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HomeCrypto NewsMarketXRP 8 Months of Silence: Analysts Say XRP Coiling for Its Loudest Move Yet

XRP 8 Months of Silence: Analysts Say XRP Coiling for Its Loudest Move Yet

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While much of the crypto market grows restless, XRP continues to quietly hold its ground.

For eight consecutive months, XRP has mostly traded above its previous peak monthly close from 2017–2018. However, XRP’s lack of major movement during this time has sparked concerns.

Amid these concerns, analysts like Nick, known as Crypto Crusader and the founder of Web3Alert, say this prolonged consolidation is not a sign of weakness. Instead, they see it as a coiling pattern that could lead to one of XRP’s loudest breakouts yet.

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XRP Consolidates Above Historic Levels

In a tweet, CrediBULL Crypto, a widely followed market analyst, pointed out that XRP is one of the few altcoins showing clean, impulsive price action since its breakout from the $0.50 range. He confirmed that XRP is now in its eighth month of consolidation above its previous cycle top on the monthly timeframe.

He sees this extended sideways movement as a sign that the market is underestimating what’s coming. According to CrediBULL, XRP’s price action suggests it’s building momentum for a significant expansion phase that could leave most market participants behind.

Market Is Sleeping on XRP

Nick echoed a similar view. He noted that while many traders have grown bearish or impatient, XRP has been holding above $2 for eight consecutive months—something he believes most people are overlooking.

Nick believes the current silence around XRP is exactly what typically precedes major moves in crypto. He warned that when this consolidation phase ends, it won’t be gradual. Instead, it will likely catch the majority off guard.

With Bitcoin dominance still above 60%, both analysts argue that the final altcoin wave of the cycle hasn’t arrived yet. Historically, this is the phase when capital rotates into altcoins, pushing many of them to 5x, 10x, or even 15x gains.

Essentially, XRP, now trading consistently above key resistance-turned-support, appears to be one of the better-positioned large-cap altcoins heading into this next phase. If the pattern holds, the silence of the past months may give way to a powerful breakout that redefines market expectations.

“It’s Inevitable, Don’t Fight It”

Meanwhile, in a separate analysis, day trader “CRYPTOWZRD” also shared optimism that promising days are just around the corner for XRP. He pointed out that the coin has been in a holding pattern for 32 weeks, “gathering strength.”

According to CRYPTOWZRD, all it takes for the condition to flip is one more weekly bullish candle, and it’s only a matter of time before that happens. “It is inevitable,” he argued, warning bears not to “fight it.”

Image
XRP weekly chart by CRYPTOWZRD

His accompanying chart suggests XRP could head straight to the $4 zone after the project retests. While this value is modest, in an earlier analysis, CrediBULL Crypto suggested that prices between $20 and $40 are realistic expectations for XRP by the end of this cycle.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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