While XRP has looked tame to traders watching the hourly and daily charts, one market analyst says that zooming out tells a much more bullish story.
Crypto analyst @Jaydee_757 posted on X this week arguing that short-term price noise — the modest intraday swings that have kept XRP hovering around roughly $1.30 — can obscure the bigger trend. When traders fixate on minute-by-minute action, Jaydee says, consolidation and small pullbacks are often mistaken for weakness instead of part of a larger structure.
On the monthly timeframe, Jaydee points out, XRP’s price action paints a clearer picture: a large ascending triangle has formed, with a horizontal resistance at the top and a rising trendline connecting higher lows underneath. According to his chart, XRP has already broken above that horizontal resistance in a strong move, then pulled back toward the breakout level — a textbook retest that, if it holds, often confirms former resistance as new support.
From that perspective, the current sideways trading could simply be a transitional consolidation rather than a sign that momentum has failed. Jaydee’s annotated chart highlights a green target zone above the breakout where XRP could potentially extend if bullish momentum resumes, while a nearby pink box marks a region that may still act as a consolidation area during this phase.
The takeaway: short-term charts can amplify “noise” and emotions, particularly during sideways periods, but a higher-timeframe view can reveal durable market structure and clearer trade implications. For traders and investors in XRP, the monthly setup suggests watching whether the breakout retest holds — if it does, the path toward the higher target area remains plausible.
Read more AI-generated news on: undefined/news
