Developer to XRP Holders: Stay Patient, We Will Push Higher

Crypto enthusiast and developer Bird has issued a concise message to XRP holders, encouraging them to remain patient amid ongoing market consolidation.

In a recent post accompanied by a four-hour XRP/USD chart from Coinbase, Bird stated, “Stay patient, XRP holders. We will push higher.” The statement was brief, but the attached chart provided context for his outlook.

The image shows XRP trading around the $1.36 level on the four-hour timeframe. A descending trendline is drawn from a prior high, illustrating a sustained downward movement that began in late January and extended into early February. Price action appears to have respected this descending resistance multiple times before approaching the lower end of the structure.

Bird highlighted a circled area on the chart where XRP has been consolidating just beneath the descending trendline. From this region, a projected upward path is indicated with a green arrow extending toward levels above $2.00.

The visual presentation suggests that Bird anticipates a breakout from the current compression zone, followed by a significant upward move. The chart also shows a sharp decline earlier in February, followed by a rebound and subsequent sideways movement.

Community Responses Reflect Mixed Sentiment

Reactions to Bird’s post reflected varying degrees of confidence and frustration among market participants. One user, identified as YouKnowSco, expressed dissatisfaction with repeated calls for patience, stating, “Keep hearing this ‘stay patient’ bullshit as my account disappears before my eyes.” The comment underscores some investors’ emotional strain during extended corrections.

Another user, CryptoLoveAndPain, offered a conditional outlook, suggesting that XRP could decline toward $0.90 before initiating a rapid upward movement. The commenter added that holding $1.80 and breaking above it could result in a swift rally. This response introduced alternative price scenarios while maintaining an overall bullish expectation.

A third commenter, Kibria, questioned the strength of the current support level, stating, “That’s not a good support.” This remark reflects concern that the consolidation area identified in the chart may not provide sufficient structural backing to prevent further downside.

Despite the differing opinions, Bird did not expand further on his analysis within the thread. His message remained focused on encouraging holders to maintain composure while the asset trades within the highlighted zone.

At the time of the post, XRP was hovering near $1.36, with price action compressing beneath descending resistance. Whether the projected breakout materializes will depend on sustained buying pressure and a decisive move above the trendline shown in the chart. For now, Bird’s position is clear: he believes higher levels are ahead, and patience remains essential for those maintaining exposure to XRP.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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