsy beach chair to a comfy recliner-definitely a recipe for better market stability. Of course, a bullish divergence alone doesn’t guarantee we’ll be popping champagne over all-time highs anytime soon, but it opens the floor for that conversation in a way that’s not entirely delusional. If we can break above that upper boundary of our charming multi-year range, things might just get interesting. Until then, ATHs are still a “maybe,” but hey, at least the groundwork is looking promising!

Macro Rotation And The Case For A Delayed Altcoin Catch-Up

The larger market environment is like the cherry on top of this crypto sundae. While equities are hitting record highs, metals are losing their luster, and the US dollar is doing a nosedive-classic signs of capital rotation. Yet, here we are, with altcoins like XRP just twiddling their thumbs, largely ignored after getting overshadowed by shiny new narratives. Classic!

Our trader friend points out that this disconnect is downright peculiar. Sure, altcoins are still trading well above their bear-market lows, but that cautious positioning might just be the secret sauce for some juicy gains if capital decides to rotate. Now, I’m not saying the bullish divergence on XRP’s chart is a magic wand that will instantly wave us back to all-time highs, but it does point to some solid groundwork being laid for a bigger move down the line.

If XRP can decisively break above its cozy multi-year range, we might just have a legitimate reason to dust off those party hats and celebrate previous peaks. So, while patience is key, the chart suggests the market is gearing up for a potential delayed catch-up in the altcoin world. And who doesn’t love a comeback story?

Read More

2026-01-29 20:31