TimesTabloid
2026-01-07 13:31:48

XRP Is Repeating A Powerful Setup. Here’s What Is Happening

Recent market commentary from crypto analyst Steph Is Crypto centers on what he describes as a developing breakout for XRP on the weekly timeframe. In his latest post, the analyst emphasizes that the current price movement is unfolding in line with scenarios previously outlined on his channel According to his assessment, the structure now visible on higher timeframes suggests that XRP is transitioning out of a prolonged consolidation phase, a development he considers technically significant given the asset’s historical behavior. Steph Is Crypto describes the current moment as a critical juncture, noting that the immediate breakout itself is less important than what may follow. His analysis focuses on identifying structural similarities rather than making absolute claims, positioning the current setup as a technical comparison rather than a definitive forecast. $XRP Is Repeating a Powerful Setup pic.twitter.com/W32NaU18bs — STEPH IS CRYPTO (@Steph_iscrypto) January 5, 2026 Comparison Between the Current Cycle and 2017 Price Action A central element of the analyst’s commentary is a side-by-side comparison between XRP’s price action during the 2017 cycle and its current structure spanning 2025 into 2026. In both cases, he observes an extended period of consolidation that eventually resolved into a sharp corrective move. This correction, in his view, formed a falling wedge pattern defined by descending resistance and support lines. Steph Is Crypto explains that this pattern is not only visible in the historical chart but is also present in the current market structure. He notes that XRP has now moved beyond the upper boundary of this formation, a development that mirrors the breakout seen in the earlier cycle. The analyst underscores that this alignment is occurring on the weekly chart, which he considers particularly relevant for identifying broader market trends rather than short-term fluctuations. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Falling Wedge Breakout and Historical Context According to the analysis, the falling wedge that developed in 2017 preceded a substantial upward move once the price broke above resistance. Steph Is Crypto points out that the present chart shows a comparable sequence: consolidation, corrective decline within narrowing boundaries, and a subsequent breakout. He emphasizes that this type of structure has historically been associated with trend reversals, especially when confirmed on higher timeframes. While drawing these parallels, the analyst is careful to note that markets do not repeat with exact precision. He acknowledges that external conditions, liquidity, and overall market dynamics differ from those of 2017. However, he maintains that the similarity in market structure is difficult to ignore and warrants close attention from market participants. Steph Is Crypto concludes that although past performance cannot dictate future outcomes, the current setup places XRP in a position that closely resembles a historically strong phase. As XRP continues to trade above former resistance levels, the analyst suggests that the coming weeks may provide further clarity on whether this structural similarity translates into sustained upward momentum. 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. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Repeating A Powerful Setup. Here’s What Is Happening appeared first on Times Tabloid .

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