Analyst Says This XRP Setup Will “Retire My Whole Family Bloodline”

XRP has demonstrated notable resilience in recent weeks, holding key levels on the monthly chart.

Crypto analyst JD (@jaydee_757) shared a technical setup that suggests the token is positioned for potential upward momentum. The chart shows both a hidden bullish divergence and a critical retest of a long-term trendline.

Monthly Trendline Retest

JD points to a textbook retest of a seven-year ascending trendline. At the time of his analysis, XRP’s market cap sat at $81.12 billion, testing support near historical highs from previous cycles.

The chart shows multiple confirmations where the market respected this level, indicating strong institutional and retail interest at these points. JD notes this as a high-probability zone for price stabilization before any next upward move.

The analyst also mentions that XRP is testing a seven-year ascending trendline, reinforcing strong support at this level. He notes that Bitcoin dominance could influence XRP’s movement, as a decline in BTC dominance may redirect capital into XRP. This shift could create conditions for renewed upward momentum and allow XRP to reach the next target zones.

Hidden Bullish Divergence

A significant point in JD’s analysis is the hidden bullish divergence on the monthly chart. The divergence shows higher lows in price alongside lower lows in the oscillator, a setup often seen before the continuation of long-term uptrends.

The RSI indicator on the chart is at 45.44, rising from prior lows, supporting the view that downside pressure is weakening. This technical signal could help XRP find support near current levels and resume its upward trajectory.

XRP Price: Next Target Zones

The chart points to clear potential upside levels for XRP. The analyst emphasizes that a drop in Bitcoin dominance could significantly influence price movement, as capital may flow into XRP, creating conditions for renewed upward momentum. He maintains a long-term holding strategy, keeping a substantial position and planning to adjust exposure as XRP approaches key levels.

JD also indicates a long-term holding strategy, stating he retains a “decent bag for long term” and will adjust positions once targets are reached. This reinforces the potential for steady accumulation and measured profit-taking as XRP approaches the defined zones.

Outlook for XRP

The analyst stated, “This would RETIRE my whole family bloodline!” showing his confidence in XRP’s potential for significant gains. He emphasizes that if the anticipated growth does not occur in this cycle, it may happen in the next.

His approach combines long-term holding with strategic risk management, demonstrating conviction in XRP’s trajectory and highlighting the potential for substantial rewards for patient investors.

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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