Expert Shares His Thoughts On XRP Price Action Over the Next Few Months

After months of persistent selling, XRP traders are searching for signs of exhaustion in the downtrend. The asset has endured six to seven consecutive months of downside pressure, gradually eroding bullish momentum.

When a market compresses for that long, tension builds beneath the surface. Relief often follows extended drawdowns, but timing and structure determine whether that relief evolves into recovery or fades into another leg lower.

Crypto technical analyst ChartNerd recently shared his outlook on X, offering a structured breakdown of XRP’s potential path over the coming months. In his video analysis, he explains that XRP appears overdue for at least a short-term rebound. He bases his outlook on higher-timeframe formations rather than intraday volatility.

A Market Under Sustained Pressure

XRP has trended lower in a controlled fashion since its earlier cycle highs. Sellers have consistently stepped in at resistance levels, while buyers have gradually defended lower support zones. This pattern reflects distribution followed by compression, not panic-driven capitulation.

Extended corrective phases often reset overheated indicators and reposition long-term participants. ChartNerd notes that XRP continues to respect broader structural support, particularly Fibonacci retracements that originated from the $0.52 base during earlier accumulation phases.

Ascending Triangles and Fibonacci Confluence

In his chart breakdown, ChartNerd highlights ascending triangle formations on higher timeframes. This structure forms when price prints higher lows beneath a relatively flat resistance level. Each higher low signals growing buying pressure. When price compresses into the apex of such a formation, volatility typically expands.

He also references Fibonacci retracement levels drawn from prior major moves. These retracements align with current consolidation zones, strengthening the case for a technical reaction. Based on these confluences, he expects XRP to attempt a rally toward the $1.80 to $2 region during March or April.

Relief Rally or Dead Cat Bounce?

ChartNerd makes a critical distinction. He believes March and April could bring relief, but he does not automatically classify that move as a confirmed bull continuation. He argues that May and June will likely determine the broader macro direction.

If XRP sustains strength above the $2 region and converts resistance into support, momentum could accelerate. If price fails at resistance, the rebound could resemble a temporary dead cat bounce before another move lower.

Macro Conditions Will Decide

Broader crypto conditions will heavily influence XRP’s trajectory. Capital rotation, Bitcoin stability, and overall liquidity will shape whether buyers maintain control.

For now, XRP stands at a technical crossroads. After months of sustained downside pressure, the coming weeks may finally reveal whether relief transforms into renewed expansion or remains a pause within a larger corrective structure.

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 urged to do in-depth 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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