Crypto market analyst, JD has issued a high-impact forecast for XRP investors, pointing to a massive breakout brewing on the horizon. Citing rare technical signals and a repeating chart pattern last seen before XRP’s 2017 bull run, the expert predicts a “biblical move” in the coming months.
XRP Poised For Biblical-Level Rally
In a recent technical analysis posted on the X social media platform, JD shared a bold outlook for XRP, highlighting what he calls a biblical move forming on the long-term chart. Based on a multi-year triangle formation and confirmed bullish technical signals, JD points to a significant price explosion in the next few months, followed by what he predicts could be a historic crash.
In his 2-week XRP chart, JD illustrated a breakout above a long-standing symmetrical triangle pattern. This formation is supported by a confirmed bullish crossover on both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators. According to the analyst, this exact combination previously led to a 28x breakout during XRP’s powerful 2017 bull rally. Now, a similar structure appears to be forming again, sparking fresh optimism for another potential rally.
XRP’s RSI, currently at 71.93, crossed above a key resistance level, while the MACD shows a bullish crossover below the baseline. JD firmly dismisses short-term pullbacks, referring to them as emotional traps for “dumb money,” and stating that these temporary dips do not compromise the overall bullish structure of XRP.
In addition to his short- to mid-term projection, JD also warns of an eventual correction in the XRP price. When asked how deep the cryptocurrency could fall after its next move, he mentioned that he would call the crash when the market top is confirmed, echoing his previous accurate prediction of XRP’s 70% drop to $0.28. Although the analyst has not specified the exact timing of such a severe crash, he expects it after the next parabolic rally.
Analyst Says XRP To $15 Still In Play
Crypto market expert Shawn Marks has weighed in on XRP’s current price behavior, linking it to a broader bullish trend and forecasting a potential explosive rally toward the $10-$15 range. The analyst noted that XRP has experienced a 92% rally over the past month, rising from $1.95 to surpass the $3.6 level.
This explosive move caught the attention of the broader crypto market, signaling the resurgence of bullish momentum in the altcoin market. However, the rally took a brief pause as XRP corrected by 16%, and is now trading at $3.05. Despite the steep drop, Marks remains unfazed, calling the retracement a healthy and unexpected pullback in an otherwise bullish structure.
The analyst suggests that XRP’s recent decline is not a sign of weakness but rather a consolidation phase before the next leg up. Once the altcoin bottoms out, Marks predicts that it could resume its upward trajectory, targeting a price range of $10 to $15.
Featured image from Getty Images, chart from Tradingview.com
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