XRP’s Snooze Fest: Will It Wake Up to an 850% Rally? 🤑💤

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Well, I say, old bean, it appears that Ripple’s XRP has been taking a jolly long nap beneath its 50-week Simple Moving Average (SMA), clocking in at a rather impressive 70 days of slumber. 🛏️✨ Quite the snooze fest, what? Analysts, those clever chaps, reckon this sort of behavior often precedes a spot of excitement-a breakout, if you will. Past shenanigans suggest XRP has a penchant for dramatic price leaps after such periods of inertia.

History Repeats Itself, Like Aunt Agatha’s Stories 🗓️🔁

Crypto analyst Steph Is Crypto (rather a mouthful, that name) has pointed out this recurring tomfoolery across three previous cycles. In 2017, XRP dawdled below the 50-week SMA for 70 days, only to bound up by over 200%. In 2021, a mere 49-day siesta led to a 70% gain. And in 2024, after 84 days of loitering, XRP decided to go on an 850% jaunt. Dash it all, the token’s at it again, repeating the 70-day snooze, though no breakout has yet been confirmed. The charts, as Steph notes, show a bit of price compression under the moving average, followed by a jolly good upside expansion in past examples. The same rigmarole seems to be brewing now. Steph quipped,

“Right now, XRP is sitting inside the same historical window that previously marked the end of downside and the start of expansion.”

Rather like waiting for the pudding at a dinner party, eh? 🍮

Moreover, XRP’s current 2025 chart is drawing comparisons to earlier setups from 2016 and 2024. In both years, the price followed a three-wave correction labeled A-B-C-a bit like a waltz, but less graceful. The structure lasted 120 to 150 days and ended in a breakout. The 2025 chart shows the same form, now reaching 150 days. This phase has been marked by slow, sideways action and low volume, rather like watching paint dry. 🦥

Steph Is Crypto remarked with a touch of dry humor,

“Nothing about this looks exciting. And that’s usually what XRP looks like right before it moves.”

Fractal Model: A Crystal Ball or Just a Fancy Guess? 🔮📈

Analyst Egrag Crypto (another corker of a name) has updated his fractal model, which he claims tracks XRP’s behavior with around 82% accuracy. He’s thrown out some potential price levels if the model holds: $3.20, $8.00, $15-16, and $20-27. Rather ambitious, what? These figures are tied to how XRP continues to follow the same path. Egrag added that a break below $1.60 would weaken the model, and a move under $1.30 would invalidate it entirely. The fractal is being treated as a live model, not a confirmed forecast. The time range for possible expansion is June to October 2026-plenty of time to brew a pot of tea. 🫖

XRP Chart Analysis

Near-Term Action: Will It Fizz or Fizzle? 🥤💥

XRP is priced at $1.86 at press time, down 2% in the past 24 hours and 1% over the last week. Analyst CryptoWZRD (quite the wizard, this one) said the price needs to stay above $1.98 to remain in bullish territory. They also mentioned support at $1.82 and resistance near $2.75. On the cautionary side, analyst Ali Martinez raised concerns about a possible short-term correction, warning that XRP could drop by over 55% if certain levels fail. He pointed to technical signs that could open a path toward $0.80, especially if rejection continues near key resistance. Rather a gloomy forecast, that. ☔

In addition, XRP inflows to centralized exchanges have been rising, as previously reported by CryptoPotato. Binance continues to account for the largest share of XRP volume. Higher exchange inflows are often seen as a sign that traders are preparing to sell-rather like guests leaving a party early. 🏃💨

So, there you have it, old sport. XRP’s current snooze fest may just be the calm before the storm. Or it might all fizzle out like a damp squib. Only time will tell. Until then, keep your stiff upper lip and your wallet handy. Cheers! 🥂

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2025-12-30 20:59