XRP Analyst: Key Resistance Level Holds Secret to Next Major Move
Crypto analyst JD has published a technical breakdown of XRP on the weekly timeframe that caught traders' attention.
The analysis covers price action stretching back to early 2025 and identifies a structural turning point that JD believes could define XRP's next major move.
XRP currently trades at $1.3955, well below its all-time high of $3.65, but JD finds the structure forming around current prices significant.
The downtrend from July 2025 was marked by lower highs and lower lows across multiple weekly candles, which compressed XRP's price toward the key Fibonacci 0.786 retracement level at $1.0133.
XRP found support at this level and held above it during a sharp surge last week that saw the asset rise over 50% in just a few days.
JD sees the recent higher high as a potential shift in market structure, stating 'If XRP holds above the prior LL and creates another HH, I believe the BOTTOM is IN!'
The blue horizontal zone on the chart near $1.85 to $1.95 appears to act as a major resistance level for XRP.